The Greedy Trader Weekly Analysis
Sign In Jun 26, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• 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
- 6/18/2026 -
Sign In to see current Signals.

Apple Computer (AAPL) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance line
Daily :Stochastic has raised above the signal lineThe price is close to 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 Apple Computer (AAPL). During the week, the AAPL gained 6.88 points, or 2.36%, and closed at 298.01 on Thursday, June 18, 2026. Weekly volume was 8% above average.

AAPL is a member of Information Technology Sector. Information Technology 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 AAPL long-term trend chart]
A long-term uptrend had started on January 3, 2023 at 124.17 and reached 317.40 on June 8, 2026. AAPL gained -193.23 points, or -155.62%, in 178 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 199.10 and resistance is at 317.92. 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 317.40 on June 8, 2026. AAPL gained -148.20 points, or -87.59%, in 60 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (270.26) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 AAPL 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. 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 May 1, 2026. This is an indication that the medium-term trend is up. 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 March 30, 2026 at 245.51 and reached 317.40 on June 8, 2026. AAPL gained -71.89 points, or -29.28%, in 70 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 294.03 and resistance is at 330.23. 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 short-term trend.

Daily Technical Indicators: [See AAPL daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since June 2, 2026.

The price is close to 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.07
Williams' Percentage Range (W%R) 64.30
Lane's Stochastic (%D-Slow) 29.21
Greed/Fear Indicator (GFI) 34.68
Moving Average Converg./Diverg. (MACD) 3.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.47
Williams' Percentage Range (W%R) 26.80
Lane's Stochastic (%D-Slow) 83.73
Overbought
Greed/Fear Indicator (GFI) 72.83
Moving Average Converg./Diverg. (MACD) 9.04
Trading Signals
Description Value Chart
Weekly Trendline Resistance 330.23
Monthly Trendline Resistance 320.92
Yearly Trendline Resistance 317.92
Upper Bollinger Band 314.00
Weekly Stochastic Crossing 307.50
Parabolic System 304.46
20 Day Moving Average 303.40
Price 298.01
Weekly Trendline Support 294.03
Daily Stochastic Crossing 292.29
50 Day Moving Average 288.74
Lower Bollinger Band 282.88
Quarterly Trendline Support 270.26
Quarterly Trendline Resistance 264.95
Monthly Trendline Support 247.95
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Technology Hardware, Storage & Peripherals 113
Daily Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
High 317.40
High Date 06/08/2026
Low 287.38
Low Date 06/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 330.23
Support 294.03
Low 245.51
Low Date 03/30/2026
High 317.40
High Date 06/08/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 320.92
Support 247.95
Low 243.42
Low Date 01/20/2026
High 317.40
High Date 06/08/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 264.95
Support 270.26
Low 169.20
Low Date 04/08/2025
High 317.40
High Date 06/08/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 317.92
Support 199.10
Low 124.17
Low Date 01/03/2023
High 317.40
High Date 06/08/2026
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.