The Greedy Trader Weekly Analysis
Sign In Sep 21, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   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
iShares Lehman 7-10 Year Treasury
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldA Parabolic SAR indicator is below and near the pricePrice is close to the 50 Day Moving AverageThe price touches the lower Bollinger Band
Move cursor over the icon to see details.

It was the negative week for the iShares Lehman 7-10 Year Treasury (IEF). During the week, the IEF gave back -0.39 points, or -0.38%, and closed at 101.52 on Friday, September 14, 2018. Weekly volume was -6% below average.

Long-term trend: [See IEF long-term trend chart]
A long-term downtrend had started on July 5, 2016 at 113.91 and reached 100.33 on May 17, 2018. IEF lost 13.58 points, or 11.92%, in 97 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 99.61 and resistance is at 104.40. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See IEF medium-term trend chart]
A medium-term uptrend had started on May 17, 2018 at 100.33 and reached 103.20 on May 29, 2018. IEF gained -2.87 points, or -2.86%, in 1 weeks. The price is now at the 58.54% retracement level.

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

The weekly MACD line is above its signal line since May 25, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See IEF short-term trend chart]
A short-term uptrend had started on June 13, 2018 at 101.16 and reached 102.96 on August 22, 2018. IEF gained -1.80 points, or -1.78%, in 70 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 101.22 and resistance is at 103.05. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a short-term trend.

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

The daily MACD line is below its signal line since August 29, 2018.

A Parabolic SAR (stop and reversal) indicator (102.2) comes close to the price (101.52). 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.

The price touches the lower Bollinger Band. 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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) 23.35
Williams' Percentage Range (W%R) 96.70
Strong Oversold
Lane's Stochastic (%D-Slow) 7.04
Strong Oversold
Greed/Fear Indicator (GFI) 11.24
Oversold
Moving Average Converg./Diverg. (MACD) -0.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.81
Williams' Percentage Range (W%R) 58.90
Lane's Stochastic (%D-Slow) 67.56
Greed/Fear Indicator (GFI) 52.40
Moving Average Converg./Diverg. (MACD) -0.42
Trading Signals
Description Value Chart
Yearly Trendline Resistance 104.40
Weekly Trendline Resistance 103.05
Upper Bollinger Band 102.97
Weekly Stochastic Crossing 102.34
20 Day Moving Average 102.32
Parabolic System 102.20
50 Day Moving Average 102.17
Daily Stochastic Crossing 101.52
Price 101.52
Lower Bollinger Band 101.22
Weekly Trendline Support 101.22
Yearly Trendline Support 99.61
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 102.96
High Date 08/22/2018
Low 101.46
Low Date 09/14/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 103.05
Support 101.22
Low 101.16
Low Date 06/13/2018
High 102.96
High Date 08/22/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 100.33
Low Date 05/17/2018
High 103.20
High Date 05/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 108.81
High Date 09/07/2017
Low 100.33
Low Date 05/17/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 104.40
Support 99.61
High 113.91
High Date 07/05/2016
Low 100.33
Low Date 05/17/2018
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.

Copyright© 2004-2016 All rights reserved.