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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- 2/20/2026 -
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LyondellBasell (LYB) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtStochastic has declined below the signal lineBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice is near the Fibonacci 38.2% retracement level
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It was the negative week for the LyondellBasell (LYB). During the week, the LYB dropped -0.94 points, or -1.63%, and closed at 56.67 on Friday, February 20, 2026. Weekly volume was 29% above average.

LYB is a member of Materials Sector. Materials 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 LYB long-term trend chart]
A long-term downtrend had started on May 8, 2024 at 107.02 and reached 41.58 on November 10, 2025. LYB lost 65.44 points, or 61.15%, in 78 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (33.33) 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 LYB medium-term trend chart]
A medium-term uptrend had started on November 10, 2025 at 41.58 and reached 60.33 on February 12, 2026. LYB gained -18.75 points, or -45.09%, in 13 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 42.53 and resistance is at 61.60. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See LYB weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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. 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 Lane's Stochastic help.

The weekly MACD line is above its signal line since November 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See LYB short-term trend chart]
A short-term downtrend had started on February 12, 2026 at 60.33 and reached 54.27 on February 20, 2026. LYB lost 6.06 points, or 10.04%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See LYB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

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) 67.13
Williams' Percentage Range (W%R) 44.70
Lane's Stochastic (%D-Slow) 45.42
Greed/Fear Indicator (GFI) 55.95
Moving Average Converg./Diverg. (MACD) 2.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.70
Williams' Percentage Range (W%R) 32.20
Lane's Stochastic (%D-Slow) 82.26
Overbought
Greed/Fear Indicator (GFI) 69.74
Moving Average Converg./Diverg. (MACD) -2.76
Trading Signals
Description Value Chart
Monthly Trendline Resistance 61.60
Upper Bollinger Band 60.59
Parabolic System 60.39
Weekly Stochastic Crossing 57.10
Price 56.67
Daily Stochastic Crossing 56.58
20 Day Moving Average 54.17
50 Day Moving Average 49.21
Lower Bollinger Band 47.95
Quarterly Trendline Resistance 45.95
Sector and Industry
Description Name Rank
Sector Materials 11
Industry Specialty Chemicals 87
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 60.33
High Date 02/12/2026
Low 54.27
Low Date 02/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.01
Low Date 12/16/2025
High 60.33
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 61.60
Support 42.53
Low 41.58
Low Date 11/10/2025
High 60.33
High Date 02/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 45.95
Support 33.33
High 107.02
High Date 05/08/2024
Low 41.58
Low Date 11/10/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 118.02
High Date 06/03/2021
Low 41.58
Low Date 11/10/2025
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.