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
VeriSign Inc.
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineBroken trend resistance lineBroken trend resistance line
Daily :Stochastic has declined below the signal lineThe price has fallen below the Parabolic SARBroken trend resistance line
Move cursor over the icon to see details.

It was the negative week for the VeriSign Inc. (VRSN). During the week, the VRSN dropped -2.28 points, or -1.94%, and closed at 114.96 on Friday, December 01, 2017. It was the worst weekly loss since August 4, 2017. Weekly volume was 73% above 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 118.28 on November 28, 2017. VRSN gained -114.36 points, or -2917.35%, in 789 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (35.10) 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 118.28 on November 28, 2017. VRSN gained -102.05 points, or -628.77%, in 470 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (62.21) 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 Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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.

The weekly MACD line is above its signal line since December 30, 2016. This is an indication that the medium-term trend is up. 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 118.28 on November 28, 2017. VRSN gained -44.27 points, or -59.82%, in 454 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (98.96) 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. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since November 10, 2017. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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) 70.69
Williams' Percentage Range (W%R) 28.40
Lane's Stochastic (%D-Slow) 62.44
Greed/Fear Indicator (GFI) 68.24
Moving Average Converg./Diverg. (MACD) 1.94
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.28
Williams' Percentage Range (W%R) 13.00
Overbought
Lane's Stochastic (%D-Slow) 85.70
Overbought
Greed/Fear Indicator (GFI) 78.45
Moving Average Converg./Diverg. (MACD) 5.08
Trading Signals
Description Value Chart
Upper Bollinger Band 119.26
Parabolic System 118.10
Weekly Stochastic Crossing 116.89
Daily Stochastic Crossing 115.91
Price 114.96
20 Day Moving Average 112.96
50 Day Moving Average 109.84
Weekly Trendline Resistance 109.62
Lower Bollinger Band 107.41
Quarterly Trendline Resistance 99.52
Weekly Trendline Support 98.96
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Internet Software & Svcs 71
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 75.71
Low Date 12/30/2016
High 118.28
High Date 11/28/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 109.62
Support 98.96
Low 74.01
Low Date 08/31/2016
High 118.28
High Date 11/28/2017
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 76.13
Support 81.49
Low 70.26
Low Date 02/09/2016
High 118.28
High Date 11/28/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 99.52
Support 62.21
Low 16.23
Low Date 11/21/2008
High 118.28
High Date 11/28/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 62.16
Support 35.10
Low 3.92
Low Date 10/09/2002
High 118.28
High Date 11/28/2017
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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