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.

Archive
- 8/14/2026 -
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iShares MSCI EAFE Index (EFA) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal line
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It was a fourth consecutive positive week for the iShares MSCI EAFE Index (EFA). During the week, the EFA climbed 0.09 points, or 0.08%, and closed at 108.64 on Friday, August 14, 2026. Weekly volume was -58% below average.

Long-term trend: [See EFA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 54.61 and reached 108.89 on August 13, 2026. EFA gained -54.28 points, or -99.40%, in 200 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (81.11) is broken, while daily and weekly technical indicators are overbought. Uptrend 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 resistance line in a long-term trend.

Medium-term trend: [See EFA medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 72.15 and reached 108.89 on August 13, 2026. EFA gained -36.74 points, or -50.92%, in 70 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 103.64 and resistance is at 110.41. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See EFA 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 31, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See EFA short-term trend chart]
A short-term uptrend had started on March 20, 2026 at 93.08 and reached 108.89 on August 13, 2026. EFA gained -15.81 points, or -16.99%, in 146 days. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (103.93) is broken, while daily and weekly technical indicators are overbought. Uptrend 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 resistance line in a short-term trend.

Daily Technical Indicators: [See EFA daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since July 29, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.99
Williams' Percentage Range (W%R) 2.00
Strong Overbought
Lane's Stochastic (%D-Slow) 89.30
Overbought
Greed/Fear Indicator (GFI) 88.42
Overbought
Moving Average Converg./Diverg. (MACD) 1.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.00
Williams' Percentage Range (W%R) 0.80
Strong Overbought
Lane's Stochastic (%D-Slow) 73.62
Greed/Fear Indicator (GFI) 76.69
Moving Average Converg./Diverg. (MACD) 1.93
Trading Signals
Description Value Chart
Upper Bollinger Band 110.79
Monthly Trendline Resistance 110.41
Daily Stochastic Crossing 108.72
Price 108.64
Weekly Stochastic Crossing 107.31
Parabolic System 106.85
20 Day Moving Average 105.94
Weekly Trendline Resistance 105.80
50 Day Moving Average 104.59
Weekly Trendline Support 103.93
Monthly Trendline Support 103.64
Lower Bollinger Band 102.22
Quarterly Trendline Resistance 94.18
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 102.26
Low Date 07/08/2026
High 108.89
High Date 08/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 105.80
Support 103.93
Low 93.08
Low Date 03/20/2026
High 108.89
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 110.41
Support 103.64
Low 72.15
Low Date 04/07/2025
High 108.89
High Date 08/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 94.18
Support 81.11
Low 54.61
Low Date 10/13/2022
High 108.89
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 45.73
Low Date 03/18/2020
High 108.89
High Date 08/13/2026
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.