The Greedy Trader Weekly Analysis
Sign In Jul 24, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 7/17/2026 -
Sign In to see current Signals.

Halliburton Co. (HAL) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorLane's Stochastic is oversold
Daily :The price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Halliburton Co. (HAL). During the week, the HAL gained 0.83 points, or 2.41%, and closed at 35.22 on Friday, July 17, 2026. Weekly volume was -36% below average.

HAL is a member of Energy Sector. Energy is the second most oversold 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 HAL long-term trend chart]
A long-term downtrend had started on June 8, 2022 at 43.99 and reached 18.72 on April 7, 2025. HAL lost 25.27 points, or 57.44%, in 147 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 16.41 and resistance is at 43.57. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.

Medium-term trend: [See HAL medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 18.72 and reached 43.59 on May 20, 2026. HAL gained -24.87 points, or -132.85%, in 58 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 26.28 and resistance is at 46.97. 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 HAL 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 May 29, 2026. The distance between MACD and the signal line is near its high, but getting smaller. Use the following link to access a MACD help.

Short-term trend: [See HAL short-term trend chart]
A short-term uptrend had started on July 2, 2026 at 32.59 and reached 36.20 on July 14, 2026. HAL gained -3.61 points, or -11.08%, in 12 days. The price is now at the 27.15% retracement level.

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

The daily MACD line is above its signal line since July 7, 2026. This is an indication that the short-term trend is up.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.46
Williams' Percentage Range (W%R) 25.20
Lane's Stochastic (%D-Slow) 74.32
Greed/Fear Indicator (GFI) 69.19
Moving Average Converg./Diverg. (MACD) -1.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.43
Williams' Percentage Range (W%R) 75.40
Lane's Stochastic (%D-Slow) 16.34
Oversold
Greed/Fear Indicator (GFI) 29.01
Moving Average Converg./Diverg. (MACD) 2.32
Trading Signals
Description Value Chart
50 Day Moving Average 37.92
Upper Bollinger Band 36.87
Daily Stochastic Crossing 35.51
Price 35.22
Monthly Trendline Resistance 34.48
20 Day Moving Average 34.42
Parabolic System 34.15
Weekly Stochastic Crossing 33.92
Lower Bollinger Band 33.74
Monthly Trendline Support 30.37
Sector and Industry
Description Name Rank
Sector Energy 2
Industry Oil & Gas Equipment & Services 17
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 36.20
High Date 07/14/2026
Low 34.48
Low Date 07/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 32.59
Low Date 07/02/2026
High 36.20
High Date 07/14/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 34.48
Support 30.37
High 43.59
High Date 05/20/2026
Low 32.59
Low Date 07/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 46.97
Support 26.28
Low 18.72
Low Date 04/07/2025
High 43.59
High Date 05/20/2026
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 43.57
Support 16.41
High 43.99
High Date 06/08/2022
Low 18.72
Low Date 04/07/2025
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.