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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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- 6/13/2025 -
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CurrencyShares Australian Dollar Trust (FXA) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtStochastic has declined below the signal lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SAR
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It was the negative week for the CurrencyShares Australian Dollar Trust (FXA). During the week, the FXA gave back -0.01 points, or -0.02%, and closed at 64.34 on Friday, June 13, 2025. Weekly volume was 31% above average.

Long-term trend: [See FXA long-term trend chart]
A long-term downtrend had started on September 30, 2024 at 68.78 and reached 58.90 on April 7, 2025. FXA lost 9.88 points, or 14.36%, in 27 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (56.87) 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 FXA medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 58.90 and reached 64.74 on June 5, 2025. FXA gained -5.84 points, or -9.92%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 64.11 and resistance is at 65.00. 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 medium-term trend.

Weekly Technical Indicators: [See FXA weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 weekly MACD line is above its signal line since April 11, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FXA short-term trend chart]
A short-term uptrend had started on May 12, 2025 at 62.97 and reached 64.74 on June 5, 2025. FXA gained -1.77 points, or -2.81%, in 24 days. The chart has formed a Rising Wedge chart pattern.

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

The daily MACD line is above its signal line since June 3, 2025. 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.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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) 49.26
Williams' Percentage Range (W%R) 44.60
Lane's Stochastic (%D-Slow) 78.09
Greed/Fear Indicator (GFI) 60.91
Moving Average Converg./Diverg. (MACD) 0.30
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.62
Williams' Percentage Range (W%R) 10.60
Overbought
Lane's Stochastic (%D-Slow) 90.96
Strong Overbought
Greed/Fear Indicator (GFI) 77.83
Moving Average Converg./Diverg. (MACD) -0.28
Trading Signals
Description Value Chart
Weekly Trendline Resistance 65.00
Upper Bollinger Band 64.86
Parabolic System 64.80
Weekly Stochastic Crossing 64.60
Daily Stochastic Crossing 64.58
Price 64.34
Weekly Trendline Support 64.11
20 Day Moving Average 64.10
Lower Bollinger Band 63.38
50 Day Moving Average 63.34
Monthly Trendline Resistance 59.07
Monthly Trendline Support 56.87
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 62.97
Low Date 05/12/2025
High 64.74
High Date 06/05/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 65.00
Support 64.11
Low 58.90
Low Date 04/07/2025
High 64.74
High Date 06/05/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 59.07
Support 56.87
High 68.78
High Date 09/30/2024
Low 58.90
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 70.66
High Date 02/01/2023
Low 58.90
Low Date 04/07/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 110.99
High Date 07/27/2011
Low 57.50
Low Date 03/18/2020
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.