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Archive
- 8/27/2010
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Lexmark Int'l Inc
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Summary:
Weekly :Broken trend resistance lineBroken trend support line
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range is oversoldBroken trend support lineThe 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 first negative week for the Lexmark Int'l Inc (LXK). During the week, the LXK dropped -1.11 points, or -2.98%, and closed at 36.15 on Friday, August 27, 2010. Weekly volume was -40% below average.

Long-term trend: [See LXK long-term trend chart]
A long-term uptrend had started on July 31, 2009 at 14.23 and reached 42.14 on April 27, 2010. LXK gained -27.91 points, or -196.13%, in 38 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (44.70) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. LXK may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.

Medium-term trend: [See LXK medium-term trend chart]
A medium-term downtrend had started on April 27, 2010 at 42.14 and reached 31.69 on July 14, 2010. LXK lost 10.45 points, or 24.80%, in 11 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (30.09) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.

Relative Strength Index (RSI):		46.61
William"s Percentage Range (W%R):	60.8
Lane"s Stochastic (%D-Slow):		70.42 Weekly Technical Indicators: [See LXK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since May 14, 2010. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See LXK short-term trend chart]
A short-term uptrend had started on July 14, 2010 at 31.69 and reached 39.38 on August 5, 2010. LXK gained -7.69 points, or -24.27%, in 22 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (44.05) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. LXK may retest the broken support line. It is considered to be a resistance 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 support in a short-term trend.

Relative Strength Index (RSI):		33.29
William"s Percentage Range (W%R):	84.6
Lane"s Stochastic (%D-Slow):		28.10 Daily Technical Indicators: [See LXK daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 daily MACD line is below its signal line since August 12, 2010.

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) 33.29
Williams' Percentage Range (W%R) 84.60
Oversold
Lane's Stochastic (%D-Slow) 28.10
Greed/Fear Indicator (GFI) 25.59
Moving Average Converg./Diverg. (MACD) 0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.61
Williams' Percentage Range (W%R) 60.80
Lane's Stochastic (%D-Slow) 70.42
Greed/Fear Indicator (GFI) 52.09
Moving Average Converg./Diverg. (MACD) 1.71
Trading Signals
Description Value Chart
Upper Bollinger Band 38.70
Parabolic System 37.82
20 Day Moving Average 37.23
Weekly Stochastic Crossing 37.23
Price 36.15
Daily Stochastic Crossing 35.78
50 Day Moving Average 35.75
Monthly Trendline Resistance 34.87
Lower Bollinger Band 34.40
Monthly Trendline Support 30.09
Sector and Industry
Description Name Rank
Sector Technology 7
Industry Computer Peripherals 119
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 38.19
High Date 08/18/2010
Low 35.14
Low Date 08/27/2010
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 46.74
Support 44.05
Low 31.69
Low Date 07/14/2010
High 39.38
High Date 08/05/2010
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 34.87
Support 30.09
High 42.14
High Date 04/27/2010
Low 31.69
Low Date 07/14/2010
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 50.27
Support 44.70
Low 14.23
Low Date 07/31/2009
High 42.14
High Date 04/27/2010
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.23
Low Date 07/31/2009
High 42.14
High Date 04/27/2010
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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