The Greedy Trader Weekly Analysis
Sign In Jul 3, 2025
Skip Navigation Links
Share
Number of records: 6
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 6/27/2025 -
Sign In to see current Signals.

Dow Jones (^DJI) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtTrend resistance at 45003.14
Daily :Lane's Stochastic is overboughtLane's Stochastic bearish divergenceStochastic has raised above the signal lineDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second consecutive positive week for the Dow Jones (^DJI). During the week, the ^DJI gained 1612.45 points, or 3.82%, and closed at 43819.27 on Friday, June 27, 2025. It was the best weekly gain since April 11, 2025. Weekly volume was 20% above average.

Long-term trend: [See ^DJI long-term trend chart]
A long-term downtrend had started on December 4, 2024 at 45073.63 and reached 36611.78 on April 7, 2025. ^DJI lost 8461.85 points, or 18.77%, in 17 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The price is near the trend resistance line (45003.14). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.

Medium-term trend: [See ^DJI medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 36611.78 and reached 43966.37 on June 27, 2025. ^DJI gained -7354.59 points, or -20.09%, in 11 weeks. Price is near the trend high.

Weekly Technical Indicators: [See ^DJI 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 May 30, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See ^DJI short-term trend chart]
A short-term uptrend had started on June 23, 2025 at 41981.14 and reached 43966.37 on June 27, 2025. ^DJI gained -1985.23 points, or -4.73%, in 4 days. The price is now at the 7.41% retracement level.

Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 65.09
Williams' Percentage Range (W%R) 21.80
Lane's Stochastic (%D-Slow) 83.58
Overbought Bearish
Greed/Fear Indicator (GFI) 75.62
Moving Average Converg./Diverg. (MACD) 278.90
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.24
Williams' Percentage Range (W%R) 17.50
Overbought
Lane's Stochastic (%D-Slow) 91.29
Strong Overbought
Greed/Fear Indicator (GFI) 75.80
Moving Average Converg./Diverg. (MACD) -121.18
Trading Signals
Description Value Chart
Monthly Trendline Resistance 45003.14
Price 43819.27
Daily Stochastic Crossing 43792.50
Weekly Stochastic Crossing 43718.47
Upper Bollinger Band 43508.27
20 Day Moving Average 42661.70
Parabolic System 42139.34
Lower Bollinger Band 41785.49
50 Day Moving Average 41750.40
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 41981.14
Low Date 06/23/2025
High 43966.37
High Date 06/27/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36611.78
Low Date 04/07/2025
High 43966.37
High Date 06/27/2025
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Test Resistance
Resistance 45003.14
Support 31559.12
High 45073.63
High Date 12/04/2024
Low 36611.78
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 28660.94
Low Date 10/13/2022
High 45073.63
High Date 12/04/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 6440.08
Low Date 03/09/2009
High 45073.63
High Date 12/04/2024
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.