The Greedy Trader Weekly Analysis
Sign In May 17, 2024
Skip Navigation Links
TA Search
Share
Daily RSI:> 80
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.

Advanced TA Search

Archive
- 5/10/2024 -
Sign In to see current Signals.

Fidelity National Information Services (FIS) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range and Lane's Stochastic are overbought20 Day Moving Average has crossed below the 50 Day Moving AverageDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a second positive week after 4 consecutive negative weeks for the Fidelity National Information Services (FIS). During the week, the FIS gained 3.92 points, or 5.54%, and closed at 74.64 on Friday, May 10, 2024. It was the best weekly gain since March 1, 2024. Weekly volume was 21% above average.

Long-term trend: [See FIS long-term trend chart]
A long-term downtrend had started on February 14, 2020 at 158.21 and reached 46.91 on October 27, 2023. FIS lost 111.30 points, or 70.35%, in 193 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 40.32 and resistance is at 146.86. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.

Medium-term trend: [See FIS medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 46.91 and reached 75.71 on May 7, 2024. FIS gained -28.80 points, or -61.39%, in 27 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 67.81 and resistance is at 75.82. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See FIS weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See FIS short-term trend chart]
A short-term downtrend had started on May 7, 2024 at 75.71 and reached 72.67 on May 8, 2024. FIS lost 3.04 points, or 4.02%, in 1 days. The price is now at the 64.80% retracement level.

Daily Technical Indicators: [See FIS daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the 20 Day Moving Average 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) 61.53
Williams' Percentage Range (W%R) 19.10
Overbought
Lane's Stochastic (%D-Slow) 81.08
Overbought
Greed/Fear Indicator (GFI) 74.49
Moving Average Converg./Diverg. (MACD) 0.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.13
Williams' Percentage Range (W%R) 9.80
Strong Overbought
Lane's Stochastic (%D-Slow) 66.27
Greed/Fear Indicator (GFI) 73.01
Moving Average Converg./Diverg. (MACD) 3.25
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 75.82
Upper Bollinger Band 75.37
Price 74.64
Daily Stochastic Crossing 74.18
Weekly Stochastic Crossing 72.27
50 Day Moving Average 71.02
20 Day Moving Average 70.92
Parabolic System 70.52
Quarterly Trendline Support 67.81
Lower Bollinger Band 67.64
Sector and Industry
Description Name Rank
Sector Information Technology 4
Industry Data Processing & Outsourced Services 50
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 75.71
High Date 05/07/2024
Low 72.67
Low Date 05/08/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 75.71
High Date 05/07/2024
Low 72.67
Low Date 05/08/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 75.71
High Date 05/07/2024
Low 72.67
Low Date 05/08/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 75.82
Support 67.81
Low 46.91
Low Date 10/27/2023
High 75.71
High Date 05/07/2024
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 146.86
Support 40.32
High 158.21
High Date 02/14/2020
Low 46.91
Low Date 10/27/2023
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.