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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- 1/30/2026 -
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General Motors (GM) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergence
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the General Motors (GM). During the week, the GM gained 4.32 points, or 5.42%, and closed at 84.00 on Friday, January 30, 2026. Weekly volume was 17% above average.

Long-term trend: [See GM long-term trend chart]
A long-term uptrend had started on November 10, 2023 at 26.30 and reached 87.31 on January 27, 2026. GM gained -61.01 points, or -231.98%, in 115 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 52.26 and resistance is at 95.94. 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 long-term trend.

Medium-term trend: [See GM medium-term trend chart]
A medium-term uptrend had started on January 20, 2026 at 77.35 and reached 87.31 on January 27, 2026. GM gained -9.96 points, or -12.88%, in 1 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 80.99 and resistance is at 92.34. 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 GM weekly technical indicators chart]
Weekly 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 weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 16, 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 GM short-term trend chart]
A short-term downtrend had started on January 27, 2026 at 87.31 and reached 83.41 on January 30, 2026. GM lost 3.90 points, or 4.47%, in 3 days. The price is now at the 15.13% retracement level.

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

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.47
Williams' Percentage Range (W%R) 13.00
Overbought
Lane's Stochastic (%D-Slow) 70.93
Greed/Fear Indicator (GFI) 70.11
Moving Average Converg./Diverg. (MACD) 1.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.69
Bearish
Williams' Percentage Range (W%R) 3.90
Strong Overbought
Lane's Stochastic (%D-Slow) 85.12
Overbought Bearish
Greed/Fear Indicator (GFI) 81.07
Overbought
Moving Average Converg./Diverg. (MACD) 6.64 Bearish
Trading Signals
Description Value Chart
Yearly Trendline Resistance 95.94
Monthly Trendline Resistance 92.34
Upper Bollinger Band 86.63
Daily Stochastic Crossing 85.71
Weekly Stochastic Crossing 85.00
Price 84.00
20 Day Moving Average 82.29
Monthly Trendline Support 80.99
50 Day Moving Average 79.30
Parabolic System 77.86
Lower Bollinger Band 77.78
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Automobile Manufacturers 107
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 87.31
High Date 01/27/2026
Low 83.41
Low Date 01/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 87.31
High Date 01/27/2026
Low 83.41
Low Date 01/30/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 92.34
Support 80.99
Low 77.35
Low Date 01/20/2026
High 87.31
High Date 01/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 41.60
Low Date 04/07/2025
High 87.31
High Date 01/27/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 95.94
Support 52.26
Low 26.30
Low Date 11/10/2023
High 87.31
High Date 01/27/2026
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.