The Greedy Trader Weekly Analysis
Sign In Apr 12, 2024
Skip Navigation Links
TA Search
Share
Yearly Pattern:Falling Channel
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Advanced TA Search

Archive
- 4/5/2024 -
Sign In to see current Signals.

FIserv Inc. (FISV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorRelative Strength Index and Williams' Percentage Range are overboughtLane's Stochastic is strongly overboughtStochastic has declined below the signal lineBroken trend resistance lineBroken trend resistance line
Daily :Stochastic has declined below the signal lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARBullish Harami Candlestick
Move cursor over the icon to see details.

It was the negative week for the FIserv Inc. (FISV). During the week, the FISV dropped -2.44 points, or -1.53%, and closed at 157.38 on Friday, April 5, 2024. Weekly volume was -31% below average.

FISV is a member of Information Technology Sector. Information Technology is the second 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 FISV long-term trend chart]
A long-term uptrend had started on June 16, 2022 at 87.03 and reached 159.99 on March 28, 2024. FISV gained -72.96 points, or -83.83%, in 93 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (130.48) 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 FISV medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 91.55 and reached 159.99 on March 28, 2024. FISV gained -68.44 points, or -74.76%, in 76 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (131.26) 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 FISV weekly technical indicators chart]
Weekly Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See FISV short-term trend chart]
A short-term uptrend had started on January 3, 2024 at 131.41 and reached 159.99 on March 28, 2024. FISV gained -28.58 points, or -21.75%, in 85 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 154.90 and resistance is at 161.96. 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 short-term trend.

Daily Technical Indicators: [See FISV daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

Candlestick pattern: [See FISV candlestick chart pattern]
On Friday the chart has formed a Bullish Harami Candlestick pattern. A Bullish Harami indicates that the bearish trend may be reversing, it signals that it's a good time to enter into a long position. Use the Technical Stock Screener to see the list of stocks that had a Bullish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.88
Williams' Percentage Range (W%R) 35.00
Lane's Stochastic (%D-Slow) 51.49
Greed/Fear Indicator (GFI) 62.79
Moving Average Converg./Diverg. (MACD) 2.76
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 84.72
Overbought
Williams' Percentage Range (W%R) 10.20
Overbought
Lane's Stochastic (%D-Slow) 92.89
Strong Overbought
Greed/Fear Indicator (GFI) 83.66
Overbought
Moving Average Converg./Diverg. (MACD) 7.71
Trading Signals
Description Value Chart
Monthly Trendline Resistance 163.03
Weekly Trendline Resistance 161.96
Upper Bollinger Band 161.91
Parabolic System 160.04
Weekly Stochastic Crossing 158.79
Price 157.38
Daily Stochastic Crossing 157.06
20 Day Moving Average 154.91
Weekly Trendline Support 154.90
Monthly Trendline Support 154.50
50 Day Moving Average 149.78
Lower Bollinger Band 148.12
Quarterly Trendline Resistance 145.02
Yearly Trendline Resistance 137.78
Quarterly Trendline Support 131.26
Yearly Trendline Support 130.48
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Data Processing & Outsourced Services 66
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 159.99
High Date 03/28/2024
Low 154.77
Low Date 04/04/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 161.96
Support 154.90
Low 131.41
Low Date 01/03/2024
High 159.99
High Date 03/28/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 163.03
Support 154.50
Low 118.42
Low Date 11/09/2023
High 159.99
High Date 03/28/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 145.02
Support 131.26
Low 91.55
Low Date 10/13/2022
High 159.99
High Date 03/28/2024
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 137.78
Support 130.48
Low 87.03
Low Date 06/16/2022
High 159.99
High Date 03/28/2024
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.