The Greedy Trader Weekly Analysis
Sign In Jul 17, 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
- 7/10/2026 -
Sign In to see current Signals.

Salesforce.com (CRM) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineLane's Stochastic is oversoldWeekly  MACD line has moved above its signal line
Daily :The 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 Salesforce.com (CRM). During the week, the CRM dropped -2.79 points, or -1.68%, and closed at 163.32 on Friday, July 10, 2026. CRM was trading at average weekly trading volume.

Long-term trend: [See CRM long-term trend chart]
A long-term downtrend had started on December 4, 2024 at 369.00 and reached 146.32 on June 22, 2026. CRM lost 222.68 points, or 60.35%, in 80 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (214.44) is broken. Usually a broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See CRM medium-term trend chart]
A medium-term downtrend had started on December 29, 2025 at 269.11 and reached 146.32 on June 22, 2026. CRM lost 122.79 points, or 45.63%, in 25 weeks. The price is now at the 13.84% retracement level.

Weekly Technical Indicators: [See CRM weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See CRM short-term trend chart]
A short-term uptrend had started on June 22, 2026 at 146.32 and reached 172.38 on July 7, 2026. CRM gained -26.06 points, or -17.81%, in 15 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 156.98 and resistance is at 178.13. 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 short-term trend.

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

The daily MACD line is above its signal line since June 30, 2026. This is an indication that the short-term trend is up.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.53
Williams' Percentage Range (W%R) 26.00
Lane's Stochastic (%D-Slow) 71.12
Greed/Fear Indicator (GFI) 69.88
Moving Average Converg./Diverg. (MACD) -4.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.06
Williams' Percentage Range (W%R) 70.30
Lane's Stochastic (%D-Slow) 19.87
Oversold
Greed/Fear Indicator (GFI) 32.64
Moving Average Converg./Diverg. (MACD) -16.42
Trading Signals
Description Value Chart
Weekly Trendline Resistance 178.13
Upper Bollinger Band 176.65
50 Day Moving Average 172.89
Daily Stochastic Crossing 166.27
Price 163.32
20 Day Moving Average 160.09
Parabolic System 158.25
Weekly Trendline Support 156.98
Weekly Stochastic Crossing 156.65
Lower Bollinger Band 152.47
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Application Software 22
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 172.38
High Date 07/07/2026
Low 156.48
Low Date 07/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 178.13
Support 156.98
Low 146.32
Low Date 06/22/2026
High 172.38
High Date 07/07/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 211.34
High Date 06/01/2026
Low 146.32
Low Date 06/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 269.11
High Date 12/29/2025
Low 146.32
Low Date 06/22/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 202.56
Support 214.44
High 369.00
High Date 12/04/2024
Low 146.32
Low Date 06/22/2026
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.