The Greedy Trader Weekly Analysis
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Uptrend Support

Uptrend Support 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. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

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- 8/21/2026 -
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AFLAC Corporation (AFL) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend support at 116.34
Daily :Relative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldPrice has crossed below the 50 Day Moving AverageThe Bollinger Bands are historically far apart
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It was the negative week for the AFLAC Corporation (AFL). During the week, the AFL dropped -5.38 points, or -4.43%, and closed at 116.07 on Friday, August 21, 2026. It was the worst weekly loss since May 29, 2026. Weekly volume was -9% below average.

AFL is a member of Financials Sector. Financials 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 AFL long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 23.07 and reached 130.22 on July 29, 2026. AFL gained -107.15 points, or -464.46%, in 332 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 110.93 and resistance is at 152.29. 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 uptrend had started on March 24, 2026 at 105.76 and reached 130.22 on July 29, 2026. AFL gained -24.46 points, or -23.13%, in 18 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (116.34) 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 AFL weekly technical indicators chart]
Weekly technical indicators are neutral.

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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AFL short-term trend chart]
A short-term downtrend had started on July 29, 2026 at 130.22 and reached 115.82 on August 20, 2026. AFL lost 14.40 points, or 11.06%, in 22 days. Price is near the trend low.

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

The daily MACD line is below its signal line since August 3, 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.

The distance between the Bollinger Bands (13.89%) is close to one year high (12.39%). It is 102.79% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

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) 17.95
Oversold
Williams' Percentage Range (W%R) 95.20
Strong Oversold
Lane's Stochastic (%D-Slow) 11.33
Oversold
Greed/Fear Indicator (GFI) 11.36
Oversold
Moving Average Converg./Diverg. (MACD) -0.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.04
Williams' Percentage Range (W%R) 61.10
Lane's Stochastic (%D-Slow) 64.76
Greed/Fear Indicator (GFI) 51.51
Moving Average Converg./Diverg. (MACD) 2.92
Trading Signals
Description Value Chart
Monthly Trendline Resistance 133.91
Upper Bollinger Band 129.43
Weekly Stochastic Crossing 124.27
20 Day Moving Average 123.30
50 Day Moving Average 121.54
Parabolic System 119.70
Daily Stochastic Crossing 116.51
Monthly Trendline Support 116.34
Price 116.07
Lower Bollinger Band 113.32
Yearly Trendline Support 110.93
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Life & Health Insurance 82
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 115.82
Low Date 08/20/2026
High 117.18
High Date 08/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 130.22
High Date 07/29/2026
Low 115.82
Low Date 08/20/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 133.91
Support 116.34
Low 105.76
Low Date 03/24/2026
High 130.22
High Date 07/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 96.95
Low Date 08/01/2025
High 130.22
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 152.29
Support 110.93
Low 23.07
Low Date 03/18/2020
High 130.22
High Date 07/29/2026
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.