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.

Archive
- 10/31/2025 -
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iShares Russell 2000 Index (IWM) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergence
Daily :The price has fallen below the Parabolic SARBearish Downside Tasuki Gap CandlestickThe price is close to the moving average in the center of the Bollinger Bands
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It was the negative week for the iShares Russell 2000 Index (IWM). During the week, the IWM dropped -3.20 points, or -1.28%, and closed at 246.23 on Friday, October 31, 2025. Weekly volume was 21% above average.

Long-term trend: [See IWM long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 34.26 and reached 252.77 on October 15, 2025. IWM gained -218.51 points, or -637.80%, in 866 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 178.63 and resistance is at 254.79. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See IWM medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 171.70 and reached 252.77 on October 15, 2025. IWM gained -81.07 points, or -47.22%, in 27 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 244.68 and resistance is at 256.60. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See IWM weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See IWM short-term trend chart]
A short-term uptrend had started on October 14, 2025 at 240.36 and reached 252.77 on October 15, 2025. IWM gained -12.41 points, or -5.16%, in 1 days. The price is now at the 52.70% retracement level.

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

The daily MACD line is below its signal line since October 28, 2025. The distance between MACD and the signal line is low, but getting bigger.

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.

The price is close to 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 IWM candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.51
Williams' Percentage Range (W%R) 51.10
Lane's Stochastic (%D-Slow) 57.51
Greed/Fear Indicator (GFI) 52.96
Moving Average Converg./Diverg. (MACD) 2.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.42
Williams' Percentage Range (W%R) 16.90
Overbought
Lane's Stochastic (%D-Slow) 82.04
Overbought Bearish
Greed/Fear Indicator (GFI) 75.04
Moving Average Converg./Diverg. (MACD) 7.29 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 256.60
Yearly Trendline Resistance 254.79
Parabolic System 253.02
Upper Bollinger Band 251.29
Weekly Stochastic Crossing 249.39
Daily Stochastic Crossing 246.72
Price 246.23
20 Day Moving Average 246.16
Monthly Trendline Support 244.68
50 Day Moving Average 241.91
Lower Bollinger Band 240.02
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 240.36
Low Date 10/14/2025
High 252.77
High Date 10/15/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 212.34
Low Date 08/01/2025
High 252.77
High Date 10/15/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 256.60
Support 244.68
Low 171.70
Low Date 04/07/2025
High 252.77
High Date 10/15/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 161.67
Low Date 10/27/2023
High 252.77
High Date 10/15/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 254.79
Support 178.63
Low 34.26
Low Date 03/09/2009
High 252.77
High Date 10/15/2025
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.