The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 6/12/2026 -
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llar Tree Inc. (DLTR) Technical Analysis

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Summary:
Weekly :Trend resistance at 119.66
Daily :Williams' Percentage Range is strongly overbought
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It was a first positive week for the llar Tree Inc. (DLTR). During the week, the DLTR gained 5.20 points, or 4.78%, and closed at 114.00 on Friday, June 12, 2026. Weekly volume was -39% below average.

Long-term trend: [See DLTR long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 177.19 and reached 60.49 on November 12, 2024. DLTR lost 116.70 points, or 65.86%, in 133 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (119.66). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See DLTR medium-term trend chart]
A medium-term uptrend had started on November 12, 2024 at 60.49 and reached 142.40 on January 15, 2026. DLTR gained -81.91 points, or -135.41%, in 61 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 103.20 and resistance is at 164.97. 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 DLTR weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See DLTR short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 85.88 and reached 116.88 on May 29, 2026. DLTR gained -31.00 points, or -36.10%, in 16 days. The price is now at the 9.29% retracement level.

Daily Technical Indicators: [See DLTR daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought 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 link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since May 18, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.74
Williams' Percentage Range (W%R) 4.50
Strong Overbought
Lane's Stochastic (%D-Slow) 60.11
Greed/Fear Indicator (GFI) 74.80
Moving Average Converg./Diverg. (MACD) 3.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.93
Williams' Percentage Range (W%R) 44.00
Lane's Stochastic (%D-Slow) 49.95
Greed/Fear Indicator (GFI) 52.77
Moving Average Converg./Diverg. (MACD) -1.94
Trading Signals
Description Value Chart
Monthly Trendline Resistance 127.57
Upper Bollinger Band 125.06
Yearly Trendline Resistance 119.66
Price 114.00
Daily Stochastic Crossing 112.66
Parabolic System 110.01
Weekly Stochastic Crossing 104.82
20 Day Moving Average 104.25
Quarterly Trendline Support 103.20
50 Day Moving Average 101.25
Lower Bollinger Band 87.51
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry General Merchandise Stores 61
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 107.54
Low Date 06/08/2026
High 116.12
High Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.88
Low Date 05/13/2026
High 116.88
High Date 05/29/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 127.57
Support 76.97
High 142.40
High Date 01/15/2026
Low 85.88
Low Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 164.97
Support 103.20
Low 60.49
Low Date 11/12/2024
High 142.40
High Date 01/15/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 119.66
Support 0.85
High 177.19
High Date 04/21/2022
Low 60.49
Low Date 11/12/2024
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.