The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
Share
Number of records: 2
Symbol:  

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

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.

Uptrend Exhaustion

Archive
- 4/26/2024 -
Sign In to see current Signals.

Expeditors Int'l. (EXPD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance lineWilliams' Percentage Range is oversold
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal line
Move cursor over the icon to see details.

It was the negative week for the Expeditors Int'l. (EXPD). During the week, the EXPD dropped -1.31 points, or -1.14%, and closed at 113.30 on Friday, April 26, 2024. Weekly volume was 10% above average.

EXPD is a member of Industrials Sector. Industrials is the second 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 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 Rising Channel chart pattern. The uptrend resistance line (96.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See EXPD medium-term trend chart]
A medium-term downtrend had started on January 25, 2024 at 131.17 and reached 111.81 on April 25, 2024. EXPD lost 19.36 points, or 14.76%, in 13 weeks. The price is now at the 7.70% retracement level.

Weekly Technical Indicators: [See EXPD weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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 below its signal line since February 16, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See EXPD short-term trend chart]
A short-term downtrend had started on April 9, 2024 at 121.17 and reached 111.81 on April 25, 2024. EXPD lost 9.36 points, or 7.72%, in 16 days. The price is now at the 15.92% retracement level.

Daily Technical Indicators: [See EXPD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since April 12, 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.79
Williams' Percentage Range (W%R) 88.10
Oversold
Lane's Stochastic (%D-Slow) 13.63
Oversold
Greed/Fear Indicator (GFI) 18.76
Oversold
Moving Average Converg./Diverg. (MACD) -1.55
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.69
Williams' Percentage Range (W%R) 94.20
Strong Oversold
Lane's Stochastic (%D-Slow) 22.67
Greed/Fear Indicator (GFI) 23.11
Moving Average Converg./Diverg. (MACD) 0.79
Trading Signals
Description Value Chart
Upper Bollinger Band 120.59
50 Day Moving Average 118.65
Parabolic System 116.51
20 Day Moving Average 116.22
Weekly Stochastic Crossing 113.83
Price 113.30
Daily Stochastic Crossing 112.53
Lower Bollinger Band 111.39
Yearly Trendline Resistance 106.58
Yearly Trendline Support 96.09
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Air Freight & Logistics 22
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 121.17
High Date 04/09/2024
Low 111.81
Low Date 04/25/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 122.83
High Date 03/22/2024
Low 111.81
Low Date 04/25/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 131.17
High Date 01/25/2024
Low 111.81
Low Date 04/25/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 86.08
Low Date 09/26/2022
High 131.17
High Date 01/25/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 106.58
Support 96.09
Low 34.20
Low Date 10/10/2012
High 137.80
High Date 12/16/2021
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.