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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- 4/10/2026 -
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Apple Computer (AAPL) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range is overboughtPrice is close to the 50 Day Moving AverageThe price has risen above the Parabolic SAR
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It was a third positive week after 4 consecutive negative weeks for the Apple Computer (AAPL). During the week, the AAPL gained 4.56 points, or 1.78%, and closed at 260.48 on Friday, April 10, 2026. Weekly volume was -27% below average.

Long-term trend: [See AAPL long-term trend chart]
A long-term uptrend had started on January 3, 2023 at 124.17 and reached 288.62 on December 3, 2025. AAPL gained -164.45 points, or -132.44%, in 152 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 195.17 and resistance is at 309.21. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See AAPL medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 169.20 and reached 288.62 on December 3, 2025. AAPL gained -119.42 points, or -70.58%, in 34 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (264.63) 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 AAPL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since January 2, 2026. Use the following link to access a MACD help.

Short-term trend: [See AAPL short-term trend chart]
A short-term downtrend had started on February 6, 2026 at 280.91 and reached 245.51 on March 30, 2026. AAPL lost 35.40 points, or 12.60%, in 52 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 242.00 and resistance is at 264.86. 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 short-term trend.

Daily Technical Indicators: [See AAPL 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. 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 March 30, 2026.

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.

Price is close to the 50 Day Moving Average. While 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) 67.47
Williams' Percentage Range (W%R) 13.20
Overbought
Lane's Stochastic (%D-Slow) 77.66
Greed/Fear Indicator (GFI) 77.29
Moving Average Converg./Diverg. (MACD) -1.64
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.35
Williams' Percentage Range (W%R) 63.40
Lane's Stochastic (%D-Slow) 27.60
Greed/Fear Indicator (GFI) 38.03
Moving Average Converg./Diverg. (MACD) 5.41
Trading Signals
Description Value Chart
Yearly Trendline Resistance 309.21
Monthly Trendline Resistance 273.37
Quarterly Trendline Resistance 273.37
Weekly Trendline Resistance 264.86
Quarterly Trendline Support 264.63
Upper Bollinger Band 264.13
50 Day Moving Average 260.88
Price 260.48
Daily Stochastic Crossing 258.40
20 Day Moving Average 253.29
Weekly Stochastic Crossing 252.90
Lower Bollinger Band 248.16
Parabolic System 246.90
Monthly Trendline Support 245.86
Weekly Trendline Support 242.00
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Technology Hardware, Storage & Peripherals 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 245.51
Low Date 03/30/2026
High 262.19
High Date 04/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 264.86
Support 242.00
High 280.91
High Date 02/06/2026
Low 245.51
Low Date 03/30/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Valid
Resistance 273.37
Support 245.86
High 288.62
High Date 12/03/2025
Low 243.42
Low Date 01/20/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 273.37
Support 264.63
Low 169.20
Low Date 04/08/2025
High 288.62
High Date 12/03/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 309.21
Support 195.17
Low 124.17
Low Date 01/03/2023
High 288.62
High Date 12/03/2025
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.