The Greedy Trader Weekly Analysis
Sign In Aug 28, 2026
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
- 8/21/2026 -
Sign In to see current Signals.

Advanced Micro Devices (AMD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageMACD bullish divergenceThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Advanced Micro Devices (AMD). During the week, the AMD dropped -41.14 points, or -8.00%, and closed at 473.25 on Friday, August 21, 2026. Weekly volume was -55% below average.

Long-term trend: [See AMD long-term trend chart]
A long-term uptrend had started on November 16, 2012 at 1.81 and reached 584.73 on June 30, 2026. AMD gained -582.92 points, or -32205.52%, in 710 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (92.59) 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 long-term trend.

Medium-term trend: [See AMD medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 76.48 and reached 584.73 on June 30, 2026. AMD gained -508.25 points, or -664.55%, in 64 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 253.24 and resistance is at 649.98. 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 medium-term trend.

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

The weekly MACD line is below its signal line since July 31, 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 AMD short-term trend chart]
A short-term uptrend had started on July 29, 2026 at 424.03 and reached 530.13 on August 4, 2026. AMD gained -106.10 points, or -25.02%, in 6 days. The chart has formed a Symmetric Triangle chart pattern.

Daily Technical Indicators: [See AMD daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

During the last week, the price has declined below 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 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) 47.11
Williams' Percentage Range (W%R) 50.50
Lane's Stochastic (%D-Slow) 32.81
Greed/Fear Indicator (GFI) 43.12
Moving Average Converg./Diverg. (MACD) -6.88 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.06
Williams' Percentage Range (W%R) 27.90
Lane's Stochastic (%D-Slow) 42.28
Greed/Fear Indicator (GFI) 54.49
Moving Average Converg./Diverg. (MACD) 72.60
Trading Signals
Description Value Chart
Upper Bollinger Band 526.97
50 Day Moving Average 510.23
Parabolic System 509.21
20 Day Moving Average 481.12
Weekly Stochastic Crossing 480.31
Price 473.25
Daily Stochastic Crossing 472.40
Lower Bollinger Band 449.93
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Semiconductors 23
Daily Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Low 424.03
Low Date 07/29/2026
High 530.13
High Date 08/04/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 584.73
High Date 06/30/2026
Low 424.03
Low Date 07/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 188.22
Low Date 03/03/2026
High 584.73
High Date 06/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 649.98
Support 253.24
Low 76.48
Low Date 04/08/2025
High 584.73
High Date 06/30/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 295.10
Support 92.59
Low 1.81
Low Date 11/16/2012
High 584.73
High Date 06/30/2026
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.