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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- 4/10/2026 -
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Genuine Parts (GPC) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is oversoldBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaBearish Dark Cloud Cover CandlestickThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Genuine Parts (GPC). During the week, the GPC gained 4.04 points, or 3.90%, and closed at 107.51 on Friday, April 10, 2026. Weekly volume was 31% above average.

Long-term trend: [See GPC long-term trend chart]
A long-term downtrend had started on December 2, 2022 at 187.73 and reached 96.08 on March 20, 2026. GPC lost 91.65 points, or 48.82%, in 172 weeks. The price is now at the 12.47% retracement level.

Medium-term trend: [See GPC medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 151.57 and reached 96.08 on March 20, 2026. GPC lost 55.49 points, or 36.61%, in 5 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (97.14) 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. GPC 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 GPC weekly technical indicators chart]
Weekly Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since February 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See GPC short-term trend chart]
A short-term uptrend had started on April 6, 2026 at 102.28 and reached 109.53 on April 10, 2026. GPC gained -7.25 points, or -7.09%, in 4 days. The price is now at the 27.86% retracement level.

Daily Technical Indicators: [See GPC daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since March 24, 2026. This is an indication that the short-term trend is up.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Candlestick pattern: [See GPC candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.99
Williams' Percentage Range (W%R) 2.20
Strong Overbought
Lane's Stochastic (%D-Slow) 75.23
Greed/Fear Indicator (GFI) 82.69
Overbought
Moving Average Converg./Diverg. (MACD) -3.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.16
Williams' Percentage Range (W%R) 76.30
Lane's Stochastic (%D-Slow) 9.77
Strong Oversold
Greed/Fear Indicator (GFI) 24.61
Moving Average Converg./Diverg. (MACD) -2.96
Trading Signals
Description Value Chart
50 Day Moving Average 118.26
Upper Bollinger Band 112.76
Daily Stochastic Crossing 107.63
Price 107.51
20 Day Moving Average 103.97
Parabolic System 103.59
Weekly Stochastic Crossing 102.53
Lower Bollinger Band 101.39
Quarterly Trendline Resistance 100.65
Quarterly Trendline Support 97.14
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 4
Industry Specialty Stores 31
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 102.28
Low Date 04/06/2026
High 109.53
High Date 04/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.28
Low Date 04/06/2026
High 109.53
High Date 04/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 96.08
Low Date 03/20/2026
High 109.53
High Date 04/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 100.65
Support 97.14
High 151.57
High Date 02/12/2026
Low 96.08
Low Date 03/20/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 187.73
High Date 12/02/2022
Low 96.08
Low Date 03/20/2026
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.