The Greedy Trader Weekly Analysis
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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
SPDR Homebuilders
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Summary:
Weekly :Lane's Stochastic is oversold
Daily :Lane's Stochastic is overboughtPrice is near the Fibonacci 23.6% retracement levelThe 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 SPDR Homebuilders (XHB). During the week, the XHB gave back -0.31 points, or -0.89%, and closed at 34.65 on Friday, November 09, 2018. Weekly volume was 6% above average.

Long-term trend: [See XHB long-term trend chart]
A long-term downtrend had started on January 24, 2018 at 47.20 and reached 31.82 on October 29, 2018. XHB lost 15.38 points, or 32.58%, in 39 weeks. The price is now at the 18.40% retracement level.

Medium-term trend: [See XHB medium-term trend chart]
A medium-term downtrend had started on August 27, 2018 at 40.91 and reached 31.82 on October 29, 2018. XHB lost 9.09 points, or 22.22%, in 9 weeks. The price is now at the 31.13% retracement level.

Weekly Technical Indicators: [See XHB weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since September 21, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See XHB short-term trend chart]
A short-term uptrend had started on October 29, 2018 at 31.82 and reached 35.60 on November 7, 2018. XHB gained -3.78 points, or -11.88%, in 9 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See XHB daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

The daily MACD line is above its signal line since October 30, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.99
Williams' Percentage Range (W%R) 21.30
Lane's Stochastic (%D-Slow) 89.17
Overbought
Greed/Fear Indicator (GFI) 75.29
Moving Average Converg./Diverg. (MACD) -0.82
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.48
Williams' Percentage Range (W%R) 69.00
Lane's Stochastic (%D-Slow) 15.66
Oversold
Greed/Fear Indicator (GFI) 28.80
Moving Average Converg./Diverg. (MACD) -0.93
Trading Signals
Description Value Chart
50 Day Moving Average 37.02
Upper Bollinger Band 36.94
Daily Stochastic Crossing 35.35
Price 34.65
20 Day Moving Average 34.25
Parabolic System 33.95
Weekly Stochastic Crossing 33.46
Lower Bollinger Band 32.92
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 35.60
High Date 11/07/2018
Low 34.46
Low Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.82
Low Date 10/29/2018
High 35.60
High Date 11/07/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 40.91
High Date 08/27/2018
Low 31.82
Low Date 10/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 47.20
High Date 01/24/2018
Low 31.82
Low Date 10/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 8.00
Low Date 03/09/2009
High 47.20
High Date 01/24/2018
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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