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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- 10/2/2026 -
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Berkshire (BRK.B) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend support line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageBroken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversoldA Parabolic SAR indicator is below and near the price
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It was the negative week for the Berkshire (BRK.B). During the week, the BRK.B gave back -2.83 points, or -0.56%, and closed at 502.65 on Friday, October 2, 2026. BRK.B was trading at average weekly trading volume.

Long-term trend: [See BRK.B long-term trend chart]
A long-term downtrend had started on May 2, 2025 at 542.07 and reached 455.19 on August 4, 2025. BRK.B lost 86.88 points, or 16.03%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (469.88) 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 long-term trend.

Medium-term trend: [See BRK.B medium-term trend chart]
A medium-term uptrend had started on April 16, 2026 at 464.01 and reached 537.74 on August 10, 2026. BRK.B gained -73.73 points, or -15.89%, in 16 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (510.08) 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. BRK.B 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 BRK.B weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 5, 2026. 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 BRK.B short-term trend chart]
A short-term downtrend had started on September 16, 2026 at 523.74 and reached 495.96 on October 1, 2026. BRK.B lost 27.78 points, or 5.30%, in 15 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (495.18) 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 short-term trend.

Daily Technical Indicators: [See BRK.B daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since September 18, 2026. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (504.72) comes close to the price (502.65). It indicates that the trend is getting weaker. 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 35.85
Williams' Percentage Range (W%R) 85.10
Oversold
Lane's Stochastic (%D-Slow) 18.31
Oversold
Greed/Fear Indicator (GFI) 23.02
Moving Average Converg./Diverg. (MACD) -0.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.90
Williams' Percentage Range (W%R) 53.90
Lane's Stochastic (%D-Slow) 36.12
Greed/Fear Indicator (GFI) 44.68
Moving Average Converg./Diverg. (MACD) 4.52
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 564.86
Upper Bollinger Band 515.70
Weekly Stochastic Crossing 510.83
Quarterly Trendline Support 510.08
50 Day Moving Average 507.38
20 Day Moving Average 506.82
Parabolic System 504.72
Price 502.65
Daily Stochastic Crossing 499.18
Weekly Trendline Support 495.18
Lower Bollinger Band 494.33
Weekly Trendline Resistance 493.84
Yearly Trendline Resistance 480.15
Yearly Trendline Support 469.88
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Multi-Sector Holdings 77
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 495.96
Low Date 10/01/2026
High 503.62
High Date 10/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 493.84
Support 495.18
High 523.74
High Date 09/16/2026
Low 495.96
Low Date 10/01/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 537.74
High Date 08/10/2026
Low 495.68
Low Date 08/21/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 564.86
Support 510.08
Low 464.01
Low Date 04/16/2026
High 537.74
High Date 08/10/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 480.15
Support 469.88
High 542.07
High Date 05/02/2025
Low 455.19
Low Date 08/04/2025
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.