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.

Archive
- 4/25/2025 -
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AFLAC Corporation (AFL) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :The price has risen above the Parabolic SARPrice is close to the 50 Day Moving Average
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It was a third consecutive positive week for the AFLAC Corporation (AFL). During the week, the AFL climbed 0.46 points, or 0.43%, and closed at 107.90 on Friday, April 25, 2025. Weekly volume was -18% below average.

Long-term trend: [See AFL long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 23.07 and reached 115.50 on October 4, 2024. AFL gained -92.43 points, or -400.65%, in 237 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.69 and resistance is at 126.30. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See AFL medium-term trend chart]
A medium-term downtrend had started on April 3, 2025 at 113.50 and reached 97.20 on April 9, 2025. AFL lost 16.30 points, or 14.36%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (107.07) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.

Weekly Technical Indicators: [See AFL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AFL short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 103.48 and reached 110.31 on April 23, 2025. AFL gained -6.83 points, or -6.60%, in 2 days. The price is now at the 35.29% retracement level.

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

The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

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.

Price is close to the 50 Day Moving Average. 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) 63.88
Williams' Percentage Range (W%R) 28.80
Lane's Stochastic (%D-Slow) 74.75
Greed/Fear Indicator (GFI) 69.93
Moving Average Converg./Diverg. (MACD) -0.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.05
Williams' Percentage Range (W%R) 35.20
Lane's Stochastic (%D-Slow) 66.32
Greed/Fear Indicator (GFI) 60.44
Moving Average Converg./Diverg. (MACD) 1.48
Trading Signals
Description Value Chart
Yearly Trendline Resistance 126.30
Upper Bollinger Band 114.56
Daily Stochastic Crossing 108.81
Price 107.90
20 Day Moving Average 107.31
Weekly Stochastic Crossing 107.20
50 Day Moving Average 107.13
Monthly Trendline Support 107.07
Monthly Trendline Resistance 105.66
Parabolic System 100.74
Lower Bollinger Band 100.25
Yearly Trendline Support 88.69
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Life & Health Insurance 88
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 103.48
Low Date 04/21/2025
High 110.31
High Date 04/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 97.20
Low Date 04/09/2025
High 110.31
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 105.66
Support 107.07
High 113.50
High Date 04/03/2025
Low 97.20
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 115.50
High Date 10/04/2024
Low 97.20
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 126.30
Support 88.69
Low 23.07
Low Date 03/18/2020
High 115.50
High Date 10/04/2024
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.