The Greedy Trader Weekly Analysis
Sign In Feb 16, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Genuine Parts
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance line
Daily :Lane's Stochastic is oversoldThe price has risen above the Parabolic SARBroken trend support line
Move cursor over the icon to see details.

It was the negative week for the Genuine Parts (GPC). During the week, the GPC dropped -5.14 points, or -5.03%, and closed at 97.05 on Friday, February 09, 2018. Weekly volume was 52% above average.

GPC is a member of Services Sector. Services 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 GPC long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 24.93 and reached 109.00 on December 29, 2014. GPC gained -84.07 points, or -337.22%, in 303 weeks. The chart has formed a Rising Pennant chart pattern. The trend support level is at 92.06 and resistance is at 102.84. A Rising Pennant chart pattern represents a brief pause after a sharp move in a dynamic market. It is considered one of the most reliable continuation patterns.Use the following link to access a Rising Pennant chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Pennant pattern in a long-term trend.

Medium-term trend: [See GPC medium-term trend chart]
A medium-term downtrend had started on July 12, 2016 at 105.97 and reached 79.86 on August 15, 2017. GPC lost 26.11 points, or 24.64%, in 57 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (76.00) 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.

Weekly Technical Indicators: [See GPC weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 Lane's Stochastic help.

The weekly MACD line is above its signal line since September 15, 2017. Use the following link to access a MACD help.

Short-term trend: [See GPC short-term trend chart]
A short-term uptrend had started on November 16, 2017 at 84.71 and reached 107.75 on January 29, 2018. GPC gained -23.04 points, or -27.20%, in 74 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (104.69) 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. GPC 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.

Daily Technical Indicators: [See GPC daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.

The daily MACD line is below its signal line since January 30, 2018. The distance between MACD and the signal line is near its high and getting bigger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.03
Williams' Percentage Range (W%R) 71.20
Lane's Stochastic (%D-Slow) 16.25
Oversold
Greed/Fear Indicator (GFI) 24.69
Moving Average Converg./Diverg. (MACD) 1.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.29
Williams' Percentage Range (W%R) 46.10
Lane's Stochastic (%D-Slow) 83.12
Overbought
Greed/Fear Indicator (GFI) 66.12
Moving Average Converg./Diverg. (MACD) 1.90
Trading Signals
Description Value Chart
Weekly Trendline Resistance 111.05
Monthly Trendline Resistance 108.94
Upper Bollinger Band 107.07
Weekly Trendline Support 104.69
Weekly Stochastic Crossing 104.43
20 Day Moving Average 103.00
Yearly Trendline Resistance 102.84
Parabolic System 100.76
50 Day Moving Average 98.17
Price 97.05
Daily Stochastic Crossing 95.47
Lower Bollinger Band 94.82
Quarterly Trendline Resistance 92.35
Yearly Trendline Support 92.06
Monthly Trendline Support 88.90
Sector and Industry
Description Name Rank
Sector Services 9
Industry Auto Parts Wholesale 142
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 107.75
High Date 01/29/2018
Low 92.82
Low Date 02/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 111.05
Support 104.69
Low 84.71
Low Date 11/16/2017
High 107.75
High Date 01/29/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 108.94
Support 88.90
Low 79.86
Low Date 08/15/2017
High 107.75
High Date 01/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 92.35
Support 76.00
High 105.97
High Date 07/12/2016
Low 79.86
Low Date 08/15/2017
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Valid
Resistance 102.84
Support 92.06
Low 24.93
Low Date 03/09/2009
High 109.00
High Date 12/29/2014
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.

Copyright© 2004-2016 All rights reserved.