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.

Archive
- 2/27/2026 -
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Google Inc. (GOOGL) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend support line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldA Parabolic SAR indicator is below and near the priceBullish Piercing Line Candlestick
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It was the negative week for the Google Inc. (GOOGL). During the week, the GOOGL dropped -3.22 points, or -1.02%, and closed at 311.76 on Friday, February 27, 2026. Weekly volume was -10% below average.

Long-term trend: [See GOOGL long-term trend chart]
A long-term uptrend had started on November 3, 2022 at 83.34 and reached 349.00 on February 3, 2026. GOOGL gained -265.66 points, or -318.77%, in 169 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (174.57) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 GOOGL medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 140.50 and reached 349.00 on February 3, 2026. GOOGL gained -208.50 points, or -148.40%, in 43 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (340.30) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. GOOGL may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.

Weekly Technical Indicators: [See GOOGL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 6, 2026. Use the following link to access a MACD help.

Short-term trend: [See GOOGL short-term trend chart]
A short-term uptrend had started on February 17, 2026 at 296.25 and reached 319.52 on February 23, 2026. GOOGL gained -23.27 points, or -7.85%, in 6 days. The price is now at the 33.35% retracement level.

Daily Technical Indicators: [See GOOGL daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since February 3, 2026. The distance between MACD and the signal line is low and getting smaller.

A Parabolic SAR (stop and reversal) indicator (312.68) comes close to the price (311.76). It indicates that the trend is getting weaker. 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See GOOGL candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.66
Williams' Percentage Range (W%R) 85.00
Oversold
Lane's Stochastic (%D-Slow) 61.01
Greed/Fear Indicator (GFI) 38.54
Moving Average Converg./Diverg. (MACD) -3.66
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.24
Williams' Percentage Range (W%R) 39.60
Lane's Stochastic (%D-Slow) 50.91
Greed/Fear Indicator (GFI) 53.51
Moving Average Converg./Diverg. (MACD) 29.69
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 368.24
Upper Bollinger Band 340.86
Quarterly Trendline Support 340.30
50 Day Moving Average 319.98
Weekly Stochastic Crossing 318.30
20 Day Moving Average 317.74
Parabolic System 312.68
Daily Stochastic Crossing 311.97
Price 311.76
Monthly Trendline Resistance 310.44
Monthly Trendline Support 303.22
Lower Bollinger Band 289.82
Sector and Industry
Description Name Rank
Sector Communication Services 3
Industry Interactive Media & Services 37
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 302.35
Low Date 02/26/2026
High 312.37
High Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 296.25
Low Date 02/17/2026
High 319.52
High Date 02/23/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 310.44
Support 303.22
High 349.00
High Date 02/03/2026
Low 296.25
Low Date 02/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 368.24
Support 340.30
Low 140.50
Low Date 04/07/2025
High 349.00
High Date 02/03/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 235.81
Support 174.57
Low 83.34
Low Date 11/03/2022
High 349.00
High Date 02/03/2026
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.