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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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- 1/2/2026 -
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CurrencyShares Canadian Dollar Trust (FXC) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtBroken trend resistance line
Daily :Stochastic has declined below the signal lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
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It was the negative week for the CurrencyShares Canadian Dollar Trust (FXC). During the week, the FXC gave back -0.37 points, or -0.52%, and closed at 71.14 on Friday, January 2, 2026. It was the worst weekly loss since September 26, 2025. Weekly volume was -52% below average.

Long-term trend: [See FXC long-term trend chart]
A long-term downtrend had started on June 16, 2025 at 72.21 and reached 69.08 on November 5, 2025. FXC lost 3.13 points, or 4.33%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (68.36) 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 FXC medium-term trend chart]
A medium-term uptrend had started on November 5, 2025 at 69.08 and reached 71.63 on December 26, 2025. FXC gained -2.55 points, or -3.69%, in 7 weeks. The price is now at the 19.22% retracement level.

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

The weekly MACD line is above its signal line since December 12, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FXC short-term trend chart]
A short-term uptrend had started on November 21, 2025 at 69.19 and reached 71.63 on December 26, 2025. FXC gained -2.44 points, or -3.53%, in 35 days. The chart has formed a Rising Wedge chart pattern.

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

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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) 56.49
Williams' Percentage Range (W%R) 32.10
Lane's Stochastic (%D-Slow) 60.61
Greed/Fear Indicator (GFI) 61.67
Moving Average Converg./Diverg. (MACD) 0.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.20
Williams' Percentage Range (W%R) 20.40
Lane's Stochastic (%D-Slow) 84.70
Overbought
Greed/Fear Indicator (GFI) 73.78
Moving Average Converg./Diverg. (MACD) -0.06
Trading Signals
Description Value Chart
Parabolic System 71.70
Upper Bollinger Band 71.61
Weekly Stochastic Crossing 71.39
Daily Stochastic Crossing 71.37
Price 71.14
20 Day Moving Average 70.99
Lower Bollinger Band 70.21
50 Day Moving Average 70.19
Monthly Trendline Resistance 69.50
Monthly Trendline Support 68.36
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 69.19
Low Date 11/21/2025
High 71.63
High Date 12/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 69.08
Low Date 11/05/2025
High 71.63
High Date 12/26/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 69.50
Support 68.36
High 72.21
High Date 06/16/2025
Low 69.08
Low Date 11/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.52
Low Date 02/03/2025
High 72.21
High Date 06/16/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 81.77
High Date 06/01/2021
Low 66.52
Low Date 02/03/2025
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.