The Greedy Trader Weekly Analysis
Sign In Sep 18, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

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

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
- 9/11/2026 -
Sign In to see current Signals.

Abbott Labs (ABT) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend support line
Daily :Relative Strength Index and Williams' Percentage Range oversoldLane's Stochastic is strongly oversoldPrice has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Abbott Labs (ABT). During the week, the ABT dropped -6.38 points, or -5.89%, and closed at 101.95 on Friday, September 11, 2026. Weekly volume was -14% below average.

ABT is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See ABT long-term trend chart]
A long-term downtrend had started on March 4, 2025 at 141.20 and reached 81.97 on May 11, 2026. ABT lost 59.23 points, or 41.95%, in 61 weeks. The price is now at the 33.73% retracement level.

Medium-term trend: [See ABT medium-term trend chart]
A medium-term uptrend had started on May 11, 2026 at 81.97 and reached 117.34 on August 24, 2026. ABT gained -35.37 points, or -43.15%, in 15 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (104.35) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ABT may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.

Weekly Technical Indicators: [See ABT 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 June 18, 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 ABT short-term trend chart]
A short-term downtrend had started on August 24, 2026 at 117.34 and reached 101.49 on September 11, 2026. ABT lost 15.85 points, or 13.51%, in 18 days. Price is near the trend low.

Daily Technical Indicators: [See ABT daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is below its signal line since August 26, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 12.51
Oversold
Williams' Percentage Range (W%R) 83.20
Oversold
Lane's Stochastic (%D-Slow) 4.62
Strong Oversold
Greed/Fear Indicator (GFI) 11.30
Oversold
Moving Average Converg./Diverg. (MACD) 1.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.11
Williams' Percentage Range (W%R) 37.30
Lane's Stochastic (%D-Slow) 83.32
Overbought
Greed/Fear Indicator (GFI) 67.52
Moving Average Converg./Diverg. (MACD) -2.24
Trading Signals
Description Value Chart
Upper Bollinger Band 116.49
Weekly Stochastic Crossing 113.80
20 Day Moving Average 110.67
Monthly Trendline Resistance 110.59
Parabolic System 107.65
50 Day Moving Average 105.30
Monthly Trendline Support 104.35
Price 101.95
Daily Stochastic Crossing 101.89
Lower Bollinger Band 99.86
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Equipment 75
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 117.34
High Date 08/24/2026
Low 101.49
Low Date 09/11/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 117.34
High Date 08/24/2026
Low 101.49
Low Date 09/11/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 110.59
Support 104.35
Low 81.97
Low Date 05/11/2026
High 117.34
High Date 08/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 141.20
High Date 03/04/2025
Low 81.97
Low Date 05/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 89.67
Low Date 10/12/2023
High 141.20
High Date 03/04/2025
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.