The Greedy Trader Weekly Analysis
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Expeditors Int'l. (EXPD)

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Summary:
Weekly :Overbought sectorBroken trend support line
Daily :Daily  MACD line has moved above its signal line
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It was the negative week for the Expeditors Int'l. (EXPD). During the week, the EXPD gave back -0.20 points, or -0.22%, and closed at 88.99 on Friday, November 20, 2020. Weekly volume was -24% below average.

EXPD is a member of Industrials Sector. Industrials is the 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 EXPD long-term trend chart]
A long-term uptrend had started on October 10, 2012 at 34.20 and reached 95.37 on October 23, 2020. EXPD gained -61.17 points, or -178.86%, in 419 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 71.50 and resistance is at 94.01. 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 long-term trend.

Medium-term trend: [See EXPD medium-term trend chart]
A medium-term downtrend had started on October 23, 2020 at 95.37 and reached 85.01 on November 3, 2020. EXPD lost 10.36 points, or 10.86%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (89.89) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 EXPD weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 30, 2020. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See EXPD short-term trend chart]
A short-term uptrend had started on November 3, 2020 at 85.01 and reached 93.00 on November 9, 2020. EXPD gained -7.99 points, or -9.40%, in 6 days. The price is now at the 50.19% retracement level.

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

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.71
Williams' Percentage Range (W%R) 47.80
Lane's Stochastic (%D-Slow) 52.50
Greed/Fear Indicator (GFI) 52.13
Moving Average Converg./Diverg. (MACD) -0.53
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.41
Williams' Percentage Range (W%R) 25.30
Lane's Stochastic (%D-Slow) 48.16
Greed/Fear Indicator (GFI) 58.02
Moving Average Converg./Diverg. (MACD) 4.17
Trading Signals
Description Value Chart
Yearly Trendline Resistance 94.01
Upper Bollinger Band 93.58
Weekly Trendline Resistance 91.44
50 Day Moving Average 90.69
Weekly Trendline Support 89.89
Daily Stochastic Crossing 89.56
20 Day Moving Average 89.22
Weekly Stochastic Crossing 89.03
Price 88.99
Parabolic System 86.93
Lower Bollinger Band 85.70
Yearly Trendline Support 71.50
Sector and Industry
Description Name Rank
Sector Industrials 10
Industry Air Freight & Logistics 39
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 85.01
Low Date 11/03/2020
High 93.00
High Date 11/09/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 91.44
Support 89.89
High 95.37
High Date 10/23/2020
Low 85.01
Low Date 11/03/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 52.55
Low Date 03/23/2020
High 95.37
High Date 10/23/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 62.90
Low Date 12/26/2018
High 95.37
High Date 10/23/2020
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 94.01
Support 71.50
Low 34.20
Low Date 10/10/2012
High 95.37
High Date 10/23/2020
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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