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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- 6/12/2026 -
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Genuine Parts (GPC) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtThe price has fallen below the Parabolic SARPrice is close to the 50 Day Moving AverageThe 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 5.60 points, or 5.71%, and closed at 103.75 on Friday, June 12, 2026. It was the best weekly gain since April 17, 2026. GPC was trading at average weekly trading volume.

Long-term trend: [See GPC long-term trend chart]
A long-term downtrend had started on December 2, 2022 at 187.73 and reached 90.78 on May 20, 2026. GPC lost 96.95 points, or 51.64%, in 180 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 85.71 and resistance is at 136.84. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See GPC medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 151.57 and reached 90.78 on May 20, 2026. GPC lost 60.79 points, or 40.11%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (88.76) 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 technical indicators are neutral.

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 low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 June 11, 2026 at 102.43 and reached 103.83 on June 12, 2026. GPC gained -1.40 points, or -1.37%, in 1 days. The price is now at the 5.71% 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. 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 Williams' Percentage Range help.

The daily MACD line is above its signal line since May 26, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

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.

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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.69
Williams' Percentage Range (W%R) 4.70
Strong Overbought
Lane's Stochastic (%D-Slow) 70.52
Greed/Fear Indicator (GFI) 77.18
Moving Average Converg./Diverg. (MACD) -1.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.89
Williams' Percentage Range (W%R) 79.50
Lane's Stochastic (%D-Slow) 25.26
Greed/Fear Indicator (GFI) 32.44
Moving Average Converg./Diverg. (MACD) -6.80
Trading Signals
Description Value Chart
Upper Bollinger Band 105.16
Price 103.75
50 Day Moving Average 103.06
Daily Stochastic Crossing 102.53
20 Day Moving Average 97.75
Weekly Stochastic Crossing 97.57
Parabolic System 96.29
Lower Bollinger Band 94.26
Quarterly Trendline Resistance 88.78
Quarterly Trendline Support 88.76
Yearly Trendline Support 85.71
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Specialty Stores 23
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 102.43
Low Date 06/11/2026
High 103.83
High Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.43
Low Date 06/11/2026
High 103.83
High Date 06/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 90.78
Low Date 05/20/2026
High 103.83
High Date 06/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 88.78
Support 88.76
High 151.57
High Date 02/12/2026
Low 90.78
Low Date 05/20/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 136.84
Support 85.71
High 187.73
High Date 12/02/2022
Low 90.78
Low Date 05/20/2026
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.