viacom technical analysis charts
TRANSCRIPT
January 26, 2016
VIAB: Viacom technical analysis charts
On Monday, compared to Friday, price action opened lower (42.87, vs Friday's
close of 43.20), saw a lower high (43.03, vs Friday's high of 43.96) and lower low
(41.78, vs Friday's low of 42.50); and closed lower (42.03, vs Friday's close of
43.20). The day's range was 125 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the middle of the 20 day moving average envelope (41.04). The
parameters of the envelope (39.81-42.27) are pointing higher.
The RSI (50.33) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
January 26, 2016
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero and rising.
The Slow Stochastics, below, are in positive mode, with the K line above the D
line.
The Commodity Channel Index (134.50), below, isgenerating a negative signal as it
crosses below the overbought 200 level.
On the DAILY BOLLINGER BANDS CHART below, Monday represents the 1st
consecutive close above the middle of the Bollinger Band envelope (41.04). The
Bollinger Bands (39.33-42.75) are diverging; and widened from a width of 330
ticks on Friday to a width of 342 ticks on Monday.
January 26, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (41.84, moving up) is above the 20 day moving average (41.04, moving
up), in positive mode. The 3-50 day strip of moving averages ranges from the 30
day moving average (40.99) at the bottom of the range to the 50 day moving
average (44.48) at the top of the range.
January 26, 2016
The Parabolic Stop and Reverse (39.98) below is in the 9th day of buy mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 9th
consecutive close below the middle of the Bollinger Bands envelope (45.36). The
Bollinger Bands (37.13-53.59) are diverging; expanding from a width of 1,622 ticks
on Friday to a width of 1,646 ticks on Monday.