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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- 8/21/2026 -
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Broadridge Financial Solutions (BR) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtMACD bearish divergence
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It was a fourth consecutive positive week for the Broadridge Financial Solutions (BR). During the week, the BR gained 11.17 points, or 6.53%, and closed at 182.18 on Friday, August 21, 2026. Weekly volume was 22% above average.

Long-term trend: [See BR long-term trend chart]
A long-term downtrend had started on August 7, 2025 at 271.91 and reached 133.83 on June 22, 2026. BR lost 138.08 points, or 50.78%, in 45 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (115.08) 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. BR 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 long-term trend.

Medium-term trend: [See BR medium-term trend chart]
A medium-term uptrend had started on July 23, 2026 at 143.04 and reached 182.52 on August 21, 2026. BR gained -39.48 points, or -27.60%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 178.25 and resistance is at 221.46. 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 medium-term trend.

Weekly Technical Indicators: [See BR weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See BR short-term trend chart]
A short-term uptrend had started on August 6, 2026 at 160.00 and reached 182.52 on August 21, 2026. BR gained -22.52 points, or -14.08%, in 15 days. Price is near the trend high.

Daily Technical Indicators: [See BR 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 MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily 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 Lane's Stochastic help.

The daily MACD line is above its signal line since June 30, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.93
Williams' Percentage Range (W%R) 10.80
Overbought
Lane's Stochastic (%D-Slow) 81.74
Overbought
Greed/Fear Indicator (GFI) 81.61
Overbought
Moving Average Converg./Diverg. (MACD) 6.08 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.83
Williams' Percentage Range (W%R) 7.20
Strong Overbought
Lane's Stochastic (%D-Slow) 75.98
Greed/Fear Indicator (GFI) 76.33
Moving Average Converg./Diverg. (MACD) -13.20
Trading Signals
Description Value Chart
Upper Bollinger Band 183.06
Price 182.18
Daily Stochastic Crossing 180.62
Monthly Trendline Support 178.25
Weekly Stochastic Crossing 174.19
Parabolic System 172.35
20 Day Moving Average 166.52
50 Day Moving Average 152.86
Lower Bollinger Band 150.49
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Data Processing & Outsourced Services 97
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 160.00
Low Date 08/06/2026
High 182.52
High Date 08/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 160.00
Low Date 08/06/2026
High 182.52
High Date 08/21/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 221.46
Support 178.25
Low 143.04
Low Date 07/23/2026
High 182.52
High Date 08/21/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 133.83
Low Date 06/22/2026
High 182.52
High Date 08/21/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 144.13
Support 115.08
High 271.91
High Date 08/07/2025
Low 133.83
Low Date 06/22/2026
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.