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
- 7/3/2025 -
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Global Payments (GPN) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support lineWeekly  MACD line has moved above its signal lineBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
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It was a third consecutive positive week for the Global Payments (GPN). During the week, the GPN gained 3.13 points, or 3.98%, and closed at 81.85 on Thursday, July 3, 2025. It was the best weekly gain since May 2, 2025. Weekly volume was -22% below average.

GPN is a member of Information Technology Sector. Information Technology is the 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 GPN long-term trend chart]
A long-term downtrend had started on April 26, 2021 at 220.81 and reached 65.93 on April 21, 2025. GPN lost 154.88 points, or 70.14%, in 208 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (91.14) is broken. Usually a broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See GPN medium-term trend chart]
A medium-term downtrend had started on November 29, 2024 at 120.00 and reached 65.93 on April 21, 2025. GPN lost 54.07 points, or 45.06%, in 20 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (66.39) 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. GPN 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 GPN weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See GPN short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 65.93 and reached 85.00 on May 12, 2025. GPN gained -19.07 points, or -28.92%, in 21 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (77.97) 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 short-term trend.

Daily Technical Indicators: [See GPN daily technical indicators chart]
Daily 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 daily Lane's Stochastic or strongly overbought daily 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 daily MACD line is above its signal line since June 3, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.22
Williams' Percentage Range (W%R) 8.30
Strong Overbought
Lane's Stochastic (%D-Slow) 87.03
Overbought
Greed/Fear Indicator (GFI) 79.96
Moving Average Converg./Diverg. (MACD) 0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.30
Williams' Percentage Range (W%R) 63.40
Lane's Stochastic (%D-Slow) 49.87
Greed/Fear Indicator (GFI) 45.36
Moving Average Converg./Diverg. (MACD) -7.48
Trading Signals
Description Value Chart
Yearly Trendline Support 91.14
Upper Bollinger Band 83.11
Daily Stochastic Crossing 82.34
Price 81.85
Weekly Stochastic Crossing 79.93
20 Day Moving Average 78.33
Weekly Trendline Support 77.97
Weekly Trendline Resistance 77.89
50 Day Moving Average 77.86
Parabolic System 77.56
Lower Bollinger Band 74.57
Monthly Trendline Resistance 70.54
Monthly Trendline Support 66.39
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Data Processing & Outsourced Services 53
Daily Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Low 73.69
Low Date 06/02/2025
High 82.94
High Date 07/01/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 77.89
Support 77.97
Low 65.93
Low Date 04/21/2025
High 85.00
High Date 05/12/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 70.54
Support 66.39
High 120.00
High Date 11/29/2024
Low 65.93
Low Date 04/21/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 141.78
High Date 02/15/2024
Low 65.93
Low Date 04/21/2025
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 103.56
Support 91.14
High 220.81
High Date 04/26/2021
Low 65.93
Low Date 04/21/2025
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.