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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
- 5/29/2026 -
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Air Products & Chemicals (APD) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the Air Products & Chemicals (APD). During the week, the APD dropped -10.85 points, or -3.75%, and closed at 278.62 on Friday, May 29, 2026. APD was trading at average weekly trading volume.

Long-term trend: [See APD long-term trend chart]
A long-term uptrend had started on March 8, 2000 at 23.00 and reached 341.10 on February 4, 2025. APD gained -318.10 points, or -1383.04%, in 1299 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 159.76 and resistance is at 363.53. 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 APD medium-term trend chart]
A medium-term downtrend had started on February 4, 2025 at 341.10 and reached 229.11 on December 10, 2025. APD lost 111.99 points, or 32.83%, in 44 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (219.15) 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 APD weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since January 9, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See APD short-term trend chart]
A short-term downtrend had started on May 13, 2026 at 307.96 and reached 277.98 on May 29, 2026. APD lost 29.98 points, or 9.74%, in 16 days. Price is near the trend low.

Daily Technical Indicators: [See APD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and 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 daily MACD line is below its signal line since April 29, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.21
Williams' Percentage Range (W%R) 86.20
Oversold
Lane's Stochastic (%D-Slow) 10.55
Oversold
Greed/Fear Indicator (GFI) 18.20
Oversold
Moving Average Converg./Diverg. (MACD) -1.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.57
Williams' Percentage Range (W%R) 46.50
Lane's Stochastic (%D-Slow) 64.95
Greed/Fear Indicator (GFI) 56.58
Moving Average Converg./Diverg. (MACD) 6.20
Trading Signals
Description Value Chart
Monthly Trendline Support 311.39
Monthly Trendline Resistance 310.00
Upper Bollinger Band 306.83
Weekly Stochastic Crossing 295.74
20 Day Moving Average 294.75
50 Day Moving Average 294.52
Parabolic System 291.77
Daily Stochastic Crossing 279.38
Price 278.62
Lower Bollinger Band 277.43
Quarterly Trendline Resistance 245.46
Sector and Industry
Description Name Rank
Sector Materials 5
Industry Industrial Gases 88
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 307.96
High Date 05/13/2026
Low 277.98
Low Date 05/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 307.96
High Date 05/13/2026
Low 277.98
Low Date 05/29/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 310.00
Support 311.39
Low 229.11
Low Date 12/10/2025
High 307.96
High Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 245.46
Support 219.15
High 341.10
High Date 02/04/2025
Low 229.11
Low Date 12/10/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 363.53
Support 159.76
Low 23.00
Low Date 03/08/2000
High 341.10
High Date 02/04/2025
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.