On May 5, 2017, the Wells Fargo & Company WFC 50 day moving average crossed below its 100 DMA. Historically this has occurred 61 times and the stock does not always continue to drop. It has a median loss of 4.438% and maximum loss of 23.427% over the following 24 trading days.. When we take a look at other technical indicators, the relative strength index (RSI)...
The SPDR S&P Oil & Gas Exploration & Production Fund has been in a defined bearish trend for all of 2017. Due to this bearish movement, the 100 day moving average (DMA) is about to cross below the 150 DMA. This actual event has occurred 6 times in the history of the fund and has resulted in a minimal drop of 1.541%. It has a median drop of 6.918% and maximum drop...
The Energy Sector SPDR Fund XLE has been in a defined bearish trend for all of 2017. Due to this bearish movement, the 100 day moving average (DMA) is about to cross below the 150 DMA. This actual event has occurred 15 times in the history of the fund and has a minimal drop of 0.263%. It has a median drop of 2.067% and maximum drop of 38.054% over the following...
Walgreens Boots Alliance stock has been in a defined bullish trend since the beginning of 2016. Its current position displays the stock is ready to cycle down. The typical movement occurs over a period of 15 or more trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 62.2076. RSI tends to determine trends,...
On May 3, 2017, American Express Company crossed below its 50 day moving average (DMA). Historically this has occurred 406 times and the stock does not always drop. The median drop is 4.538% and maximum drop is 45.566% over the next 20 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 50.4969. RSI tends to...
On May 2, 2017, the UPS 100 day moving average (DMA) crossed below its 200 day moving average (DMA). Historically this has occurred 12 times and the stock drops a minimum of 0.531%. The median drop is 2.948% and maximum drop is 7.001% over the next 17 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
On April 28, 2017, the MetLife 20 day moving average (DMA) crossed below its 150 day moving average (DMA). Historically this has occurred 24 times and the stock drops a minimum of 1.184%. The median drop is 3.894% and maximum drop is 10.709 % over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
On April 21, 2017, the Exelon Corporation ( EXC ) 20 day moving average (DMA) crossed below its 50 DMA and the 200 DMA crossed below the 250 DMA. Both crosses have never occurred on the same day before and both crosses do not always result in a drop for the stock. Historically the 20 has crossed below the 50 DMA 93 times with a median drop of 4.412% and maximum...
On April 28, 2017, NVIDIA stock crossed below its 100 day moving average (DMA). Historically this has occurred 106 times and the stock drops a minimum of 0.327%. The median drop is 6.170% and maximum drop is 44.146% over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 54.3666. RSI tends to...
On April 28, 2017, Citigroup stock ( C ) 20 day moving average (DMA) crossed below its 100 day moving average (DMA). Historically this has occurred 237 times and the stock does not always continue to drop. The median drop is 3.213% and maximum drop is 37.140% over the next 11 trading days. When we take a look at other technical indicators, the relative strength...
On April 27, 2017, The Coca-Cola Company ( ) 20 day moving average (DMA) crossed above the 250 DMA , 50 DMA crossed above the 200 DMA, and 100 DMA crossed above the 150 DMA. All three crosses are bullish in nature and have never all occurred on the same day before. Historically the stock does not always rise over the next 20 trading days when each individual...
Welcome to the double top, prepare for the drop! The DJIA achieved a double top and recorded a lower high than the record high on March 1, 2017. The next few days are crucial to see if the Dow can break through this ceiling. If it cannot, the drop could be to recent levels of support or the house of cards could completely crumble. The stochastic is nearing...
Another sign the market has peaked. Buckle Up!
On April 26, 2017, Delta Airlines ( DAL ) crossed below its 150 day moving average (DMA). Historically this has occurred 41 times and the stock drops a minimum of 0.194%. It has a median loss of 6.485 % and maximum loss of 40.441% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 52.8562....
On April 25, 2017, the Nike ( NKE ) 100 day moving average (DMA) crossed above its 200 DMA Historically this has occurred 19 times with a minimum gain of 0.495%. It has a median gain of 6.655% and maximum gain of 24.969% over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 46.5981. RSI tends to...
On April 21, 2017, the US Oil ETF ( USO ) 50 day moving average (DMA) crossed below the 200 DMA. Historically this has occurred 8 times and the stock has a minimal drop of 0.636% over the next 12 trading days. The fund has a median drop of 2.817% and a maximum drop of 27.553% over the next 12 trading days. When we take a look at other technical indicators, the...
On April 20, 2017, VeriFone Systems ( PAY ) crossed above its 150 daily moving average (DMA). Historically this has occurred 49 times and the stock does not always move up. It has a median gain of 4.104% and maximum gain of 33.911% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 43.0767....
On April 19, 2017, Merck & Co ( NYSE:MRK ) crossed above its 150 daily moving average (DMA). Historically this has occurred 227 times and the stock does not always move up. It has a median gain of 4.139% and maximum gain of 18.194% over the next 16 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 40.4843....