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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- 1/2/2026 -
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Google Inc. (GOOG) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Lane's Stochastic is overbought
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It was a second consecutive positive week for the Google Inc. (GOOG). During the week, the GOOG climbed 0.36 points, or 0.11%, and closed at 315.32 on Friday, January 2, 2026. Weekly volume was -40% below average.

GOOG is a member of Communication Services Sector. Communication Services is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See GOOG long-term trend chart]
A long-term uptrend had started on November 3, 2022 at 83.45 and reached 328.67 on November 25, 2025. GOOG gained -245.22 points, or -293.85%, in 159 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (171.71) 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 GOOG medium-term trend chart]
A medium-term downtrend had started on November 25, 2025 at 328.67 and reached 297.45 on December 17, 2025. GOOG lost 31.22 points, or 9.50%, in 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (283.68) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GOOG may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.

Weekly Technical Indicators: [See GOOG 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. 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 May 30, 2025. Use the following link to access a MACD help.

Short-term trend: [See GOOG short-term trend chart]
A short-term uptrend had started on December 17, 2025 at 297.45 and reached 322.91 on January 2, 2026. GOOG gained -25.46 points, or -8.56%, in 16 days. The price is now at the 29.81% retracement level.

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

The daily MACD line is below its signal line since December 5, 2025. The distance between MACD and the signal line is low and getting smaller.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.19
Williams' Percentage Range (W%R) 23.60
Lane's Stochastic (%D-Slow) 80.99
Overbought
Greed/Fear Indicator (GFI) 69.84
Moving Average Converg./Diverg. (MACD) 5.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.44
Williams' Percentage Range (W%R) 8.40
Strong Overbought
Lane's Stochastic (%D-Slow) 82.38
Overbought
Greed/Fear Indicator (GFI) 79.21
Moving Average Converg./Diverg. (MACD) 28.32
Trading Signals
Description Value Chart
Upper Bollinger Band 321.95
Daily Stochastic Crossing 319.38
Weekly Stochastic Crossing 317.65
Price 315.32
20 Day Moving Average 313.05
Monthly Trendline Resistance 311.38
Parabolic System 304.28
Lower Bollinger Band 299.90
50 Day Moving Average 298.61
Monthly Trendline Support 283.68
Sector and Industry
Description Name Rank
Sector Communication Services 8
Industry Interactive Media & Services 118
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 297.45
Low Date 12/17/2025
High 322.91
High Date 01/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 297.45
Low Date 12/17/2025
High 322.91
High Date 01/02/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 311.38
Support 283.68
High 328.67
High Date 11/25/2025
Low 297.45
Low Date 12/17/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 142.70
Low Date 04/07/2025
High 328.67
High Date 11/25/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 233.40
Support 171.71
Low 83.45
Low Date 11/03/2022
High 328.67
High Date 11/25/2025
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.