The Greedy Trader Weekly Analysis
Sign In Apr 26, 2024
Skip Navigation Links
TA Search
Share
Yearly Pattern:Rising Channel
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• 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
- 4/19/2024 -
Sign In to see current Signals.

Fortinet (FTNT) Technical Analysis
Subscribe to TheGreedyTrader Weekly Alerts
Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.57
Williams' Percentage Range (W%R) 91.90
Strong Oversold
Lane's Stochastic (%D-Slow) 4.89
Strong Oversold
Greed/Fear Indicator (GFI) 16.20
Oversold
Moving Average Converg./Diverg. (MACD) -0.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.42
Williams' Percentage Range (W%R) 43.50
Lane's Stochastic (%D-Slow) 51.15
Greed/Fear Indicator (GFI) 51.84
Moving Average Converg./Diverg. (MACD) 1.93
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 73.45
Upper Bollinger Band 71.11
Quarterly Trendline Support 69.51
Parabolic System 69.09
50 Day Moving Average 68.53
Weekly Stochastic Crossing 68.27
20 Day Moving Average 67.40
Price 63.40
Daily Stochastic Crossing 63.26
Lower Bollinger Band 62.65
Sector and Industry
Description Name Rank
Sector Information Technology 5
Industry Systems Software 48
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 73.63
High Date 04/04/2024
Low 62.92
Low Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 73.63
High Date 04/04/2024
Low 62.92
Low Date 04/19/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 73.63
High Date 04/04/2024
Low 62.92
Low Date 04/19/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Ascending Triangle
Status Broken Support
Resistance 73.45
Support 69.51
High 73.91
High Date 02/07/2024
Low 61.00
Low Date 02/21/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 44.15
Low Date 11/03/2023
High 73.91
High Date 02/07/2024
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.
•  Home •  Weekly Pick •  Performance • Watch List • Disclaimer •  Privacy Policy •  Terms •  Q&A •  Trend • Free Content •  Glossary •  Links •  Books • 
•   Market Indices •  Oversold Stocks •  Overbought Stocks •  ETFs •  TA Search • Stocks Trend Alerts • Site Map •  Candlesticks •  Sectors •  Industries • Lookup •