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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- 5/15/2026 -
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Linens 'n Things Inc. (LIN) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken trend support lineWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtStochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice has crossed above 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 Linens 'n Things Inc. (LIN). During the week, the LIN gained 12.95 points, or 2.63%, and closed at 506.11 on Friday, May 15, 2026. Weekly volume was -14% below average.

Long-term trend: [See LIN long-term trend chart]
A long-term uptrend had started on September 27, 2022 at 262.47 and reached 521.28 on May 1, 2026. LIN gained -258.81 points, or -98.61%, in 187 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The uptrend resistance line (384.93) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 LIN medium-term trend chart]
A medium-term uptrend had started on December 8, 2025 at 387.78 and reached 521.28 on May 1, 2026. LIN gained -133.50 points, or -34.43%, in 20 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (532.01) 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 medium-term trend.

Weekly Technical Indicators: [See LIN 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 January 9, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See LIN short-term trend chart]
A short-term uptrend had started on May 5, 2026 at 490.40 and reached 517.01 on May 15, 2026. LIN gained -26.61 points, or -5.43%, in 10 days. The price is now at the 40.96% retracement level.

Daily Technical Indicators: [See LIN daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 46.95
Williams' Percentage Range (W%R) 14.60
Overbought
Lane's Stochastic (%D-Slow) 61.17
Greed/Fear Indicator (GFI) 64.51
Moving Average Converg./Diverg. (MACD) 2.11
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.80
Williams' Percentage Range (W%R) 4.50
Strong Overbought
Lane's Stochastic (%D-Slow) 71.57
Greed/Fear Indicator (GFI) 73.26
Moving Average Converg./Diverg. (MACD) 12.25
Trading Signals
Description Value Chart
Quarterly Trendline Support 532.01
Quarterly Trendline Resistance 523.64
Upper Bollinger Band 515.88
Daily Stochastic Crossing 508.38
Weekly Stochastic Crossing 506.84
Price 506.11
20 Day Moving Average 503.14
50 Day Moving Average 497.20
Monthly Trendline Support 495.36
Parabolic System 493.72
Yearly Trendline Resistance 492.20
Lower Bollinger Band 489.75
Monthly Trendline Resistance 467.58
Sector and Industry
Description Name Rank
Sector Materials 6
Industry Industrial Gases 115
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 492.26
Low Date 05/08/2026
High 517.01
High Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 490.40
Low Date 05/05/2026
High 517.01
High Date 05/15/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 467.58
Support 495.36
High 521.28
High Date 05/01/2026
Low 490.40
Low Date 05/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 523.64
Support 532.01
Low 387.78
Low Date 12/08/2025
High 521.28
High Date 05/01/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Broken Resistance
Resistance 492.20
Support 384.93
Low 262.47
Low Date 09/27/2022
High 521.28
High Date 05/01/2026
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.