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Uptrend Broken SupportArchive - 7/2/2026 - Sign In to see current Signals. |
Block H&R (HRB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the Block H&R (HRB). During the week, the HRB gained 2.82 points, or 7.58%, and closed at 40.04 on Thursday, July 2, 2026. On Thursday HRB has reached 40.17 - the highest level since January 30, 2026. HRB was trading at average weekly trading volume.
Long-term trend: [See HRB long-term trend chart] A long-term uptrend had started on March 23, 2020 at 11.29 and reached 68.45 on August 16, 2024. HRB gained -57.16 points, or -506.29%, in 229 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (45.95) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
Medium-term trend: [See HRB medium-term trend chart] A medium-term downtrend had started on August 16, 2024 at 68.45 and reached 28.16 on February 12, 2026. HRB lost 40.29 points, or 58.86%, in 77 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 19.43 and resistance is at 58.53. 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 medium-term trend.
Weekly Technical Indicators: [See HRB weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly 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 weekly MACD line is above its signal line since April 10, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See HRB short-term trend chart] A short-term uptrend had started on June 22, 2026 at 33.56 and reached 40.20 on July 1, 2026. HRB gained -6.64 points, or -19.79%, in 9 days. Price is near the trend high.
Daily Technical Indicators: [See HRB daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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