Sentences with phrase «in a downtrend as»

Not exact matches

Mike van Dulken, head of research at Accendo Markets, says in an email on Thursday morning: «Gold has been a clear winner from the US dollar's sharp sell off following the Fed's rate hike, as the precious metal halts its downtrend to post fresh two - week highs.

Meanwhile, benchmark 10 - year note yields have broken above a long - term downtrend in effect since the 1980s, which some technical strategists see as a bearish indicator going forward.

Fuel prices have been in a downtrend since June, losing nearly 50 percent of their value, on the back of a price war waged by OPEC (the Organization of Petroleum Exporting Countries) against the U.S. shale producers and as demand from China decreased amid slowing growth.

This is where our objective, rule - based market timing model really shines, as it prevents us from selling short when the main stock market indexes are still trending higher (or going long when the broad market is in a confirmed downtrend).

Mannkind, which focuses on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension, entered a shallow but persistent downtrend in 2004, posting a series of lower highs into 2015.

The company's ROIC declined over the past several years, but it seems to have reached an inflection point, especially as global remittances look to reverse their recent downtrend in 2017.

After being in downtrend from April 2011 until September 2012, KOL is now setting up as a short - term, momentum - based bullish trend reversal play.

Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.

As a follow - up to that analysis, the longer - term weekly chart below shows the breakout above a year - long downtrend line, along with a coinciding pickup in volume:

As you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrenAs you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrenas been in a steady uptrend.

Coffee prices are still trading under their 20 and 100 - day moving average as the trend is lower and the downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved in next week's trade.

After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step in due to break of key moving average resistance, as well as a break of the downtrend line from the January high.

Just as an increase in the premium did not signal a new major rally in gold, a decrease in this premium did signal a downtrend.

TAC as a percent of revenue has experienced a momentary spike in prior years and then continued its long - term downtrend.

Monero has been relatively weak today, getting close to its correction lows, as it is in a corrective short - term downtrend.

After lagging the second half of 2017, the trend is reasserting itself as the dollar resumes its downtrend in the new year.

This overcut of the downtrend line is significant because it sucks in new buyers, just as institutions are starting to sell into strength.

The German index is still stuck in a clear downtrend as the European common currency it a new two and a half year high against the Dollar.

As you can see in the chart below it is above both the long - term downtrend line and the 200 - day moving average (brown line).

It broke out above the downtrend line in mid-February and has since pulled back, in a relatively controlled low volatility manner, to test the line as support during the most recent pullback, low of $ 137.12.

Our signal to list $ PLNT as a potential setup in our stock trading newsletter came on November 7, as the price rallied above the short - term downtrend line (upper channel of the handle).

Overall, on a technical basis, most cryptos remain in clear downtrends and are below their respective 200 - day moving averages, as well as being below their downtrend lines.

Therefore, if $ EEM can rally above the short - term downtrend line annotated on the chart above, and subsequently put in a «higher low,» we might be able to grab a low - risk buy entry point as early as next week.

I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term downtrend line remains intact.

The correction that started on Monday accelerated in the last couple of days, and a bottom could already be in after today's overnight rout, given the panicky market action, although a re-test or another leg lower is still in the cards, as the short - term downtrends are intact in the majors.

But as history has repeatedly shown, crypto - market downtrends are always followed by a more dramatic surge in prices.

Homebuilder sentiment is near recovery highs, yet the relative strength of the SPDR S&P Homebuilders ETF (XHB, $ 37.49) has been in a multi-year downtrend and recently began to roll - over from a lower - high, as shown in the following chart.

Chinese stocks, as measured by the iShares FTSE China 25 Index ETF (NYSE: $ FXI) spent most of 2011 and 2012 in a downtrend, though in the past two months they have shown signs of life.

The 5 day EMA has been the end of day resistance for all of 2016 as $ SPY has been in a strong short term downtrend.

As July ends and we move into the dog days of August look for Gold to continue the bounce in the downtrend while Crude Oil consolidates or pulls back in the uptrend.

We are trading with the downtrend momentum at the horizontal level discussed in this video, the pin bar signals formed near the confluent area, or the «hot point» as I call it.

As for its stock, RSH has been stuck in a severe downtrend since 2010, dropping from highs near $ 24 to a low just above $ 2.

A recent swing high will often act as support in an uptrend, and a recent swing low will often work as resistance in a downtrend.

In the chart above, we can see that all retraces higher to both horizontal resistance levels and the 21 day EMA were met with selling pressure as the dominant downtrend remained intact.

In a downtrend, resistance acts as an upper price limit, which can form the foundation for your trading technique.

We remain bearish biased on this market and will continue watching for price action sell signals from resistance to rejoin the downtrend as we can see the longer - term downtrend is still clearly in effect and key support isn't seen until down near 1.2040 area.

Does the price action repel down as in a downtrend or bounce up as in uptrend?

Of course, it's easier to profit from short sales in downtrends because, as Martin Zweig wisely says in his 1986 classic Winning on Wall Street, «the trend is your friend».

Just as long as lines are in order (fastest to slowest in an uptrend, slowest to fastest in a downtrend), then you can tell whether the pair is in an uptrend or in a downtrend.

Relative Strength Indicator (RSI) provides information on whether the currency is overbought or oversold as well as whether it is likely in an uptrend or downtrend.

While wind's recent cost decline has not been as universally stellar as solar's, mostly because wind is a more mature sector, its price downtrend in 2016 and 2017 has been precipitous, particularly in countries with the most favorable conditions and / / or policies.

Choppy trading conditions dominate the market of Bitcoin as well as the largest altcoins», but with the downtrends in the segment still clearly being intact, a test of the lows is likely in the coming days.

Currently, the cryptocurrency remains in a downtrend, as both moving averages are falling and the price is still below them.

Over the last few weeks, most of the bitcoin futures contracts have been bearish as traders forecasting the recent downtrend in value «shorted» the market.

As volatility makes a comeback in crytocurrencies, more so in Bitcoin, the price of the biggest digital coin falls below $ 9,000 and below the very trendline it broke out of last week, signalling the resumption of downtrend which started from its January high.

Monero price is holding ground despite the downtrend in the cryptocurrency market as the hard fork approaches.

Bitcoin is still in a downtrend, as it is trading inside the descending channel and below both moving averages.

September represented a downtrend in the price of the coin as China began to put legislative restrictions on the use of initial coin offerings as a way to raise funding.