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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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- 4/25/2025 -
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Broadridge Financial Solutions (BR) Technical Analysis

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Summary:
Weekly :Oversold sector
Daily :MACD bearish divergencePrice has crossed above the 50 Day Moving Average
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It was a third consecutive positive week for the Broadridge Financial Solutions (BR). During the week, the BR climbed 1.85 points, or 0.78%, and closed at 237.70 on Friday, April 25, 2025. Weekly volume was -25% below average.

BR is a member of Information Technology Sector. Information Technology is the most oversold sector. 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 BR long-term trend chart]
A long-term uptrend had started on November 4, 2022 at 131.35 and reached 247.00 on April 2, 2025. BR gained -115.65 points, or -88.05%, in 125 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 231.07 and resistance is at 255.87. 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 BR medium-term trend chart]
A medium-term uptrend had started on May 8, 2024 at 188.30 and reached 247.00 on April 2, 2025. BR gained -58.70 points, or -31.17%, in 47 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 233.51 and resistance is at 248.85. 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 medium-term trend.

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

The weekly MACD line is below its signal line since March 7, 2025. 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 April 7, 2025 at 212.30 and reached 240.95 on April 23, 2025. BR gained -28.65 points, or -13.50%, in 16 days. The price is now at the 11.34% retracement level.

Daily Technical Indicators: [See BR daily technical indicators chart]
Daily technical indicators are neutral. 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. 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.

The daily MACD line is above its signal line since April 14, 2025. This is an indication that the short-term trend is up.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 61.55
Williams' Percentage Range (W%R) 27.40
Lane's Stochastic (%D-Slow) 75.84
Greed/Fear Indicator (GFI) 70.01
Moving Average Converg./Diverg. (MACD) -0.38 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.30
Williams' Percentage Range (W%R) 27.40
Lane's Stochastic (%D-Slow) 60.04
Greed/Fear Indicator (GFI) 61.10
Moving Average Converg./Diverg. (MACD) 5.62
Trading Signals
Description Value Chart
Yearly Trendline Resistance 255.87
Upper Bollinger Band 249.02
Quarterly Trendline Resistance 248.85
Daily Stochastic Crossing 237.87
Price 237.70
50 Day Moving Average 235.27
Monthly Trendline Resistance 234.96
20 Day Moving Average 234.21
Quarterly Trendline Support 233.51
Weekly Stochastic Crossing 233.30
Yearly Trendline Support 231.07
Monthly Trendline Support 230.81
Parabolic System 222.30
Lower Bollinger Band 219.84
Sector and Industry
Description Name Rank
Sector Information Technology 1
Industry Data Processing & Outsourced Services 65
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 225.12
Low Date 04/21/2025
High 240.95
High Date 04/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 212.30
Low Date 04/07/2025
High 240.95
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 234.96
Support 230.81
High 247.00
High Date 04/02/2025
Low 212.30
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 248.85
Support 233.51
Low 188.30
Low Date 05/08/2024
High 247.00
High Date 04/02/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 255.87
Support 231.07
Low 131.35
Low Date 11/04/2022
High 247.00
High Date 04/02/2025
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.