The Greedy Trader Weekly Analysis
Sign In May 2, 2025
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 4/25/2025 -
Sign In to see current Signals.

Live Natio (LYV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtPrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Live Natio (LYV). During the week, the LYV gained 5.54 points, or 4.35%, and closed at 132.76 on Friday, April 25, 2025. LYV was trading at average weekly trading volume.

LYV is a member of Communication Services Sector. Communication Services 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 LYV long-term trend chart]
A long-term uptrend had started on March 24, 2023 at 64.32 and reached 157.50 on February 24, 2025. LYV gained -93.18 points, or -144.87%, in 100 weeks. The price is now at the 26.55% retracement level.

Medium-term trend: [See LYV medium-term trend chart]
A medium-term downtrend had started on February 24, 2025 at 157.50 and reached 112.90 on March 13, 2025. LYV lost 44.60 points, or 28.32%, in 2 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (113.43) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LYV may retest the broken resistance line. It is considered to be a support line now. 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 LYV weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See LYV short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 122.08 and reached 134.54 on April 23, 2025. LYV gained -12.46 points, or -10.21%, in 2 days. The price is now at the 14.29% retracement level.

Daily Technical Indicators: [See LYV daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily 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 daily MACD line is above its signal line since April 8, 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 65.70
Williams' Percentage Range (W%R) 9.60
Strong Overbought
Lane's Stochastic (%D-Slow) 70.52
Greed/Fear Indicator (GFI) 75.53
Moving Average Converg./Diverg. (MACD) -0.69
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.21
Williams' Percentage Range (W%R) 55.60
Lane's Stochastic (%D-Slow) 32.83
Greed/Fear Indicator (GFI) 41.39
Moving Average Converg./Diverg. (MACD) 5.67
Trading Signals
Description Value Chart
Upper Bollinger Band 137.42
Price 132.76
50 Day Moving Average 131.87
Daily Stochastic Crossing 131.86
20 Day Moving Average 127.83
Weekly Stochastic Crossing 123.91
Quarterly Trendline Resistance 121.35
Parabolic System 120.89
Lower Bollinger Band 119.60
Quarterly Trendline Support 113.43
Sector and Industry
Description Name Rank
Sector Communication Services 9
Industry Movies & Entertainment 63
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 122.08
Low Date 04/21/2025
High 134.54
High Date 04/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 113.20
Low Date 04/07/2025
High 134.54
High Date 04/23/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 112.90
Low Date 03/13/2025
High 134.80
High Date 04/02/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 121.35
Support 113.43
High 157.50
High Date 02/24/2025
Low 112.90
Low Date 03/13/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.32
Low Date 03/24/2023
High 157.50
High Date 02/24/2025
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.