viacom technical analysis charts

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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.

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Page 1: Viacom technical analysis charts

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.

Page 2: Viacom technical analysis charts

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.

Page 3: Viacom technical analysis charts

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.

Page 4: Viacom technical analysis charts

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.