The Greedy Trader Weekly Analysis
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Number of records: 13
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Uptrend Exhaustion
Uptrend Exhaustion 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 Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
Avery Dennison Corp.
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Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtOversold sectorBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineBroken trend resistance line
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Avery Dennison Corp. (AVY). During the week, the AVY climbed 1.10 points, or 0.98%, and closed at 113.73 on Friday, December 08, 2017. Weekly volume was 27% above average.

AVY is a member of Consumer Goods Sector. Consumer Goods is the second most oversold 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 AVY long-term trend chart]
A long-term uptrend had started on October 4, 2011 at 23.52 and reached 114.80 on November 30, 2017. AVY gained -91.28 points, or -388.10%, in 321 weeks. Price is near the trend high.

Medium-term trend: [See AVY medium-term trend chart]
A medium-term uptrend had started on October 28, 2016 at 68.55 and reached 114.80 on November 30, 2017. AVY gained -46.25 points, or -67.47%, in 56 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (103.93) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See AVY weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since January 27, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See AVY short-term trend chart]
A short-term uptrend had started on July 26, 2017 at 91.00 and reached 114.80 on November 30, 2017. AVY gained -23.80 points, or -26.15%, in 127 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (103.53) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line in a short-term trend.

Daily Technical Indicators: [See AVY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.65
Williams' Percentage Range (W%R) 23.70
Lane's Stochastic (%D-Slow) 46.17
Greed/Fear Indicator (GFI) 64.04
Moving Average Converg./Diverg. (MACD) 2.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.97
Williams' Percentage Range (W%R) 10.00
Overbought
Lane's Stochastic (%D-Slow) 91.02
Strong Overbought
Greed/Fear Indicator (GFI) 82.86
Overbought
Moving Average Converg./Diverg. (MACD) 5.51
Trading Signals
Description Value Chart
Upper Bollinger Band 115.26
Price 113.73
Weekly Stochastic Crossing 113.39
Daily Stochastic Crossing 112.90
Parabolic System 112.06
Monthly Trendline Resistance 110.92
20 Day Moving Average 110.74
Lower Bollinger Band 106.01
50 Day Moving Average 105.91
Weekly Trendline Resistance 105.69
Monthly Trendline Support 103.93
Weekly Trendline Support 103.53
Sector and Industry
Description Name Rank
Sector Consumer Goods 2
Industry Paper & Paper Products 85
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 104.51
Low Date 11/13/2017
High 114.80
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 105.69
Support 103.53
Low 91.00
Low Date 07/26/2017
High 114.80
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 110.92
Support 103.93
Low 68.55
Low Date 10/28/2016
High 114.80
High Date 11/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 23.52
Low Date 10/04/2011
High 114.80
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.02
Low Date 03/09/2009
High 114.80
High Date 11/30/2017
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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