The Greedy Trader Weekly Analysis
Sign In Sep 21, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 3
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 9/14/2018
Sign In to see current Signals.
iShares Cohen & Steers Realty Majors
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaTrend resistance at 102.31
Daily :The price has risen above the Parabolic SARTrend support at 102.81The price moved above the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was a first positive week for the iShares Cohen & Steers Realty Majors (ICF). During the week, the ICF climbed 0.35 points, or 0.34%, and closed at 102.77 on Friday, September 14, 2018. Weekly volume was -40% below average.

Long-term trend: [See ICF long-term trend chart]
A long-term downtrend had started on July 29, 2016 at 112.45 and reached 88.40 on February 9, 2018. ICF lost 24.05 points, or 21.39%, in 80 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (102.31). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See ICF medium-term trend chart]
A medium-term uptrend had started on February 9, 2018 at 88.40 and reached 104.39 on August 20, 2018. ICF gained -15.99 points, or -18.09%, in 27 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.09 and resistance is at 107.45. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ICF weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. 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 and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 27, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ICF short-term trend chart]
A short-term downtrend had started on August 29, 2018 at 104.00 and reached 101.92 on September 14, 2018. ICF lost 2.08 points, or 2%, in 16 days. The chart has formed a Rising Pennant chart pattern. The price is near the trend support (102.81) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

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

The daily MACD line is below its signal line since August 31, 2018. This is an indication that the short-term trend is down.

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 distance between the Bollinger Bands (2.14%) is close to one year low (2.36%). It is 60.32% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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) 50.91
Williams' Percentage Range (W%R) 35.90
Lane's Stochastic (%D-Slow) 56.96
Greed/Fear Indicator (GFI) 57.31
Moving Average Converg./Diverg. (MACD) 0.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.14
Williams' Percentage Range (W%R) 7.50
Strong Overbought
Lane's Stochastic (%D-Slow) 79.90
Greed/Fear Indicator (GFI) 76.42
Moving Average Converg./Diverg. (MACD) 1.22
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 107.45
Upper Bollinger Band 103.84
Weekly Trendline Resistance 103.78
Weekly Stochastic Crossing 103.13
Daily Stochastic Crossing 103.06
20 Day Moving Average 103.05
Weekly Trendline Support 102.81
Price 102.77
Yearly Trendline Resistance 102.31
Parabolic System 101.87
Lower Bollinger Band 101.65
50 Day Moving Average 101.60
Quarterly Trendline Support 96.09
Yearly Trendline Support 83.95
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 103.81
High Date 09/13/2018
Low 101.92
Low Date 09/14/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Rising Pennant
Status Test Support
Resistance 103.78
Support 102.81
High 104.00
High Date 08/29/2018
Low 101.92
Low Date 09/14/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 98.05
Low Date 07/24/2018
High 104.39
High Date 08/20/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 107.45
Support 96.09
Low 88.40
Low Date 02/09/2018
High 104.39
High Date 08/20/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 102.31
Support 83.95
High 112.45
High Date 07/29/2016
Low 88.40
Low Date 02/09/2018
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.

Copyright© 2004-2016 All rights reserved.