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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- 10/9/2026 -
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DXC Technology (DXC) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtDaily  MACD line has moved above its signal line
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It was a second positive week after 3 consecutive negative weeks for the DXC Technology (DXC). During the week, the DXC gained 1.30 points, or 11.71%, and closed at 12.40 on Friday, October 9, 2026. On Friday DXC has reached 12.56 - the highest level since April 24, 2026. Weekly volume was 76% above average.

DXC is a member of Information Technology Sector. Information Technology 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 DXC long-term trend chart]
A long-term downtrend had started on November 8, 2024 at 24.83 and reached 7.90 on May 13, 2026. DXC lost 16.93 points, or 68.18%, in 78 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (4.48) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DXC may retest the broken resistance line. It is considered to be a support line now. 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 DXC medium-term trend chart]
A medium-term uptrend had started on May 13, 2026 at 7.90 and reached 12.57 on October 8, 2026. DXC gained -4.67 points, or -59.11%, in 21 weeks. Price is near the trend high.

Weekly Technical Indicators: [See DXC weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly 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 weekly MACD line is above its signal line since July 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See DXC short-term trend chart]
A short-term uptrend had started on September 29, 2026 at 10.13 and reached 12.57 on October 8, 2026. DXC gained -2.44 points, or -24.09%, in 9 days. The price is now at the 6.97% retracement level.

Daily Technical Indicators: [See DXC daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.92
Williams' Percentage Range (W%R) 7.80
Strong Overbought
Lane's Stochastic (%D-Slow) 91.72
Strong Overbought
Greed/Fear Indicator (GFI) 84.62
Overbought
Moving Average Converg./Diverg. (MACD) 0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.89
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 66.05
Greed/Fear Indicator (GFI) 73.82
Moving Average Converg./Diverg. (MACD) -0.41
Trading Signals
Description Value Chart
Upper Bollinger Band 12.70
Daily Stochastic Crossing 12.42
Price 12.40
Weekly Stochastic Crossing 11.68
20 Day Moving Average 11.33
50 Day Moving Average 11.14
Parabolic System 10.73
Lower Bollinger Band 10.14
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry IT Consulting & Other Services 110
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 10.13
Low Date 09/29/2026
High 12.57
High Date 10/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 10.13
Low Date 09/29/2026
High 12.57
High Date 10/08/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.90
Low Date 05/13/2026
High 12.57
High Date 10/08/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 8.94
Support 4.48
High 24.83
High Date 11/08/2024
Low 7.90
Low Date 05/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 44.18
High Date 08/03/2021
Low 7.90
Low Date 05/13/2026
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.