The Greedy Trader Weekly Analysis
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Weekly Pattern:Falling Channel
Number of records: 2
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Channeling Stock - rising channel and falling channel.
Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
Tips:
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
eBay Inc.
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Summary:
Weekly :Stochastic signal line moved above oversold areaPrice is near the Fibonacci 38.2% retracement level
Daily :Lane's Stochastic is overboughtThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the eBay Inc. (EBAY). During the week, the EBAY gave back -0.24 points, or -0.80%, and closed at 29.63 on Friday, November 09, 2018. Weekly volume was 24% above average.

Long-term trend: [See EBAY long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 4.17 and reached 46.99 on February 1, 2018. EBAY gained -42.82 points, or -1026.86%, in 464 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See EBAY medium-term trend chart]
A medium-term downtrend had started on February 1, 2018 at 46.99 and reached 26.36 on October 29, 2018. EBAY lost 20.63 points, or 43.90%, in 38 weeks. The price is now at the 15.85% retracement level.

Weekly Technical Indicators: [See EBAY weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since March 29, 2018. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See EBAY short-term trend chart]
A short-term uptrend had started on October 29, 2018 at 26.36 and reached 30.26 on November 6, 2018. EBAY gained -3.90 points, or -14.80%, in 8 days. The price is now at the 16.15% retracement level.

Daily Technical Indicators: [See EBAY daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

The daily MACD line is above its signal line since October 31, 2018. This is an indication that the short-term trend is up.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.01
Williams' Percentage Range (W%R) 45.90
Lane's Stochastic (%D-Slow) 88.22
Overbought
Greed/Fear Indicator (GFI) 66.76
Moving Average Converg./Diverg. (MACD) -0.93
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.28
Williams' Percentage Range (W%R) 75.40
Lane's Stochastic (%D-Slow) 21.96
Greed/Fear Indicator (GFI) 29.34
Moving Average Converg./Diverg. (MACD) -1.71
Trading Signals
Description Value Chart
Upper Bollinger Band 33.00
50 Day Moving Average 31.80
Daily Stochastic Crossing 29.97
Price 29.63
20 Day Moving Average 29.37
Weekly Stochastic Crossing 28.26
Parabolic System 28.10
Lower Bollinger Band 26.64
Sector and Industry
Description Name Rank
Sector Technology 3
Industry Internet Software & Svcs 92
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 30.26
High Date 11/06/2018
Low 29.52
Low Date 11/08/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.36
Low Date 10/29/2018
High 30.26
High Date 11/06/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.29
High Date 08/29/2018
Low 26.36
Low Date 10/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.99
High Date 02/01/2018
Low 26.36
Low Date 10/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 4.17
Low Date 03/06/2009
High 46.99
High Date 02/01/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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