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Monthly Pattern:Rising Wedge
Number of records: 12
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Chart Analysis and Chart Pattern Recognition – Rising Wedge Pattern.
A rising wage pattern is a triangle formation with noticeable slant to the upside. It represents the loss of the upside momentum on each successive high and has a bearish bias. Rising wedges pattern usually marks a reversal in an uptrend. In a downtrend, the rising wedge is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Rising Wedge Screening page presents a list of stocks forming Rising Wedge Pattern.
Tips:
# 1
The rising wedge appears in a mature trend characterized by overbought long-term and short-term indicators. This situation usually generates divergence on long-term indicators.
# 2 For the best results, this chart pattern should be considered together with other technical analysis signals and technical trading techniques.
Rising Wedge Pattern,Rising Wedge,Rising Wedge Chart Pattern,Stock Charting, chart pattern, charts, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading
Expeditors Int'l.
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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a second consecutive positive week for the Expeditors Int'l. (EXPD). During the week, the EXPD climbed 0.58 points, or 0.78%, and closed at 75.39 on Friday, September 14, 2018. Weekly volume was -22% below average.

Long-term trend: [See EXPD long-term trend chart]
A long-term uptrend had started on October 10, 2012 at 34.20 and reached 78.16 on June 12, 2018. EXPD gained -43.96 points, or -128.54%, in 295 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (48.23) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See EXPD medium-term trend chart]
A medium-term uptrend had started on January 15, 2016 at 40.41 and reached 78.16 on June 12, 2018. EXPD gained -37.75 points, or -93.42%, in 125 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (68.07) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See EXPD weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 3, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See EXPD short-term trend chart]
A short-term uptrend had started on August 7, 2018 at 69.71 and reached 76.17 on September 10, 2018. EXPD gained -6.46 points, or -9.27%, in 34 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 74.19 and resistance is at 76.48. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.

Daily Technical Indicators: [See EXPD daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since September 4, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.32
Williams' Percentage Range (W%R) 49.40
Lane's Stochastic (%D-Slow) 73.74
Greed/Fear Indicator (GFI) 61.20
Moving Average Converg./Diverg. (MACD) 0.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.75
Williams' Percentage Range (W%R) 23.10
Lane's Stochastic (%D-Slow) 53.81
Greed/Fear Indicator (GFI) 60.40
Moving Average Converg./Diverg. (MACD) 2.71
Trading Signals
Description Value Chart
Weekly Trendline Resistance 76.48
Upper Bollinger Band 76.23
Price 75.39
Daily Stochastic Crossing 75.20
Weekly Stochastic Crossing 74.37
20 Day Moving Average 74.37
Weekly Trendline Support 74.19
50 Day Moving Average 74.09
Parabolic System 73.79
Lower Bollinger Band 72.77
Quarterly Trendline Resistance 70.79
Quarterly Trendline Support 68.07
Sector and Industry
Description Name Rank
Sector Services 7
Industry Air Delivery/Freight Svcs 112
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 72.51
Low Date 08/28/2018
High 76.17
High Date 09/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 76.48
Support 74.19
Low 69.71
Low Date 08/07/2018
High 76.17
High Date 09/10/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 60.80
Low Date 03/23/2018
High 78.16
High Date 06/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 70.79
Support 68.07
Low 40.41
Low Date 01/15/2016
High 78.16
High Date 06/12/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 57.58
Support 48.23
Low 34.20
Low Date 10/10/2012
High 78.16
High Date 06/12/2018
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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