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Advanced TA SearchArchive - 4/26/2024 - Sign In to see current Signals. |
Moody's Corp (MCO) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Moody's Corp (MCO). During the week, the MCO climbed 1.46 points, or 0.39%, and closed at 376.13 on Friday, April 26, 2024. Weekly volume was -9% below average. MCO is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See MCO long-term trend chart] A long-term uptrend had started on October 13, 2022 at 230.16 and reached 407.62 on February 12, 2024. MCO gained -177.46 points, or -77.10%, in 69 weeks. The price is now at the 17.74% retracement level. Medium-term trend: [See MCO medium-term trend chart] A medium-term downtrend had started on February 12, 2024 at 407.62 and reached 363.49 on February 14, 2024. MCO lost 44.13 points, or 10.83%, in 0 weeks. The price is now at the 28.64% retracement level. Weekly Technical Indicators: [See MCO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 23, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See MCO short-term trend chart] A short-term downtrend had started on April 4, 2024 at 402.38 and reached 369.42 on April 18, 2024. MCO lost 32.96 points, or 8.19%, in 14 days. The price is now at the 20.36% retracement level. Daily Technical Indicators: [See MCO daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 daily MACD line is below its signal line since April 9, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. 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.
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