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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- 5/22/2026 -
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Google Inc. (GOOG) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtLane's Stochastic is strongly overbought
Daily :Daily  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 Google Inc. (GOOG). During the week, the GOOG dropped -13.94 points, or -3.54%, and closed at 379.38 on Friday, May 22, 2026. It was the worst weekly loss since March 27, 2026. Weekly volume was -21% 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 April 7, 2025 at 142.70 and reached 404.47 on May 18, 2026. GOOG gained -261.77 points, or -183.44%, in 58 weeks. The price is now at the 9.58% retracement level.

Medium-term trend: [See GOOG medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 271.54 and reached 404.47 on May 18, 2026. GOOG gained -132.93 points, or -48.95%, in 7 weeks. The price is now at the 18.87% retracement level.

Weekly Technical Indicators: [See GOOG weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 24, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See GOOG short-term trend chart]
A short-term downtrend had started on May 18, 2026 at 404.47 and reached 378.26 on May 22, 2026. GOOG lost 26.21 points, or 6.48%, in 4 days. Price is near the trend low.

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

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) 49.80
Williams' Percentage Range (W%R) 33.30
Lane's Stochastic (%D-Slow) 23.24
Greed/Fear Indicator (GFI) 46.57
Moving Average Converg./Diverg. (MACD) 16.70
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.59
Williams' Percentage Range (W%R) 16.00
Overbought
Lane's Stochastic (%D-Slow) 93.69
Strong Overbought
Greed/Fear Indicator (GFI) 80.14
Overbought
Moving Average Converg./Diverg. (MACD) 20.93
Trading Signals
Description Value Chart
Upper Bollinger Band 407.62
Parabolic System 402.32
Weekly Stochastic Crossing 395.93
Daily Stochastic Crossing 382.33
20 Day Moving Average 382.29
Price 379.38
Lower Bollinger Band 344.85
50 Day Moving Average 338.84
Sector and Industry
Description Name Rank
Sector Communication Services 8
Industry Interactive Media & Services 120
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 404.47
High Date 05/18/2026
Low 378.26
Low Date 05/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 404.47
High Date 05/18/2026
Low 378.26
Low Date 05/22/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 271.54
Low Date 03/30/2026
High 404.47
High Date 05/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 142.70
Low Date 04/07/2025
High 404.47
High Date 05/18/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 83.45
Low Date 11/03/2022
High 404.47
High Date 05/18/2026
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.