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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.

Archive
- 8/21/2026 -
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CurrencyShares Japanese Yen Trust (FXY) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Daily  MACD line has moved below its signal lineA Parabolic SAR indicator is above and near the price
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It was a first positive week for the CurrencyShares Japanese Yen Trust (FXY). During the week, the FXY climbed 0.12 points, or 0.21%, and closed at 57.70 on Friday, August 21, 2026. Weekly volume was -13% below average.

Long-term trend: [See FXY long-term trend chart]
A long-term downtrend had started on April 21, 2025 at 65.64 and reached 55.96 on July 23, 2026. FXY lost 9.68 points, or 14.75%, in 65 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (55.86) 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 FXY medium-term trend chart]
A medium-term uptrend had started on July 23, 2026 at 55.96 and reached 58.72 on August 3, 2026. FXY gained -2.76 points, or -4.93%, in 1 weeks. The chart has formed a Falling Wedge chart pattern. The uptrend resistance line (57.25) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 FXY weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since July 31, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FXY short-term trend chart]
A short-term uptrend had started on August 18, 2026 at 57.44 and reached 58.06 on August 19, 2026. FXY gained -0.62 points, or -1.08%, in 1 days. The price is now at the 58.06% retracement level.

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

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

A Parabolic SAR (stop and reversal) indicator (57.62) comes close to the price (57.70). 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) 35.71
Williams' Percentage Range (W%R) 34.90
Lane's Stochastic (%D-Slow) 30.98
Greed/Fear Indicator (GFI) 43.93
Moving Average Converg./Diverg. (MACD) 0.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.58
Williams' Percentage Range (W%R) 37.30
Lane's Stochastic (%D-Slow) 47.77
Greed/Fear Indicator (GFI) 53.77
Moving Average Converg./Diverg. (MACD) -0.61
Trading Signals
Description Value Chart
Upper Bollinger Band 58.83
Price 57.70
Daily Stochastic Crossing 57.67
Parabolic System 57.62
Weekly Stochastic Crossing 57.59
20 Day Moving Average 57.53
Weekly Trendline Support 57.25
Weekly Trendline Resistance 57.24
50 Day Moving Average 57.00
Monthly Trendline Resistance 56.81
Lower Bollinger Band 56.11
Monthly Trendline Support 55.86
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 57.44
Low Date 08/18/2026
High 58.06
High Date 08/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 57.24
Support 57.25
Low 55.96
Low Date 07/23/2026
High 58.72
High Date 08/03/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 56.81
Support 55.86
High 65.64
High Date 04/21/2025
Low 55.96
Low Date 07/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 65.88
High Date 09/16/2024
Low 55.96
Low Date 07/23/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 96.75
High Date 08/18/2016
Low 55.96
Low Date 07/23/2026
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.