The Greedy Trader Weekly Analysis
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Number of records: 8
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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
Cisco Systems
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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARWilliams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving AverageBroken trend support lineThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Cisco Systems (CSCO). During the week, the CSCO dropped -2.72 points, or -5.92%, and closed at 43.21 on Friday, May 18, 2018. Weekly volume was 38% above average.

CSCO is a member of Technology Sector. Technology is the second 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 CSCO long-term trend chart]
A long-term uptrend had started on September 19, 2008 at 11.78 and reached 46.37 on May 10, 2018. CSCO gained -34.59 points, or -293.63%, in 502 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (25.18) 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 long-term trend.

Medium-term trend: [See CSCO medium-term trend chart]
A medium-term uptrend had started on August 18, 2017 at 30.36 and reached 46.37 on May 10, 2018. CSCO gained -16.01 points, or -52.73%, in 37 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 42.01 and resistance is at 51.14. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since March 29, 2018. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See CSCO short-term trend chart]
A short-term uptrend had started on April 4, 2018 at 40.19 and reached 46.37 on May 10, 2018. CSCO gained -6.18 points, or -15.38%, in 36 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (45.65) 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. CSCO 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 CSCO daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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.

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.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and 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) 42.37
Williams' Percentage Range (W%R) 80.40
Oversold
Lane's Stochastic (%D-Slow) 43.32
Greed/Fear Indicator (GFI) 35.10
Moving Average Converg./Diverg. (MACD) 0.50
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.20
Williams' Percentage Range (W%R) 32.30
Lane's Stochastic (%D-Slow) 75.07
Greed/Fear Indicator (GFI) 64.40
Moving Average Converg./Diverg. (MACD) 2.28
Trading Signals
Description Value Chart
Monthly Trendline Resistance 51.14
Weekly Trendline Resistance 46.94
Upper Bollinger Band 46.47
Parabolic System 46.35
Weekly Trendline Support 45.65
Weekly Stochastic Crossing 44.91
20 Day Moving Average 44.80
Daily Stochastic Crossing 44.19
50 Day Moving Average 43.94
Price 43.21
Lower Bollinger Band 42.78
Monthly Trendline Support 42.01
Sector and Industry
Description Name Rank
Sector Technology 8
Industry Networking & Commun Dvcs 124
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 46.37
High Date 05/10/2018
Low 43.02
Low Date 05/17/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 46.94
Support 45.65
Low 40.19
Low Date 04/04/2018
High 46.37
High Date 05/10/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 51.14
Support 42.01
Low 30.36
Low Date 08/18/2017
High 46.37
High Date 05/10/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.46
Low Date 02/10/2016
High 46.37
High Date 05/10/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 32.02
Support 25.18
Low 11.78
Low Date 09/19/2008
High 46.37
High Date 05/10/2018
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.

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