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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- 9/25/2026 -
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IDEXX Laboratories (IDXX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldPrice is near the Fibonacci 61.8% retracement level
Daily :Williams' Percentage Range is oversoldDaily  MACD line has moved above its signal lineBullish Piercing Line Candlestick
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It was a second positive week after 3 consecutive negative weeks for the IDEXX Laboratories (IDXX). During the week, the IDXX gained 7.61 points, or 1.49%, and closed at 519.26 on Friday, September 25, 2026. Weekly volume was -28% below average.

IDXX is a member of Health Care Sector. Health Care 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 IDXX long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 356.10 and reached 769.98 on November 26, 2025. IDXX gained -413.88 points, or -116.23%, in 33 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See IDXX medium-term trend chart]
A medium-term downtrend had started on August 4, 2026 at 624.15 and reached 500.61 on September 11, 2026. IDXX lost 123.54 points, or 19.79%, in 5 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (487.47) is broken. A broken support is considered to be a long-term bullish signal. 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 IDXX weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly 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 weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See IDXX short-term trend chart]
A short-term uptrend had started on September 11, 2026 at 500.61 and reached 524.12 on September 24, 2026. IDXX gained -23.51 points, or -4.70%, in 13 days. The price is now at the 20.67% retracement level.

Daily Technical Indicators: [See IDXX 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.

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

Candlestick pattern: [See IDXX 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) 39.50
Williams' Percentage Range (W%R) 83.00
Oversold
Lane's Stochastic (%D-Slow) 75.60
Greed/Fear Indicator (GFI) 44.05
Moving Average Converg./Diverg. (MACD) -11.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.32
Williams' Percentage Range (W%R) 91.60
Strong Oversold
Lane's Stochastic (%D-Slow) 16.20
Oversold
Greed/Fear Indicator (GFI) 24.22
Moving Average Converg./Diverg. (MACD) -16.39
Trading Signals
Description Value Chart
Upper Bollinger Band 555.23
50 Day Moving Average 546.74
20 Day Moving Average 522.53
Price 519.26
Daily Stochastic Crossing 519.19
Weekly Stochastic Crossing 515.55
Parabolic System 506.50
Monthly Trendline Resistance 497.47
Lower Bollinger Band 493.52
Monthly Trendline Support 487.47
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Health Care Equipment 82
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 501.98
Low Date 09/17/2026
High 524.12
High Date 09/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 500.61
Low Date 09/11/2026
High 524.12
High Date 09/24/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 497.47
Support 487.47
High 624.15
High Date 08/04/2026
Low 500.61
Low Date 09/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 769.98
High Date 11/26/2025
Low 500.61
Low Date 09/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 356.10
Low Date 04/09/2025
High 769.98
High Date 11/26/2025
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.