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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- 10/24/2025 -
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BlackRock (BLK) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic is oversoldPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the BlackRock (BLK). During the week, the BLK dropped -24.53 points, or -2.11%, and closed at 1136.63 on Friday, October 24, 2025. Weekly volume was -6% below average.

Long-term trend: [See BLK long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 503.12 and reached 1219.94 on October 15, 2025. BLK gained -716.82 points, or -142.47%, in 156 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 874.94 and resistance is at 1183.22. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See BLK medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 773.70 and reached 1219.94 on October 15, 2025. BLK gained -446.24 points, or -57.68%, in 27 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (1194.53) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BLK may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.

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

The weekly MACD line is above its signal line since May 23, 2025. 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 BLK short-term trend chart]
A short-term uptrend had started on October 23, 2025 at 1119.99 and reached 1144.50 on October 24, 2025. BLK gained -24.51 points, or -2.19%, in 1 days. The price is now at the 32.11% retracement level.

Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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) 39.91
Williams' Percentage Range (W%R) 78.70
Lane's Stochastic (%D-Slow) 12.81
Oversold
Greed/Fear Indicator (GFI) 24.67
Moving Average Converg./Diverg. (MACD) 5.77
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.51
Williams' Percentage Range (W%R) 30.90
Lane's Stochastic (%D-Slow) 66.14
Greed/Fear Indicator (GFI) 62.49
Moving Average Converg./Diverg. (MACD) 44.53
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 1227.58
Parabolic System 1205.82
Quarterly Trendline Support 1194.53
Upper Bollinger Band 1191.62
Yearly Trendline Resistance 1183.22
Weekly Stochastic Crossing 1175.41
20 Day Moving Average 1158.99
50 Day Moving Average 1139.71
Price 1136.63
Daily Stochastic Crossing 1127.92
Monthly Trendline Resistance 1124.39
Monthly Trendline Support 1111.45
Lower Bollinger Band 1108.66
Sector and Industry
Description Name Rank
Sector Financials 5
Industry Asset Management & Custody Banks 68
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 1119.99
Low Date 10/23/2025
High 1144.50
High Date 10/24/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1119.99
Low Date 10/23/2025
High 1144.50
High Date 10/24/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 1124.39
Support 1111.45
High 1219.94
High Date 10/15/2025
Low 1119.99
Low Date 10/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 1227.58
Support 1194.53
Low 773.70
Low Date 04/07/2025
High 1219.94
High Date 10/15/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 1183.22
Support 874.94
Low 503.12
Low Date 10/13/2022
High 1219.94
High Date 10/15/2025
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.