The Greedy Trader Weekly Analysis
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Quarterly Pattern:Falling Channel
Number of records: 8
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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.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
Kinder Morgan Inc
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Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Kinder Morgan Inc (KMI). During the week, the KMI dropped -0.44 points, or -2.67%, and closed at 16.07 on Friday, May 18, 2018. Weekly volume was -11% below average.

Long-term trend: [See KMI long-term trend chart]
A long-term downtrend had started on October 3, 2016 at 23.36 and reached 14.69 on April 3, 2018. KMI lost 8.67 points, or 37.11%, in 78 weeks. The price is now at the 15.92% retracement level.

Medium-term trend: [See KMI medium-term trend chart]
A medium-term uptrend had started on April 3, 2018 at 14.69 and reached 16.98 on April 19, 2018. KMI gained -2.29 points, or -15.59%, in 2 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (16.20) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.

Weekly Technical Indicators: [See KMI weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 4, 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 KMI short-term trend chart]
A short-term uptrend had started on May 3, 2018 at 15.69 and reached 16.70 on May 14, 2018. KMI gained -1.01 points, or -6.44%, in 11 days. The chart has formed a Rising Wedge chart pattern.

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

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.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.32
Williams' Percentage Range (W%R) 40.60
Lane's Stochastic (%D-Slow) 56.76
Greed/Fear Indicator (GFI) 57.16
Moving Average Converg./Diverg. (MACD) 0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.97
Williams' Percentage Range (W%R) 68.90
Lane's Stochastic (%D-Slow) 62.97
Greed/Fear Indicator (GFI) 47.17
Moving Average Converg./Diverg. (MACD) -0.73
Trading Signals
Description Value Chart
Weekly Trendline Resistance 16.99
Parabolic System 16.72
Upper Bollinger Band 16.65
Daily Stochastic Crossing 16.34
20 Day Moving Average 16.23
Weekly Stochastic Crossing 16.21
Weekly Trendline Support 16.20
Price 16.07
50 Day Moving Average 15.89
Lower Bollinger Band 15.75
Sector and Industry
Description Name Rank
Sector Utilities 7
Industry Gas Utilities 129
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 15.69
Low Date 05/03/2018
High 16.70
High Date 05/14/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 16.99
Support 16.20
Low 14.69
Low Date 04/03/2018
High 16.98
High Date 04/19/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 17.65
High Date 02/15/2018
Low 14.69
Low Date 04/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 23.36
High Date 10/03/2016
Low 14.69
Low Date 04/03/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 44.71
High Date 04/24/2015
Low 11.20
Low Date 01/20/2016
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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