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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- 8/28/2026 -
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Berkshire (BRK.B) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :Stochastic has raised above the signal lineA Parabolic SAR indicator is below and near the pricePrice has crossed above the 50 Day Moving AveragePrice is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Berkshire (BRK.B). During the week, the BRK.B gained 9.18 points, or 1.85%, and closed at 505.00 on Friday, August 28, 2026. Weekly volume was -14% below average.

BRK.B is a member of Financials Sector. Financials 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 BRK.B long-term trend chart]
A long-term downtrend had started on May 2, 2025 at 542.07 and reached 455.19 on August 4, 2025. BRK.B lost 86.88 points, or 16.03%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (468.67) 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 BRK.B medium-term trend chart]
A medium-term downtrend had started on November 28, 2025 at 516.85 and reached 464.01 on April 16, 2026. BRK.B lost 52.84 points, or 10.22%, in 19 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (455.37) 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 medium-term trend.

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

The weekly MACD line is above its signal line since June 5, 2026. Use the following link to access a MACD help.

Short-term trend: [See BRK.B short-term trend chart]
A short-term downtrend had started on August 10, 2026 at 537.74 and reached 495.68 on August 21, 2026. BRK.B lost 42.06 points, or 7.82%, in 11 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See BRK.B 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. 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 daily MACD line is below its signal line since August 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (509.35) comes close to the price (505.00). It indicates that the trend is getting weaker. 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 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.66
Williams' Percentage Range (W%R) 78.10
Lane's Stochastic (%D-Slow) 63.95
Greed/Fear Indicator (GFI) 37.85
Moving Average Converg./Diverg. (MACD) 0.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.27
Williams' Percentage Range (W%R) 44.50
Lane's Stochastic (%D-Slow) 59.91
Greed/Fear Indicator (GFI) 57.37
Moving Average Converg./Diverg. (MACD) 2.72
Trading Signals
Description Value Chart
Monthly Trendline Resistance 546.18
Upper Bollinger Band 523.45
Weekly Stochastic Crossing 513.36
Parabolic System 509.35
20 Day Moving Average 508.91
Price 505.00
Daily Stochastic Crossing 503.47
50 Day Moving Average 501.70
Quarterly Trendline Resistance 497.18
Monthly Trendline Support 492.81
Lower Bollinger Band 485.96
Yearly Trendline Resistance 484.32
Yearly Trendline Support 468.67
Quarterly Trendline Support 455.37
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Multi-Sector Holdings 56
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 495.68
Low Date 08/21/2026
High 506.70
High Date 08/26/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 537.74
High Date 08/10/2026
Low 495.68
Low Date 08/21/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 546.18
Support 492.81
Low 464.01
Low Date 04/16/2026
High 537.74
High Date 08/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 497.18
Support 455.37
High 516.85
High Date 11/28/2025
Low 464.01
Low Date 04/16/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 484.32
Support 468.67
High 542.07
High Date 05/02/2025
Low 455.19
Low Date 08/04/2025
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.