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Monthly Pattern:Rising Wedge
Number of records: 7
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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 :Overbought sectorBroken trend resistance line
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a first positive week for the Expeditors Int'l. (EXPD). During the week, the EXPD gained 3.50 points, or 5.77%, and closed at 64.12 on Friday, February 16, 2018. It was the best weekly gain since December 1, 2017. Weekly volume was 33% above average.

EXPD is a member of Services Sector. Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See EXPD long-term trend chart]
A long-term uptrend had started on October 10, 2012 at 34.20 and reached 67.54 on January 24, 2018. EXPD gained -33.34 points, or -97.49%, in 276 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (46.85) 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 67.54 on January 24, 2018. EXPD gained -27.13 points, or -67.14%, in 105 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 57.56 and resistance is at 65.71. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern 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 February 2, 2018. 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 February 9, 2018 at 59.11 and reached 64.42 on February 16, 2018. EXPD gained -5.31 points, or -8.98%, in 7 days. The price is now at the 5.65% retracement level.

Daily Technical Indicators: [See EXPD daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above 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.

Price is close to the 50 Day Moving Average. 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) 39.77
Williams' Percentage Range (W%R) 42.90
Lane's Stochastic (%D-Slow) 78.28
Greed/Fear Indicator (GFI) 58.37
Moving Average Converg./Diverg. (MACD) -0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.98
Williams' Percentage Range (W%R) 32.60
Lane's Stochastic (%D-Slow) 63.09
Greed/Fear Indicator (GFI) 62.84
Moving Average Converg./Diverg. (MACD) 2.08
Trading Signals
Description Value Chart
Upper Bollinger Band 67.98
Monthly Trendline Resistance 67.15
Quarterly Trendline Resistance 65.71
50 Day Moving Average 64.70
20 Day Moving Average 64.14
Price 64.12
Weekly Stochastic Crossing 63.82
Daily Stochastic Crossing 63.65
Monthly Trendline Support 61.65
Parabolic System 59.94
Lower Bollinger Band 59.56
Quarterly Trendline Support 57.56
Yearly Trendline Resistance 56.20
Sector and Industry
Description Name Rank
Sector Services 9
Industry Air Delivery/Freight Svcs 88
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 59.11
Low Date 02/09/2018
High 64.42
High Date 02/16/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 67.54
High Date 01/24/2018
Low 59.11
Low Date 02/09/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 67.15
Support 61.65
Low 51.96
Low Date 05/30/2017
High 67.54
High Date 01/24/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 65.71
Support 57.56
Low 40.41
Low Date 01/15/2016
High 67.54
High Date 01/24/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 56.20
Support 46.85
Low 34.20
Low Date 10/10/2012
High 67.54
High Date 01/24/2018
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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