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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- 5/15/2026 -
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Berkshire (BRK.B) Technical Analysis

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Summary:
Weekly :Broken trend support lineBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtPrice has crossed above the 50 Day Moving Average
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It was a third consecutive positive week for the Berkshire (BRK.B). During the week, the BRK.B gained 6.76 points, or 1.42%, and closed at 482.70 on Friday, May 15, 2026. BRK.B was trading at average weekly trading volume.

Long-term trend: [See BRK.B long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 259.85 and reached 542.07 on May 2, 2025. BRK.B gained -282.22 points, or -108.61%, in 133 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (510.08) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See BRK.B medium-term trend chart]
A medium-term downtrend had started on February 4, 2026 at 512.13 and reached 464.01 on April 16, 2026. BRK.B lost 48.12 points, or 9.40%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (458.08) 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. BRK.B 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 medium-term trend.

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

The weekly MACD line is below its signal line since January 9, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend 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 uptrend had started on May 5, 2026 at 464.34 and reached 489.42 on May 12, 2026. BRK.B gained -25.08 points, or -5.40%, in 7 days. The price is now at the 26.79% retracement level.

Daily Technical Indicators: [See BRK.B 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. 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 above its signal line since May 5, 2026. 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. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance 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) 62.12
Williams' Percentage Range (W%R) 10.80
Overbought
Lane's Stochastic (%D-Slow) 82.64
Overbought
Greed/Fear Indicator (GFI) 77.97
Moving Average Converg./Diverg. (MACD) -0.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.86
Williams' Percentage Range (W%R) 52.80
Lane's Stochastic (%D-Slow) 27.62
Greed/Fear Indicator (GFI) 40.37
Moving Average Converg./Diverg. (MACD) -3.41
Trading Signals
Description Value Chart
Yearly Trendline Support 510.08
Yearly Trendline Resistance 496.85
Upper Bollinger Band 489.62
Daily Stochastic Crossing 484.57
Price 482.70
50 Day Moving Average 479.16
Parabolic System 476.33
20 Day Moving Average 474.52
Monthly Trendline Resistance 473.59
Weekly Stochastic Crossing 471.22
Lower Bollinger Band 465.25
Monthly Trendline Support 458.08
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Multi-Sector Holdings 44
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 464.34
Low Date 05/05/2026
High 489.42
High Date 05/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 464.01
Low Date 04/16/2026
High 489.42
High Date 05/12/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 473.59
Support 458.08
High 512.13
High Date 02/04/2026
Low 464.01
Low Date 04/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 516.85
High Date 11/28/2025
Low 464.01
Low Date 04/16/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 496.85
Support 510.08
Low 259.85
Low Date 10/13/2022
High 542.07
High Date 05/02/2025
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.