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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- 8/22/2025 -
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Carmax Inc (KMX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :Lane's Stochastic bearish divergenceThe price moved above the moving average in the center of the Bollinger Bands
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It was a second positive week after 5 consecutive negative weeks for the Carmax Inc (KMX). During the week, the KMX gained 2.30 points, or 3.98%, and closed at 60.06 on Friday, August 22, 2025. KMX was trading at average weekly trading volume.

KMX is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought 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 KMX long-term trend chart]
A long-term downtrend had started on December 19, 2024 at 91.25 and reached 54.53 on August 4, 2025. KMX lost 36.72 points, or 40.24%, in 32 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 51.87 and resistance is at 67.14. 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 KMX medium-term trend chart]
A medium-term downtrend had started on July 3, 2025 at 71.99 and reached 54.53 on August 4, 2025. KMX lost 17.46 points, or 24.25%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (57.10) 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 medium-term trend.

Weekly Technical Indicators: [See KMX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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 weekly MACD line is below its signal line since July 11, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See KMX short-term trend chart]
A short-term uptrend had started on August 4, 2025 at 54.53 and reached 60.46 on August 22, 2025. KMX gained -5.93 points, or -10.87%, in 18 days. The price is now at the 6.75% retracement level.

Daily Technical Indicators: [See KMX daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since August 12, 2025. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.13
Williams' Percentage Range (W%R) 44.50
Lane's Stochastic (%D-Slow) 73.57
Bearish
Greed/Fear Indicator (GFI) 66.74
Moving Average Converg./Diverg. (MACD) -1.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.92
Williams' Percentage Range (W%R) 86.50
Oversold
Lane's Stochastic (%D-Slow) 11.31
Oversold
Greed/Fear Indicator (GFI) 24.21
Moving Average Converg./Diverg. (MACD) -3.84
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 67.14
50 Day Moving Average 62.38
Upper Bollinger Band 61.93
Price 60.06
Daily Stochastic Crossing 59.25
20 Day Moving Average 57.39
Parabolic System 57.32
Monthly Trendline Support 57.10
Weekly Stochastic Crossing 56.63
Lower Bollinger Band 55.45
Quarterly Trendline Support 51.87
Monthly Trendline Resistance 50.45
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 10
Industry Specialty Stores 79
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 56.82
Low Date 08/20/2025
High 60.46
High Date 08/22/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 54.53
Low Date 08/04/2025
High 60.46
High Date 08/22/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 50.45
Support 57.10
High 71.99
High Date 07/03/2025
Low 54.53
Low Date 08/04/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 67.14
Support 51.87
High 91.25
High Date 12/19/2024
Low 54.53
Low Date 08/04/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 155.98
High Date 11/08/2021
Low 52.10
Low Date 12/22/2022
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.