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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- 7/10/2026 -
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Costco Co. (COST) Technical Analysis

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Summary:
Weekly :Oversold industryBroken trend support line - Downtrend exhaustionLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :Williams' Percentage Range is oversoldLane's Stochastic and MACD bullish divergence
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It was the negative week for the Costco Co. (COST). During the week, the COST dropped -35.42 points, or -3.72%, and closed at 916.25 on Friday, July 10, 2026. It was the worst weekly loss since May 29, 2026. Weekly volume was 7% above average.

COST is a member of Hypermarkets & Super Centers Industry. Hypermarkets & Super Centers is the eighth most oversold industry. 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 COST long-term trend chart]
A long-term uptrend had started on May 24, 2000 at 25.94 and reached 1096.50 on May 19, 2026. COST gained -1070.56 points, or -4127.06%, in 1355 weeks. The price is now at the 16.84% retracement level.

Medium-term trend: [See COST medium-term trend chart]
A medium-term downtrend had started on May 19, 2026 at 1096.50 and reached 907.21 on July 10, 2026. COST lost 189.29 points, or 17.26%, in 7 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (924.74) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 COST weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since May 29, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See COST short-term trend chart]
A short-term downtrend had started on July 7, 2026 at 969.00 and reached 907.21 on July 10, 2026. COST lost 61.79 points, or 6.38%, in 3 days. The price is now at the 14.63% retracement level.

Daily Technical Indicators: [See COST daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is below its signal line since July 8, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.04
Williams' Percentage Range (W%R) 92.60
Strong Oversold
Lane's Stochastic (%D-Slow) 40.78
Bullish
Greed/Fear Indicator (GFI) 28.74
Moving Average Converg./Diverg. (MACD) -13.87 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.00
Williams' Percentage Range (W%R) 96.50
Strong Oversold
Lane's Stochastic (%D-Slow) 15.78
Oversold
Greed/Fear Indicator (GFI) 21.57
Moving Average Converg./Diverg. (MACD) 10.55
Trading Signals
Description Value Chart
Upper Bollinger Band 990.39
50 Day Moving Average 985.50
Quarterly Trendline Resistance 962.16
Parabolic System 954.98
20 Day Moving Average 952.23
Weekly Stochastic Crossing 933.41
Daily Stochastic Crossing 929.40
Quarterly Trendline Support 924.74
Price 916.25
Lower Bollinger Band 911.87
Sector and Industry
Description Name Rank
Sector Consumer Staples 5
Industry Hypermarkets & Super Centers 8
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 969.00
High Date 07/07/2026
Low 907.21
Low Date 07/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 969.00
High Date 07/07/2026
Low 907.21
Low Date 07/10/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 997.41
High Date 06/05/2026
Low 907.21
Low Date 07/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 962.16
Support 924.74
High 1096.50
High Date 05/19/2026
Low 907.21
Low Date 07/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.94
Low Date 05/24/2000
High 1096.50
High Date 05/19/2026
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.