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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.

Archive
- 6/12/2026 -
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iShares MSCI Emerg Mkts Index (EEM) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtBroken trend resistance lineTrend support at 67.87
Daily :The price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gained 3.29 points, or 5.09%, and closed at 67.88 on Friday, June 12, 2026. Weekly volume was 22% above average.

Long-term trend: [See EEM long-term trend chart]
A long-term uptrend had started on October 24, 2022 at 33.49 and reached 70.86 on June 2, 2026. EEM gained -37.37 points, or -111.59%, in 188 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (43.20) 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 EEM medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 54.44 and reached 70.86 on June 2, 2026. EEM gained -16.42 points, or -30.16%, in 9 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (67.87) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See EEM short-term trend chart]
A short-term downtrend had started on June 2, 2026 at 70.86 and reached 64.07 on June 9, 2026. EEM lost 6.79 points, or 9.58%, in 7 days. The price is now at the 56.11% retracement level.

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

The daily MACD line is below its signal line since June 4, 2026. This is an indication that the short-term trend is down.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.96
Williams' Percentage Range (W%R) 45.10
Lane's Stochastic (%D-Slow) 32.49
Greed/Fear Indicator (GFI) 47.78
Moving Average Converg./Diverg. (MACD) 0.89
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.49
Williams' Percentage Range (W%R) 20.30
Lane's Stochastic (%D-Slow) 83.60
Overbought
Greed/Fear Indicator (GFI) 74.11
Moving Average Converg./Diverg. (MACD) 2.78
Trading Signals
Description Value Chart
Monthly Trendline Resistance 72.31
Upper Bollinger Band 70.86
Weekly Stochastic Crossing 69.13
Price 67.88
Monthly Trendline Support 67.87
20 Day Moving Average 67.09
Daily Stochastic Crossing 66.33
50 Day Moving Average 64.76
Parabolic System 64.66
Lower Bollinger Band 62.81
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 64.07
Low Date 06/09/2026
High 68.20
High Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 70.86
High Date 06/02/2026
Low 64.07
Low Date 06/09/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 72.31
Support 67.87
Low 54.44
Low Date 03/30/2026
High 70.86
High Date 06/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 38.19
Low Date 04/08/2025
High 70.86
High Date 06/02/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 52.29
Support 43.20
Low 33.49
Low Date 10/24/2022
High 70.86
High Date 06/02/2026
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.