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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- 3/27/2026 -
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General Motors (GM) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is oversold
Daily :Daily  MACD line has moved above its signal lineTrend support at 72.51
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It was a second positive week after 3 consecutive negative weeks for the General Motors (GM). During the week, the GM climbed 0.17 points, or 0.23%, and closed at 72.98 on Friday, March 27, 2026. Weekly volume was -22% below 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 87.62 on February 4, 2026. GM gained -61.32 points, or -233.16%, in 116 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 53.98 and resistance is at 91.29. 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 April 7, 2025 at 41.60 and reached 87.62 on February 4, 2026. GM gained -46.02 points, or -110.62%, in 43 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 65.30 and resistance is at 95.60. 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 oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since February 13, 2026. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See GM short-term trend chart]
A short-term uptrend had started on March 9, 2026 at 71.92 and reached 78.29 on March 25, 2026. GM gained -6.37 points, or -8.86%, in 16 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (72.51) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

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

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) 43.72
Williams' Percentage Range (W%R) 55.60
Lane's Stochastic (%D-Slow) 62.75
Greed/Fear Indicator (GFI) 50.27
Moving Average Converg./Diverg. (MACD) -1.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.79
Williams' Percentage Range (W%R) 59.50
Lane's Stochastic (%D-Slow) 19.68
Oversold
Greed/Fear Indicator (GFI) 34.75
Moving Average Converg./Diverg. (MACD) 5.62
Trading Signals
Description Value Chart
Monthly Trendline Resistance 79.23
Upper Bollinger Band 79.21
50 Day Moving Average 79.17
Parabolic System 78.37
Weekly Trendline Resistance 78.08
Daily Stochastic Crossing 75.77
20 Day Moving Average 74.99
Weekly Stochastic Crossing 74.55
Price 72.98
Weekly Trendline Support 72.51
Lower Bollinger Band 72.27
Quarterly Trendline Support 65.30
Monthly Trendline Support 62.80
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 4
Industry Automobile Manufacturers 24
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 78.29
High Date 03/25/2026
Low 72.68
Low Date 03/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 78.08
Support 72.51
Low 71.92
Low Date 03/09/2026
High 78.29
High Date 03/25/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 79.23
Support 62.80
High 87.62
High Date 02/04/2026
Low 71.92
Low Date 03/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 95.60
Support 65.30
Low 41.60
Low Date 04/07/2025
High 87.62
High Date 02/04/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 91.29
Support 53.98
Low 26.30
Low Date 11/10/2023
High 87.62
High Date 02/04/2026
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.