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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
- 11/21/2025 -
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McCormick & Co. (MKC) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineTrend resistance at 68.12
Daily :Bearish Deliberation CandlestickPrice 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 third consecutive positive week for the McCormick & Co. (MKC). During the week, the MKC gained 2.83 points, or 4.33%, and closed at 68.16 on Friday, November 21, 2025. Weekly volume was 28% above average.

Long-term trend: [See MKC long-term trend chart]
A long-term downtrend had started on March 10, 2025 at 86.24 and reached 63.15 on October 31, 2025. MKC lost 23.09 points, or 26.77%, in 33 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (61.62) 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 MKC medium-term trend chart]
A medium-term uptrend had started on October 31, 2025 at 63.15 and reached 68.88 on November 21, 2025. MKC gained -5.73 points, or -9.07%, in 3 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (68.12). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See MKC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since April 4, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See MKC short-term trend chart]
A short-term uptrend had started on November 18, 2025 at 64.15 and reached 68.88 on November 21, 2025. MKC gained -4.73 points, or -7.37%, in 3 days. The price is now at the 15.22% retracement level.

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

The daily MACD line is above its signal line since November 10, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

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.

Candlestick pattern: [See MKC candlestick chart pattern]
On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.91
Williams' Percentage Range (W%R) 20.20
Lane's Stochastic (%D-Slow) 70.23
Greed/Fear Indicator (GFI) 73.96
Moving Average Converg./Diverg. (MACD) -0.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.84
Williams' Percentage Range (W%R) 66.00
Lane's Stochastic (%D-Slow) 32.78
Greed/Fear Indicator (GFI) 38.35
Moving Average Converg./Diverg. (MACD) -2.37
Trading Signals
Description Value Chart
Upper Bollinger Band 68.46
Price 68.16
Monthly Trendline Resistance 68.12
Daily Stochastic Crossing 67.90
50 Day Moving Average 66.02
20 Day Moving Average 65.31
Quarterly Trendline Resistance 65.16
Weekly Stochastic Crossing 64.96
Parabolic System 64.47
Monthly Trendline Support 64.39
Lower Bollinger Band 63.37
Quarterly Trendline Support 61.62
Sector and Industry
Description Name Rank
Sector Consumer Staples 4
Industry Packaged Foods & Meats 55
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 64.15
Low Date 11/18/2025
High 68.88
High Date 11/21/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.15
Low Date 11/18/2025
High 68.88
High Date 11/21/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 68.12
Support 64.39
Low 63.15
Low Date 10/31/2025
High 68.88
High Date 11/21/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 65.16
Support 61.62
High 86.24
High Date 03/10/2025
Low 63.15
Low Date 10/31/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 211.07
High Date 09/03/2020
Low 59.13
Low Date 10/12/2023
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.