The Greedy Trader Weekly Analysis
Sign In Sep 29, 2023
Skip Navigation Links
Number of records: 10
Share
Symbol:  

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

Downtrend Broken Resistance

Downtrend Broken Resistance 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. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 9/22/2023 -
Sign In to see current Signals.

Church & Dwight (CHD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorPrice is near the Fibonacci 38.2% retracement level
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice is near the Fibonacci 23.6% retracement levelThe period of low volatility of the stock pricePrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Church & Dwight (CHD). During the week, the CHD gave back -0.53 points, or -0.56%, and closed at 94.69 on Friday, September 22, 2023. Weekly volume was -38% below average.

CHD is a member of Consumer Staples Sector. Consumer Staples is the second most oversold 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 CHD long-term trend chart]
A long-term uptrend had started on October 10, 2022 at 70.16 and reached 100.52 on July 6, 2023. CHD gained -30.36 points, or -43.27%, in 38 weeks. The price is now at the 19.20% retracement level.

Medium-term trend: [See CHD medium-term trend chart]
A medium-term downtrend had started on July 6, 2023 at 100.52 and reached 91.38 on August 18, 2023. CHD lost 9.14 points, or 9.09%, in 6 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See CHD weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 28, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See CHD short-term trend chart]
A short-term downtrend had started on September 1, 2023 at 97.32 and reached 93.92 on September 6, 2023. CHD lost 3.40 points, or 3.49%, in 5 days. Price is near the Fibonacci 23.6% retracement level.

Daily Technical Indicators: [See CHD 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.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

The distance between the Bollinger Bands is falling, and it was 3.46% on Friday. It is 54.51% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Price is close to the 50 Day Moving Average. 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) 41.29
Williams' Percentage Range (W%R) 54.90
Lane's Stochastic (%D-Slow) 33.87
Greed/Fear Indicator (GFI) 40.07
Moving Average Converg./Diverg. (MACD) -0.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.06
Williams' Percentage Range (W%R) 61.70
Lane's Stochastic (%D-Slow) 40.64
Greed/Fear Indicator (GFI) 41.38
Moving Average Converg./Diverg. (MACD) 2.46
Trading Signals
Description Value Chart
Parabolic System 96.89
Upper Bollinger Band 96.79
50 Day Moving Average 95.58
20 Day Moving Average 95.33
Daily Stochastic Crossing 94.79
Price 94.69
Weekly Stochastic Crossing 94.69
Lower Bollinger Band 93.52
Sector and Industry
Description Name Rank
Sector Consumer Staples 2
Industry Household Products 26
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 97.20
High Date 09/07/2023
Low 93.93
Low Date 09/19/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 97.32
High Date 09/01/2023
Low 93.92
Low Date 09/06/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.52
High Date 07/06/2023
Low 91.38
Low Date 08/18/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.16
Low Date 10/10/2022
High 100.52
High Date 07/06/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.56
Low Date 12/01/2016
High 105.28
High Date 04/27/2022
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.