The Greedy Trader Weekly Analysis
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Number of records: 3
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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
Dollar General
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Summary:
Weekly :Broken trend support line
Daily :The price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageMACD bullish divergenceThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Dollar General (DG). During the week, the DG dropped -8.29 points, or -7.47%, and closed at 102.70 on Friday, December 07, 2018. Weekly volume was 106% above average.

Long-term trend: [See DG long-term trend chart]
A long-term uptrend had started on August 30, 2006 at 12.10 and reached 118.45 on November 8, 2018. DG gained -106.35 points, or -878.93%, in 636 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 77.66 and resistance is at 127.48. 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 long-term trend.

Medium-term trend: [See DG medium-term trend chart]
A medium-term uptrend had started on October 11, 2018 at 101.89 and reached 118.45 on November 8, 2018. DG gained -16.56 points, or -16.25%, in 4 weeks. The chart has formed a Falling Pennant chart pattern. The uptrend support line (104.29) is broken. A broken support is considered to be a long-term bearish signal. 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 medium-term trend.

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

The weekly MACD line is below its signal line since November 16, 2018. Use the following link to access a MACD help.

Short-term trend: [See DG short-term trend chart]
A short-term downtrend had started on November 8, 2018 at 118.45 and reached 102.05 on December 4, 2018. DG lost 16.40 points, or 13.85%, in 26 days. Price is near the trend low.

Daily Technical Indicators: [See DG daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish 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 bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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.

The daily MACD line is below its signal line since November 14, 2018. This is an indication that the short-term trend is down.

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. Such crossover is considered a bearish signal. 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) 33.42
Williams' Percentage Range (W%R) 74.40
Lane's Stochastic (%D-Slow) 46.26
Greed/Fear Indicator (GFI) 35.10
Moving Average Converg./Diverg. (MACD) -0.58 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.13
Williams' Percentage Range (W%R) 55.20
Lane's Stochastic (%D-Slow) 57.96
Greed/Fear Indicator (GFI) 49.35
Moving Average Converg./Diverg. (MACD) 3.81
Trading Signals
Description Value Chart
Upper Bollinger Band 117.38
Parabolic System 112.82
Weekly Trendline Resistance 112.16
Weekly Stochastic Crossing 110.09
20 Day Moving Average 110.09
50 Day Moving Average 109.45
Daily Stochastic Crossing 106.24
Weekly Trendline Support 104.29
Price 102.70
Lower Bollinger Band 100.49
Sector and Industry
Description Name Rank
Sector Services 6
Industry Discount Variety Stores 93
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 118.45
High Date 11/08/2018
Low 102.05
Low Date 12/04/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Falling Pennant
Status Broken Support
Resistance 112.16
Support 104.29
Low 101.89
Low Date 10/11/2018
High 118.45
High Date 11/08/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.54
Low Date 03/09/2018
High 118.45
High Date 11/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.97
Low Date 06/16/2017
High 118.45
High Date 11/08/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 127.48
Support 77.66
Low 12.10
Low Date 08/30/2006
High 118.45
High Date 11/08/2018
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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