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
VeriSign Inc.
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Summary:
Weekly :Lane's Stochastic is overboughtBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageBroken trend resistance lineThe 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 VeriSign Inc. (VRSN). During the week, the VRSN dropped -5.99 points, or -3.74%, and closed at 154.13 on Friday, October 05, 2018. It was the worst weekly loss since April 27, 2018. Weekly volume was -34% below average.

Long-term trend: [See VRSN long-term trend chart]
A long-term uptrend had started on October 9, 2002 at 3.92 and reached 164.19 on September 18, 2018. VRSN gained -160.27 points, or -4088.52%, in 831 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (36.78) 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 VRSN medium-term trend chart]
A medium-term uptrend had started on November 21, 2008 at 16.23 and reached 164.19 on September 18, 2018. VRSN gained -147.96 points, or -911.65%, in 512 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (66.67) 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 VRSN weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since May 11, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See VRSN short-term trend chart]
A short-term uptrend had started on August 31, 2016 at 74.01 and reached 164.19 on September 18, 2018. VRSN gained -90.18 points, or -121.85%, in 748 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (125.94) 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 VRSN daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since September 18, 2018.

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) 30.35
Williams' Percentage Range (W%R) 76.10
Lane's Stochastic (%D-Slow) 20.74
Greed/Fear Indicator (GFI) 24.99
Moving Average Converg./Diverg. (MACD) 0.93
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.74
Williams' Percentage Range (W%R) 22.40
Lane's Stochastic (%D-Slow) 80.14
Overbought
Greed/Fear Indicator (GFI) 70.82
Moving Average Converg./Diverg. (MACD) 9.68
Trading Signals
Description Value Chart
Upper Bollinger Band 162.85
Weekly Stochastic Crossing 160.98
Parabolic System 160.94
20 Day Moving Average 159.79
50 Day Moving Average 156.10
Price 154.13
Daily Stochastic Crossing 154.07
Lower Bollinger Band 153.60
Weekly Trendline Resistance 136.79
Weekly Trendline Support 125.94
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Internet Software & Svcs 78
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 105.40
Low Date 02/09/2018
High 164.19
High Date 09/18/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 136.79
Support 125.94
Low 74.01
Low Date 08/31/2016
High 164.19
High Date 09/18/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.26
Low Date 02/09/2016
High 164.19
High Date 09/18/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 107.50
Support 66.67
Low 16.23
Low Date 11/21/2008
High 164.19
High Date 09/18/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 63.83
Support 36.78
Low 3.92
Low Date 10/09/2002
High 164.19
High Date 09/18/2018
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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