The Greedy Trader Weekly Analysis
Sign In Apr 24, 2026
Skip Navigation Links
Share
Number of records: 10
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 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
- 4/17/2026 -
Sign In to see current Signals.

Boeing Company (BA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Stochastic signal line moved above oversold areaBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic and MACD bearish divergencePrice has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third positive week after 3 consecutive negative weeks for the Boeing Company (BA). During the week, the BA gained 5.75 points, or 2.64%, and closed at 223.38 on Friday, April 17, 2026. Weekly volume was -25% below average.

Long-term trend: [See BA long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 128.90 and reached 254.35 on January 27, 2026. BA gained -125.45 points, or -97.32%, in 42 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 206.58 and resistance is at 259.57. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See BA medium-term trend chart]
A medium-term downtrend had started on January 27, 2026 at 254.35 and reached 187.72 on March 30, 2026. BA lost 66.63 points, or 26.20%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (173.61) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BA may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See BA weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See BA short-term trend chart]
A short-term uptrend had started on March 30, 2026 at 187.72 and reached 230.24 on April 17, 2026. BA gained -42.52 points, or -22.65%, in 18 days. The price is now at the 16.13% retracement level.

Daily Technical Indicators: [See BA daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance 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) 79.85
Williams' Percentage Range (W%R) 16.90
Overbought
Lane's Stochastic (%D-Slow) 85.04
Overbought Bearish
Greed/Fear Indicator (GFI) 82.68
Overbought
Moving Average Converg./Diverg. (MACD) -0.50 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.96
Williams' Percentage Range (W%R) 40.30
Lane's Stochastic (%D-Slow) 27.88
Greed/Fear Indicator (GFI) 43.86
Moving Average Converg./Diverg. (MACD) 2.95
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 259.57
Upper Bollinger Band 238.46
Daily Stochastic Crossing 227.47
Price 223.38
50 Day Moving Average 219.82
Monthly Trendline Resistance 218.01
Parabolic System 213.26
20 Day Moving Average 208.41
Quarterly Trendline Support 206.58
Weekly Stochastic Crossing 203.32
Lower Bollinger Band 191.14
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Aerospace & Defense 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 215.40
Low Date 04/16/2026
High 230.24
High Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 187.72
Low Date 03/30/2026
High 230.24
High Date 04/17/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 218.01
Support 173.61
High 254.35
High Date 01/27/2026
Low 187.72
Low Date 03/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 259.57
Support 206.58
Low 128.90
Low Date 04/07/2025
High 254.35
High Date 01/27/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 446.01
High Date 03/01/2019
Low 89.00
Low Date 03/18/2020
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.