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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- 6/27/2025 -
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Henry Schein (HSIC) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtDaily  MACD line has moved above its signal line
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It was a second consecutive positive week for the Henry Schein (HSIC). During the week, the HSIC gained 1.29 points, or 1.79%, and closed at 73.27 on Friday, June 27, 2025. Weekly volume was 9% above average.

Long-term trend: [See HSIC long-term trend chart]
A long-term downtrend had started on February 5, 2025 at 82.49 and reached 60.56 on April 9, 2025. HSIC lost 21.93 points, or 26.59%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (72.66) 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. HSIC 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 long-term trend.

Medium-term trend: [See HSIC medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 60.56 and reached 74.66 on May 27, 2025. HSIC gained -14.10 points, or -23.28%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (71.53) 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 medium-term trend.

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

The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See HSIC short-term trend chart]
A short-term uptrend had started on June 2, 2025 at 68.63 and reached 73.88 on June 26, 2025. HSIC gained -5.25 points, or -7.65%, in 24 days. The price is now at the 11.62% retracement level.

Daily Technical Indicators: [See HSIC daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.84
Williams' Percentage Range (W%R) 12.10
Overbought
Lane's Stochastic (%D-Slow) 80.08
Overbought
Greed/Fear Indicator (GFI) 79.94
Moving Average Converg./Diverg. (MACD) 0.60
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.65
Williams' Percentage Range (W%R) 41.70
Lane's Stochastic (%D-Slow) 76.34
Greed/Fear Indicator (GFI) 62.84
Moving Average Converg./Diverg. (MACD) -0.67
Trading Signals
Description Value Chart
Upper Bollinger Band 73.65
Price 73.27
Daily Stochastic Crossing 73.15
Quarterly Trendline Support 72.66
Quarterly Trendline Resistance 72.39
Parabolic System 71.68
Monthly Trendline Support 71.53
Weekly Stochastic Crossing 71.52
20 Day Moving Average 71.19
Monthly Trendline Resistance 70.76
50 Day Moving Average 69.47
Lower Bollinger Band 69.38
Sector and Industry
Description Name Rank
Sector Health Care 3
Industry Health Care Distributors 68
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 69.59
Low Date 06/17/2025
High 73.88
High Date 06/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 68.63
Low Date 06/02/2025
High 73.88
High Date 06/26/2025
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 70.76
Support 71.53
Low 60.56
Low Date 04/09/2025
High 74.66
High Date 05/27/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 72.39
Support 72.66
High 82.49
High Date 02/05/2025
Low 60.56
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 92.68
High Date 04/14/2022
Low 60.01
Low Date 11/02/2023
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.