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Archive - 9/13/2024 - Sign In to see current Signals. |
Expeditors Int'l. (EXPD) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Expeditors Int'l. (EXPD). During the week, the EXPD gave back -0.22 points, or -0.18%, and closed at 120.78 on Friday, September 13, 2024. Weekly volume was -27% below average. Long-term trend: [See EXPD long-term trend chart] A long-term uptrend had started on October 10, 2012 at 34.20 and reached 137.80 on December 16, 2021. EXPD gained -103.60 points, or -302.92%, in 479 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 94.86 and resistance is at 133.40. 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 EXPD medium-term trend chart] A medium-term uptrend had started on September 26, 2022 at 86.08 and reached 131.17 on January 25, 2024. EXPD gained -45.09 points, or -52.38%, in 69 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 113.74 and resistance is at 139.36. 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 medium-term trend. Weekly Technical Indicators: [See EXPD weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See EXPD short-term trend chart] A short-term uptrend had started on August 6, 2024 at 111.54 and reached 125.75 on September 4, 2024. EXPD gained -14.21 points, or -12.74%, in 29 days. The price is now at the 34.98% retracement level. Daily Technical Indicators: [See EXPD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The distance between the Bollinger Bands (4.04%) is close to one year low (4.31%). It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
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