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.

Archive
- 8/28/2026 -
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Apple Computer (AAPL) Technical Analysis

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Summary:
Weekly :Trend resistance at 326.81
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
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It was a second consecutive positive week for the Apple Computer (AAPL). During the week, the AAPL gained 10.35 points, or 3.35%, and closed at 319.70 on Friday, August 28, 2026. Weekly volume was -33% 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 344.57 on July 29, 2026. AAPL gained -220.40 points, or -177.50%, in 186 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (326.81). 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 long-term trend.

Medium-term trend: [See AAPL medium-term trend chart]
A medium-term uptrend had started on January 20, 2026 at 243.42 and reached 344.57 on July 29, 2026. AAPL gained -101.15 points, or -41.55%, in 27 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 250.08 and resistance is at 356.44. 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 AAPL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 14, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See AAPL short-term trend chart]
A short-term uptrend had started on July 31, 2026 at 300.00 and reached 322.37 on August 28, 2026. AAPL gained -22.37 points, or -7.46%, in 28 days. The price is now at the 11.94% retracement level.

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

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 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 64.31
Williams' Percentage Range (W%R) 25.30
Lane's Stochastic (%D-Slow) 60.86
Greed/Fear Indicator (GFI) 66.61
Moving Average Converg./Diverg. (MACD) -0.92
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.73
Williams' Percentage Range (W%R) 31.30
Lane's Stochastic (%D-Slow) 57.45
Greed/Fear Indicator (GFI) 59.30
Moving Average Converg./Diverg. (MACD) 13.48
Trading Signals
Description Value Chart
Monthly Trendline Resistance 356.44
Yearly Trendline Resistance 326.81
Weekly Stochastic Crossing 322.72
Upper Bollinger Band 321.62
Price 319.70
Daily Stochastic Crossing 316.79
50 Day Moving Average 312.00
20 Day Moving Average 309.86
Parabolic System 307.20
Lower Bollinger Band 304.08
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Technology Hardware, Storage & Peripherals 64
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 300.00
Low Date 07/31/2026
High 322.37
High Date 08/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 344.57
High Date 07/29/2026
Low 300.00
Low Date 07/31/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 356.44
Support 250.08
Low 243.42
Low Date 01/20/2026
High 344.57
High Date 07/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 169.20
Low Date 04/08/2025
High 344.57
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 326.81
Support 203.11
Low 124.17
Low Date 01/03/2023
High 344.57
High Date 07/29/2026
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.