The Greedy Trader Weekly Analysis
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Yearly Pattern:Ascending Triangle
Number of records: 2
Symbol:  

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Chart Analysis and Chart Pattern Recognition – Ascending Triangle Pattern
The ascending triangle pattern is a variation of symmetrical triangle formation that has a flat resistance line and a rising support line. The higher lows indicate the increasing demand and give the ascending triangle definitive bullish bias. The ascending triangle usually represents an accumulation stage in bullish market. The ascending triangle is considered as a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Volume usually increases on a breakout move. After breakout (similar to rectangle), resistance may turn into potential support and vice versa.
Ascending Triangle Screening page presents a list of stocks forming an Ascending Triangle Pattern.
Tips:
# 1As a continuation pattern, an ascending triangle usually appears within a young trend, characterized by neutral long-term indicators and overbought short-term indicators. An ascending triangle resets short-term indicators to neutral and then continues the movement in parent's direction.
# 2 As a reversal formation, an ascending triangle appears in a mature downtrend, characterized by oversold short-term and long-term indicators. This situation usually generates bullish divergence on long-term indicators.
# 3 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
Ascending Triangle Pattern,Ascending Triangle,Ascending Triangle Chart Pattern,Trend Support, chart pattern, chart, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading
Kohl's Corp.
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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
Move cursor over the icon to see details.

It was a third consecutive positive week for the Kohl's Corp. (KSS). During the week, the KSS gained 5.07 points, or 6.59%, and closed at 81.97 on Friday, November 09, 2018. It was the best weekly gain since June 8, 2018. Weekly volume was -23% below average.

KSS is a member of Services Sector. Services 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 KSS long-term trend chart]
A long-term uptrend had started on June 6, 2017 at 35.16 and reached 82.99 on November 9, 2018. KSS gained -47.83 points, or -136.04%, in 74 weeks. Price is near the trend high.

Medium-term trend: [See KSS medium-term trend chart]
A medium-term uptrend had started on October 18, 2018 at 70.12 and reached 82.99 on November 9, 2018. KSS gained -12.87 points, or -18.35%, in 3 weeks. The price is now at the 7.93% retracement level.

Weekly Technical Indicators: [See KSS 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. 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since September 21, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See KSS short-term trend chart]
A short-term uptrend had started on November 1, 2018 at 74.67 and reached 82.99 on November 9, 2018. KSS gained -8.32 points, or -11.14%, in 8 days. The price is now at the 12.26% retracement level.

Daily Technical Indicators: [See KSS daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.25
Williams' Percentage Range (W%R) 8.50
Strong Overbought
Lane's Stochastic (%D-Slow) 93.19
Strong Overbought
Greed/Fear Indicator (GFI) 86.99
Overbought
Moving Average Converg./Diverg. (MACD) 0.88
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.57
Williams' Percentage Range (W%R) 7.40
Strong Overbought
Lane's Stochastic (%D-Slow) 36.56
Greed/Fear Indicator (GFI) 61.50
Moving Average Converg./Diverg. (MACD) 3.35
Trading Signals
Description Value Chart
Upper Bollinger Band 84.18
Daily Stochastic Crossing 82.32
Price 81.97
Parabolic System 78.99
50 Day Moving Average 76.17
Weekly Stochastic Crossing 75.72
20 Day Moving Average 75.58
Lower Bollinger Band 69.70
Sector and Industry
Description Name Rank
Sector Services 8
Industry Department Stores 121
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 74.67
Low Date 11/01/2018
High 82.99
High Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.67
Low Date 11/01/2018
High 82.99
High Date 11/09/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.12
Low Date 10/18/2018
High 82.99
High Date 11/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 35.16
Low Date 06/06/2017
High 82.99
High Date 11/09/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 33.87
Low Date 05/12/2016
High 82.99
High Date 11/09/2018
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.

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