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.

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- 2/14/2025 -
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Brown-Form (BF.B) Technical Analysis

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Summary:
Weekly :Oversold sectorOversold industryBroken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal line
Daily :Stochastic has raised above the signal line
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It was a first positive week after 3 consecutive negative weeks for the Brown-Form (BF.B). During the week, the BF.B gained 0.31 points, or 1.01%, and closed at 31.15 on Friday, February 14, 2025. Weekly volume was 37% above average.

BF.B is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. BF.B is a member of Distillers & Vintners Industry. Distillers & Vintners is the most oversold industry. 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 BF.B long-term trend chart]
A long-term downtrend had started on August 17, 2022 at 78.15 and reached 30.48 on February 12, 2025. BF.B lost 47.67 points, or 61.00%, in 130 weeks. Price is near the trend low.

Medium-term trend: [See BF.B medium-term trend chart]
A medium-term downtrend had started on December 5, 2024 at 46.15 and reached 30.48 on February 12, 2025. BF.B lost 15.67 points, or 33.95%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.31) 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 BF.B weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since November 8, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See BF.B short-term trend chart]
A short-term uptrend had started on February 13, 2025 at 30.76 and reached 32.03 on February 14, 2025. BF.B gained -1.27 points, or -4.13%, in 1 days. The price is now at the 69.29% retracement level.

Daily Technical Indicators: [See BF.B daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

The daily MACD line is above its signal line since January 24, 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.06
Williams' Percentage Range (W%R) 74.70
Lane's Stochastic (%D-Slow) 25.66
Greed/Fear Indicator (GFI) 26.02
Moving Average Converg./Diverg. (MACD) -1.72
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.36
Williams' Percentage Range (W%R) 94.30
Strong Oversold
Lane's Stochastic (%D-Slow) 4.20
Strong Oversold
Greed/Fear Indicator (GFI) 15.56
Oversold
Moving Average Converg./Diverg. (MACD) -2.75
Trading Signals
Description Value Chart
50 Day Moving Average 36.85
Upper Bollinger Band 35.05
20 Day Moving Average 32.35
Parabolic System 32.06
Price 31.15
Weekly Stochastic Crossing 31.01
Daily Stochastic Crossing 30.90
Monthly Trendline Resistance 30.55
Monthly Trendline Support 30.31
Lower Bollinger Band 30.22
Sector and Industry
Description Name Rank
Sector Consumer Staples 1
Industry Distillers & Vintners 1
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 30.76
Low Date 02/13/2025
High 32.03
High Date 02/14/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.76
Low Date 02/13/2025
High 32.03
High Date 02/14/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 30.55
Support 30.31
High 46.15
High Date 12/05/2024
Low 30.48
Low Date 02/12/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 49.89
High Date 10/18/2024
Low 30.48
Low Date 02/12/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 78.15
High Date 08/17/2022
Low 30.48
Low Date 02/12/2025
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.