The Greedy Trader Weekly Analysis
Sign In Dec 14, 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
- 12/7/2018
Sign In to see current Signals.
iShares Cohen & Steers Realty Majors
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergenceBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergence20 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 iShares Cohen & Steers Realty Majors (ICF). During the week, the ICF climbed 0.71 points, or 0.68%, and closed at 104.78 on Friday, December 07, 2018. Weekly volume was 20% above 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 downtrend resistance line (82.86) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ICF may retest the broken resistance line. It is considered to be a support line now. 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 ICF medium-term trend chart]
A medium-term uptrend had started on February 9, 2018 at 88.40 and reached 106.14 on December 6, 2018. ICF gained -17.74 points, or -20.07%, in 42 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.05 and resistance is at 112.91. 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 November 23, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See ICF short-term trend chart]
A short-term uptrend had started on November 23, 2018 at 101.14 and reached 106.14 on December 6, 2018. ICF gained -5.00 points, or -4.94%, in 13 days. The price is now at the 27.2% retracement level.

Daily Technical Indicators: [See ICF daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence.

The daily MACD line is above its signal line since October 18, 2018. This is an indication that the short-term trend is up.

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) 64.81
Williams' Percentage Range (W%R) 5.30
Strong Overbought
Lane's Stochastic (%D-Slow) 84.04
Overbought
Greed/Fear Indicator (GFI) 81.18
Overbought
Moving Average Converg./Diverg. (MACD) 1.05 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.82
Williams' Percentage Range (W%R) 2.50
Strong Overbought
Lane's Stochastic (%D-Slow) 80.76
Overbought
Greed/Fear Indicator (GFI) 76.64
Moving Average Converg./Diverg. (MACD) 0.79 Bearish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 112.91
Daily Stochastic Crossing 105.26
Upper Bollinger Band 105.18
Price 104.78
Weekly Stochastic Crossing 104.65
20 Day Moving Average 102.80
Parabolic System 101.69
Yearly Trendline Resistance 101.21
Lower Bollinger Band 100.22
50 Day Moving Average 100.08
Quarterly Trendline Support 96.05
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 101.14
Low Date 11/23/2018
High 106.14
High Date 12/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 101.14
Low Date 11/23/2018
High 106.14
High Date 12/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 94.39
Low Date 10/15/2018
High 106.14
High Date 12/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 112.91
Support 96.05
Low 88.40
Low Date 02/09/2018
High 106.14
High Date 12/06/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 101.21
Support 82.86
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.