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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- 4/17/2026 -
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The Hershey Company (HSY) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance line
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the The Hershey Company (HSY). During the week, the HSY dropped -9.68 points, or -4.78%, and closed at 192.63 on Friday, April 17, 2026. Weekly volume was 38% above average.

HSY is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See HSY long-term trend chart]
A long-term downtrend had started on May 1, 2023 at 276.88 and reached 140.10 on February 5, 2025. HSY lost 136.78 points, or 49.40%, in 92 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (98.61) 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 HSY medium-term trend chart]
A medium-term uptrend had started on February 5, 2025 at 140.10 and reached 239.48 on March 2, 2026. HSY gained -99.38 points, or -70.94%, in 55 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 174.58 and resistance is at 209.29. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since April 2, 2026. Use the following link to access a MACD help.

Short-term trend: [See HSY short-term trend chart]
A short-term downtrend had started on March 2, 2026 at 239.48 and reached 189.65 on April 17, 2026. HSY lost 49.83 points, or 20.81%, in 46 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 187.96 and resistance is at 208.29. 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 short-term trend.

Daily Technical Indicators: [See HSY daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since March 3, 2026. This is an indication that the short-term trend is down.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.68
Williams' Percentage Range (W%R) 98.10
Strong Oversold
Lane's Stochastic (%D-Slow) 8.77
Strong Oversold
Greed/Fear Indicator (GFI) 11.77
Oversold
Moving Average Converg./Diverg. (MACD) -4.38
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.36
Williams' Percentage Range (W%R) 77.20
Lane's Stochastic (%D-Slow) 34.61
Greed/Fear Indicator (GFI) 35.50
Moving Average Converg./Diverg. (MACD) 9.00
Trading Signals
Description Value Chart
Upper Bollinger Band 220.52
50 Day Moving Average 217.18
Quarterly Trendline Resistance 209.29
Weekly Trendline Resistance 208.29
Parabolic System 206.14
20 Day Moving Average 206.02
Weekly Stochastic Crossing 204.34
Price 192.63
Daily Stochastic Crossing 191.78
Lower Bollinger Band 189.04
Weekly Trendline Support 187.96
Quarterly Trendline Support 174.58
Sector and Industry
Description Name Rank
Sector Consumer Staples 1
Industry Packaged Foods & Meats 13
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 211.09
High Date 04/10/2026
Low 189.65
Low Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 208.29
Support 187.96
High 239.48
High Date 03/02/2026
Low 189.65
Low Date 04/17/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 161.43
Low Date 11/03/2025
High 239.48
High Date 03/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 209.29
Support 174.58
Low 140.10
Low Date 02/05/2025
High 239.48
High Date 03/02/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 91.96
Support 98.61
High 276.88
High Date 05/01/2023
Low 140.10
Low Date 02/05/2025
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.