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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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- 9/25/2026 -
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iShares FTSE/Xinhua China 25 Index (FXI) Technical Analysis

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Summary:
Weekly :
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold area
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It was the negative week for the iShares FTSE/Xinhua China 25 Index (FXI). During the week, the FXI dropped -0.36 points, or -1.05%, and closed at 33.96 on Friday, September 25, 2026. Weekly volume was -39% below average.

Long-term trend: [See FXI long-term trend chart]
A long-term downtrend had started on October 2, 2025 at 42.00 and reached 31.19 on June 26, 2026. FXI lost 10.81 points, or 25.74%, in 38 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 28.26 and resistance is at 35.01. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.

Medium-term trend: [See FXI medium-term trend chart]
A medium-term uptrend had started on June 26, 2026 at 31.19 and reached 36.55 on July 30, 2026. FXI gained -5.36 points, or -17.18%, in 4 weeks. The price is now at the 48.32% retracement level.

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

The weekly MACD line is above its signal line since July 24, 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 FXI short-term trend chart]
A short-term downtrend had started on July 30, 2026 at 36.55 and reached 33.82 on September 16, 2026. FXI lost 2.73 points, or 7.47%, in 48 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.51 and resistance is at 35.47. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See FXI daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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 August 11, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.03
Williams' Percentage Range (W%R) 91.40
Strong Oversold
Lane's Stochastic (%D-Slow) 49.92
Greed/Fear Indicator (GFI) 29.86
Moving Average Converg./Diverg. (MACD) -0.21
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.79
Williams' Percentage Range (W%R) 60.70
Lane's Stochastic (%D-Slow) 51.41
Greed/Fear Indicator (GFI) 48.75
Moving Average Converg./Diverg. (MACD) -0.63
Trading Signals
Description Value Chart
Upper Bollinger Band 35.82
Weekly Trendline Resistance 35.47
Parabolic System 35.32
50 Day Moving Average 35.20
Weekly Stochastic Crossing 35.02
Quarterly Trendline Resistance 35.01
20 Day Moving Average 34.78
Daily Stochastic Crossing 34.39
Price 33.96
Lower Bollinger Band 33.57
Weekly Trendline Support 33.51
Quarterly Trendline Support 28.26
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 33.82
Low Date 09/16/2026
High 35.29
High Date 09/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 35.47
Support 33.51
High 36.55
High Date 07/30/2026
Low 33.82
Low Date 09/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.19
Low Date 06/26/2026
High 36.55
High Date 07/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 35.01
Support 28.26
High 42.00
High Date 10/02/2025
Low 31.19
Low Date 06/26/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 20.86
Low Date 01/22/2024
High 42.00
High Date 10/02/2025
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.