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
VeriSign Inc.
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtBroken trend resistance lineBroken trend resistance line
Daily :Broken trend resistance lineStochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week for the VeriSign Inc. (VRSN). During the week, the VRSN gained 4.49 points, or 3.27%, and closed at 141.91 on Friday, July 06, 2018. Weekly volume was -54% 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 145.57 on June 18, 2018. VRSN gained -141.65 points, or -3613.52%, in 818 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (36.27) 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 145.57 on June 18, 2018. VRSN gained -129.34 points, or -796.92%, in 499 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (65.33) 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. 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 May 11, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 145.57 on June 18, 2018. VRSN gained -71.56 points, or -96.69%, in 656 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (119.33) 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 signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since June 21, 2018. The distance between MACD and the signal line is low and getting smaller.

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) 49.27
Williams' Percentage Range (W%R) 45.50
Lane's Stochastic (%D-Slow) 63.99
Greed/Fear Indicator (GFI) 55.93
Moving Average Converg./Diverg. (MACD) 2.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.44
Williams' Percentage Range (W%R) 13.40
Overbought
Lane's Stochastic (%D-Slow) 87.60
Overbought
Greed/Fear Indicator (GFI) 79.54
Moving Average Converg./Diverg. (MACD) 5.78
Trading Signals
Description Value Chart
Upper Bollinger Band 143.18
Weekly Stochastic Crossing 142.28
Price 141.91
Daily Stochastic Crossing 140.55
20 Day Moving Average 139.65
Parabolic System 135.14
Lower Bollinger Band 133.00
50 Day Moving Average 131.80
Weekly Trendline Resistance 130.18
Weekly Trendline Support 119.33
Sector and Industry
Description Name Rank
Sector Technology 7
Industry Internet Software & Svcs 113
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 105.40
Low Date 02/09/2018
High 145.57
High Date 06/18/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 130.18
Support 119.33
Low 74.01
Low Date 08/31/2016
High 145.57
High Date 06/18/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.26
Low Date 02/09/2016
High 145.57
High Date 06/18/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 105.09
Support 65.33
Low 16.23
Low Date 11/21/2008
High 145.57
High Date 06/18/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 63.33
Support 36.27
Low 3.92
Low Date 10/09/2002
High 145.57
High Date 06/18/2018
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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