The Greedy Trader Weekly Analysis
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Number of records: 2
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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
Deere & Co.
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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtMACD bearish divergenceDaily  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 Deere & Co. (DE). During the week, the DE gained 6.07 points, or 4.04%, and closed at 156.40 on Friday, October 05, 2018. It was the best weekly gain since May 18, 2018. Weekly volume was 10% above average.

Long-term trend: [See DE long-term trend chart]
A long-term uptrend had started on October 8, 1998 at 13.78 and reached 175.26 on February 16, 2018. DE gained -161.48 points, or -1171.84%, in 1010 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend resistance line (81.49) 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 DE medium-term trend chart]
A medium-term downtrend had started on February 16, 2018 at 175.26 and reached 131.26 on May 3, 2018. DE lost 44.00 points, or 25.11%, in 10 weeks. The chart has formed a Ascending Triangle chart pattern. The downtrend resistance line (132.81) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DE may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See DE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 September 7, 2018. Use the following link to access a MACD help.

Short-term trend: [See DE short-term trend chart]
A short-term uptrend had started on August 17, 2018 at 132.32 and reached 159.30 on October 4, 2018. DE gained -26.98 points, or -20.39%, in 48 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 153.25 and resistance is at 165.43. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See DE 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 MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD 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 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) 67.76
Williams' Percentage Range (W%R) 6.30
Strong Overbought
Lane's Stochastic (%D-Slow) 68.83
Greed/Fear Indicator (GFI) 76.77
Moving Average Converg./Diverg. (MACD) 2.51 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.89
Williams' Percentage Range (W%R) 9.90
Strong Overbought
Lane's Stochastic (%D-Slow) 84.17
Overbought
Greed/Fear Indicator (GFI) 77.18
Moving Average Converg./Diverg. (MACD) -0.68
Trading Signals
Description Value Chart
Weekly Trendline Resistance 165.43
Upper Bollinger Band 158.02
Daily Stochastic Crossing 157.52
Price 156.40
Weekly Stochastic Crossing 155.58
Weekly Trendline Support 153.25
20 Day Moving Average 151.71
Parabolic System 151.42
50 Day Moving Average 146.09
Lower Bollinger Band 145.35
Monthly Trendline Resistance 140.59
Monthly Trendline Support 132.81
Sector and Industry
Description Name Rank
Sector Industrial Goods 7
Industry Farm/Construction Machnry 147
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 149.70
Low Date 09/24/2018
High 159.30
High Date 10/04/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 165.43
Support 153.25
Low 132.32
Low Date 08/17/2018
High 159.30
High Date 10/04/2018
Description Value
Direction Down
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 140.59
Support 132.81
High 175.26
High Date 02/16/2018
Low 131.26
Low Date 05/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.16
Low Date 01/20/2016
High 175.26
High Date 02/16/2018
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 100.52
Support 81.49
Low 13.78
Low Date 10/08/1998
High 175.26
High Date 02/16/2018
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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