The Greedy Trader Weekly Analysis
Sign In 9/3/2010
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Number of records: 14
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Uptrend Support
Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.
Technical analysis of stock trend chart following long term trend analysis and trend following indicator for uptrend support trend trading. Technical analysis of stock trend and uptrend support trend trading.
trend trading,trend following,stock trend chart,technical analysis of stock trend,trend following indicator,following long term trend,uptrend support
Ameren Corporation
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Summary:
Weekly :Overbought sectorOverbought industryWilliams' Percentage Range and Lane's Stochastic are overboughtTrend resistance at 28.16
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week for the Ameren Corporation (AEE). During the week, the AEE gained 1.13 points, or 4.16%, and closed at 28.27 on Friday, August 27, 2010. Weekly volume was 57% above average.

AEE is a member of Utilities Sector. Utilities is the most overbought sector. AEE is a member of Diversified Utilities Industry. Diversified Utilities is the ninth most overbought industry. 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 AEE long-term trend chart]
A long-term uptrend had started on March 12, 2009 at 19.51 and reached 28.67 on December 28, 2009. AEE gained -9.16 points, or -46.95%, in 41 weeks. Price is near the trend high.

Medium-term trend: [See AEE medium-term trend chart]
A medium-term uptrend had started on May 6, 2010 at 23.09 and reached 28.52 on August 17, 2010. AEE gained -5.43 points, or -23.52%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (28.16). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Relative Strength Index (RSI):		59.30
William"s Percentage Range (W%R):	11.4
Lane"s Stochastic (%D-Slow):		87.83 Weekly Technical Indicators: [See AEE weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is above its signal line since July 23, 2010. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AEE short-term trend chart]
A short-term downtrend had started on August 17, 2010 at 28.52 and reached 26.62 on August 20, 2010. AEE lost 1.90 points, or 6.66%, in 3 days. The price is now at the 86.84% retracement level.

Relative Strength Index (RSI):		59.06
William"s Percentage Range (W%R):	21.7
Lane"s Stochastic (%D-Slow):		70.98 Daily Technical Indicators: [See AEE 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.

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) 59.06
Williams' Percentage Range (W%R) 21.70
Lane's Stochastic (%D-Slow) 70.98
Greed/Fear Indicator (GFI) 69.45
Moving Average Converg./Diverg. (MACD) 0.62
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.30
Williams' Percentage Range (W%R) 11.40
Overbought
Lane's Stochastic (%D-Slow) 87.83
Overbought
Greed/Fear Indicator (GFI) 78.57
Moving Average Converg./Diverg. (MACD) -0.08
Trading Signals
Description Value Chart
Upper Bollinger Band 28.53
Price 28.27
Monthly Trendline Resistance 28.16
Weekly Stochastic Crossing 27.93
Daily Stochastic Crossing 27.88
Parabolic System 27.32
20 Day Moving Average 27.31
Lower Bollinger Band 25.88
50 Day Moving Average 25.83
Monthly Trendline Support 23.39
Sector and Industry
Description Name Rank
Sector Utilities 10
Industry Diversified Utilities 155
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 28.52
High Date 08/17/2010
Low 26.62
Low Date 08/20/2010
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 28.52
High Date 08/17/2010
Low 26.62
Low Date 08/20/2010
Description Value
Direction Up
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 28.16
Support 23.39
Low 23.09
Low Date 05/06/2010
High 28.52
High Date 08/17/2010
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 19.51
Low Date 03/12/2009
High 28.67
High Date 12/28/2009
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 19.51
Low Date 03/12/2009
High 28.67
High Date 12/28/2009
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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