The Greedy Trader Weekly Analysis
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Number of records: 15
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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
CB Richard Ellis Group
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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtRelative Strength Index and Lane's Stochastic bearish divergenceDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
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It was a fifth consecutive positive week for the CB Richard Ellis Group (CBG). During the week, the CBG climbed 0.36 points, or 0.84%, and closed at 43.19 on Friday, December 01, 2017. Weekly volume was 31% above average.

CBG is a member of Financial Sector. Financial 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 CBG long-term trend chart]
A long-term uptrend had started on February 8, 2016 at 22.74 and reached 43.55 on November 30, 2017. CBG gained -20.81 points, or -91.51%, in 94 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (29.23) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 long-term trend.

Medium-term trend: [See CBG medium-term trend chart]
A medium-term uptrend had started on November 2, 2016 at 25.40 and reached 43.55 on November 30, 2017. CBG gained -18.15 points, or -71.46%, in 56 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 43.38 and resistance is at 42.47. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CBG weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 29, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See CBG short-term trend chart]
A short-term uptrend had started on August 18, 2017 at 34.38 and reached 43.55 on November 30, 2017. CBG gained -9.17 points, or -26.67%, in 104 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (42.09) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 CBG daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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) 71.84
Bearish
Williams' Percentage Range (W%R) 1.90
Strong Overbought
Lane's Stochastic (%D-Slow) 68.45
Bearish
Greed/Fear Indicator (GFI) 79.47
Moving Average Converg./Diverg. (MACD) 0.92
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 90.07
Strong Overbought
Williams' Percentage Range (W%R) 0.90
Strong Overbought
Lane's Stochastic (%D-Slow) 90.56
Strong Overbought
Greed/Fear Indicator (GFI) 87.87
Overbought
Moving Average Converg./Diverg. (MACD) 1.43
Trading Signals
Description Value Chart
Upper Bollinger Band 43.99
Parabolic System 43.59
Monthly Trendline Support 43.38
Weekly Stochastic Crossing 43.21
Price 43.19
Daily Stochastic Crossing 43.05
Weekly Trendline Resistance 42.96
Monthly Trendline Resistance 42.47
20 Day Moving Average 42.17
Weekly Trendline Support 42.09
50 Day Moving Average 40.23
Lower Bollinger Band 40.13
Sector and Industry
Description Name Rank
Sector Financial 9
Industry Property Management 97
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 38.77
Low Date 10/25/2017
High 43.55
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 42.96
Support 42.09
Low 34.38
Low Date 08/18/2017
High 43.55
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 42.47
Support 43.38
Low 25.40
Low Date 11/02/2016
High 43.55
High Date 11/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 27.14
Support 29.23
Low 22.74
Low Date 02/08/2016
High 43.55
High Date 11/30/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 39.77
High Date 04/29/2015
Low 22.74
Low Date 02/08/2016
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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