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Yearly Pattern:Symmetric Triangle
Number of records: 6
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Symmetric Triangle Chart Pattern Analysis - Symmetric Triangle Pattern.
A symmetric triangle pattern represents the area of indecision where the movement direction is questioned. Chart Pattern Analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of a larger trend, but it may also mark the trend reversal. Volume diminishes during the formation and explodes at the breakout. After breakout (similar to rectangle), support may turn into potential resistance and vice versa.
Tips:
# 1 As a continuation pattern, the symmetric triangle usually appears within a young trend characterized by neutral long-term indicators and overbought/oversold short-term indicators. The symmetric triangle resets short-term indicators to neutral and then continues movement in parent's direction.
# 2 As a reversal formation, the symmetric triangle chart pattern appears in a mature trend characterized by overbought/oversold long-term and short-term indicators. This situation usually generates divergence on long-term indicators. For the best results, the symmetric triangle pattern should be considered together with other chart pattern analysis, technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
Symmetric Triangle Pattern,Symmetric Triangle Chart Pattern,Chart Pattern Analysis,chart pattern, charts, pattern, chart analysis, pattern recognition, screener, screening, Trading Signals
Kansas City Southern
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Summary:
Weekly :Overbought sector
Daily :A Parabolic SAR indicator is below and near the pricePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Kansas City Southern (KSU). During the week, the KSU climbed 0.82 points, or 0.76%, and closed at 109.25 on Friday, June 08, 2018. KSU was trading at average weekly trading volume.

KSU 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 KSU long-term trend chart]
A long-term uptrend had started on January 21, 2016 at 62.20 and reached 114.91 on April 23, 2018. KSU gained -52.71 points, or -84.74%, in 117 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 105.22 and resistance is at 117.62. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See KSU medium-term trend chart]
A medium-term uptrend had started on January 4, 2017 at 79.05 and reached 114.91 on April 23, 2018. KSU gained -35.86 points, or -45.36%, in 67 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 106.01 and resistance is at 114.93. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since February 2, 2018. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See KSU short-term trend chart]
A short-term downtrend had started on May 25, 2018 at 112.87 and reached 104.46 on June 5, 2018. KSU lost 8.41 points, or 7.45%, in 11 days. The price is now at the 56.96% retracement level.

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

The daily MACD line is below its signal line since May 31, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

A Parabolic SAR (stop and reversal) indicator (110.2) comes close to the price (109.25). It indicates that the trend is getting weaker. 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 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.

During the last week, the price 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) 50.64
Williams' Percentage Range (W%R) 63.60
Lane's Stochastic (%D-Slow) 32.20
Greed/Fear Indicator (GFI) 39.74
Moving Average Converg./Diverg. (MACD) -0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.13
Williams' Percentage Range (W%R) 47.90
Lane's Stochastic (%D-Slow) 42.67
Greed/Fear Indicator (GFI) 48.88
Moving Average Converg./Diverg. (MACD) 1.07
Trading Signals
Description Value Chart
Yearly Trendline Resistance 117.62
Quarterly Trendline Resistance 114.93
Monthly Trendline Resistance 114.61
Upper Bollinger Band 111.65
Parabolic System 110.20
Price 109.25
50 Day Moving Average 109.10
Monthly Trendline Support 108.99
20 Day Moving Average 108.89
Weekly Stochastic Crossing 108.89
Daily Stochastic Crossing 107.14
Quarterly Trendline Support 106.01
Lower Bollinger Band 105.49
Yearly Trendline Support 105.22
Sector and Industry
Description Name Rank
Sector Services 8
Industry Railroads 137
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 104.46
Low Date 06/05/2018
High 110.61
High Date 06/08/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 112.87
High Date 05/25/2018
Low 104.46
Low Date 06/05/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 114.61
Support 108.99
Low 104.43
Low Date 05/03/2018
High 112.87
High Date 05/25/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Valid
Resistance 114.93
Support 106.01
Low 79.05
Low Date 01/04/2017
High 114.91
High Date 04/23/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 117.62
Support 105.22
Low 62.20
Low Date 01/21/2016
High 114.91
High Date 04/23/2018
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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