The Greedy Trader Weekly Analysis
Sign In May 29, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Archive
- 5/22/2026 -
Sign In to see current Signals.

Dover Corp. (DOV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal lineA Parabolic SAR indicator is below and near the price
Move cursor over the icon to see details.

It was the negative week for the Dover Corp. (DOV). During the week, the DOV gave back -0.87 points, or -0.41%, and closed at 209.90 on Friday, May 22, 2026. Weekly volume was -28% below average.

Long-term trend: [See DOV long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 143.00 and reached 237.54 on February 12, 2026. DOV gained -94.54 points, or -66.11%, in 44 weeks. The price is now at the 29.24% retracement level.

Medium-term trend: [See DOV medium-term trend chart]
A medium-term uptrend had started on October 14, 2025 at 158.97 and reached 237.54 on February 12, 2026. DOV gained -78.57 points, or -49.42%, in 17 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (213.09) 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. DOV 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 DOV weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since March 20, 2026. Use the following link to access a MACD help.

Short-term trend: [See DOV short-term trend chart]
A short-term downtrend had started on April 23, 2026 at 232.71 and reached 205.60 on May 19, 2026. DOV lost 27.11 points, or 11.65%, in 26 days. The price is now at the 15.86% retracement level.

Daily Technical Indicators: [See DOV 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. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since May 6, 2026. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (211.24) comes close to the price (209.90). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.40
Williams' Percentage Range (W%R) 85.60
Oversold
Lane's Stochastic (%D-Slow) 18.30
Oversold
Greed/Fear Indicator (GFI) 22.38
Moving Average Converg./Diverg. (MACD) -1.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.85
Williams' Percentage Range (W%R) 64.90
Lane's Stochastic (%D-Slow) 55.15
Greed/Fear Indicator (GFI) 45.12
Moving Average Converg./Diverg. (MACD) 8.09
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 230.60
Upper Bollinger Band 228.21
20 Day Moving Average 218.03
Weekly Stochastic Crossing 217.94
50 Day Moving Average 215.33
Quarterly Trendline Support 213.09
Parabolic System 211.24
Price 209.90
Daily Stochastic Crossing 208.08
Lower Bollinger Band 202.11
Sector and Industry
Description Name Rank
Sector Industrials 5
Industry Industrial Machinery 46
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 206.16
Low Date 05/21/2026
High 210.84
High Date 05/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 232.71
High Date 04/23/2026
Low 205.60
Low Date 05/19/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 200.63
Low Date 04/02/2026
High 232.71
High Date 04/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 230.60
Support 213.09
Low 158.97
Low Date 10/14/2025
High 237.54
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 143.00
Low Date 04/07/2025
High 237.54
High Date 02/12/2026
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.