The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance 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. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 9/25/2026 -
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iPath Dow Jones-AIG Commodity Idx TR ETN (DJP) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtBroken trend resistance line
Daily :
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It was a seventh consecutive positive week for the iPath Dow Jones-AIG Commodity Idx TR ETN (DJP). During the week, the DJP climbed 0.08 points, or 0.15%, and closed at 52.78 on Friday, September 25, 2026. Weekly volume was -43% below average.

Long-term trend: [See DJP long-term trend chart]
A long-term uptrend had started on May 31, 2023 at 29.15 and reached 53.62 on September 16, 2026. DJP gained -24.47 points, or -83.95%, in 172 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (33.87) 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 DJP medium-term trend chart]
A medium-term uptrend had started on June 24, 2026 at 43.03 and reached 53.62 on September 16, 2026. DJP gained -10.59 points, or -24.61%, in 12 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 49.56 and resistance is at 53.98. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See DJP weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since August 28, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See DJP short-term trend chart]
A short-term uptrend had started on August 4, 2026 at 45.85 and reached 53.62 on September 16, 2026. DJP gained -7.77 points, or -16.95%, in 43 days. The chart has formed a Rising Channel chart pattern.

Daily Technical Indicators: [See DJP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since September 17, 2026. The distance between MACD and the signal line is low, but getting bigger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.49
Williams' Percentage Range (W%R) 41.20
Lane's Stochastic (%D-Slow) 37.82
Greed/Fear Indicator (GFI) 52.04
Moving Average Converg./Diverg. (MACD) 1.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.67
Williams' Percentage Range (W%R) 11.90
Overbought
Lane's Stochastic (%D-Slow) 93.90
Strong Overbought
Greed/Fear Indicator (GFI) 82.93
Overbought
Moving Average Converg./Diverg. (MACD) 1.78
Trading Signals
Description Value Chart
Weekly Trendline Resistance 53.98
Upper Bollinger Band 53.55
Parabolic System 53.52
Weekly Stochastic Crossing 53.15
Daily Stochastic Crossing 52.83
Price 52.78
20 Day Moving Average 52.48
Lower Bollinger Band 50.75
50 Day Moving Average 49.99
Weekly Trendline Support 49.56
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 45.85
Low Date 08/04/2026
High 53.62
High Date 09/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 53.98
Support 49.56
Low 43.03
Low Date 06/24/2026
High 53.62
High Date 09/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 29.35
Low Date 08/05/2024
High 53.62
High Date 09/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 38.35
Support 33.87
Low 29.15
Low Date 05/31/2023
High 53.62
High Date 09/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.61
Low Date 03/18/2020
High 53.62
High Date 09/16/2026
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.