The Greedy Trader Weekly Analysis
Sign In May 1, 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
- 4/24/2026 -
Sign In to see current Signals.

CurrencyShares Australian Dollar Trust (FXA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaA Parabolic SAR indicator is above and near the price
Move cursor over the icon to see details.

It was the negative week for the CurrencyShares Australian Dollar Trust (FXA). During the week, the FXA gave back -0.17 points, or -0.24%, and closed at 70.88 on Friday, April 24, 2026. Weekly volume was -29% below average.

Long-term trend: [See FXA long-term trend chart]
A long-term downtrend had started on July 27, 2011 at 110.99 and reached 57.50 on March 18, 2020. FXA lost 53.49 points, or 48.19%, in 451 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (57.81) is broken. A broken support is considered to be a long-term bullish signal. 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 FXA medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 58.90 and reached 71.44 on April 17, 2026. FXA gained -12.54 points, or -21.29%, in 53 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 68.09 and resistance is at 72.17. 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 FXA weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish 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 weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 above its signal line since December 5, 2025. 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 FXA short-term trend chart]
A short-term uptrend had started on April 23, 2026 at 70.62 and reached 70.88 on April 24, 2026. FXA gained -0.26 points, or -0.37%, in 1 days. Price is near the trend high.

Daily Technical Indicators: [See FXA daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since April 7, 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.

A Parabolic SAR (stop and reversal) indicator (70.57) comes close to the price (70.88). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.81
Williams' Percentage Range (W%R) 21.70
Lane's Stochastic (%D-Slow) 59.67
Greed/Fear Indicator (GFI) 71.93
Moving Average Converg./Diverg. (MACD) 0.34
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.41
Williams' Percentage Range (W%R) 12.00
Overbought
Lane's Stochastic (%D-Slow) 57.46
Bearish
Greed/Fear Indicator (GFI) 66.09
Moving Average Converg./Diverg. (MACD) 1.25 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 72.50
Quarterly Trendline Resistance 72.17
Daily Stochastic Crossing 71.06
Price 70.88
Parabolic System 70.57
Weekly Stochastic Crossing 69.94
50 Day Moving Average 69.87
20 Day Moving Average 69.86
Quarterly Trendline Support 68.09
Lower Bollinger Band 67.97
Yearly Trendline Resistance 60.63
Yearly Trendline Support 57.81
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 70.62
Low Date 04/23/2026
High 70.88
High Date 04/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.62
Low Date 04/23/2026
High 70.88
High Date 04/24/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.75
Low Date 03/30/2026
High 71.44
High Date 04/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 72.17
Support 68.09
Low 58.90
Low Date 04/07/2025
High 71.44
High Date 04/17/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 60.63
Support 57.81
High 110.99
High Date 07/27/2011
Low 57.50
Low Date 03/18/2020
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.