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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- 5/15/2026 -
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J. B. Hunt (JBHT) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Relative Strength Index and Lane's Stochastic bearish divergenceThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
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It was a first positive week for the J. B. Hunt (JBHT). During the week, the JBHT gained 16.81 points, or 6.85%, and closed at 262.21 on Friday, May 15, 2026. Weekly volume was 25% above average.

Long-term trend: [See JBHT long-term trend chart]
A long-term downtrend had started on February 15, 2024 at 219.51 and reached 122.79 on April 16, 2025. JBHT lost 96.72 points, or 44.06%, in 60 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (83.42) 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 long-term trend.

Medium-term trend: [See JBHT medium-term trend chart]
A medium-term uptrend had started on September 26, 2025 at 130.12 and reached 263.24 on May 15, 2026. JBHT gained -133.12 points, or -102.31%, in 33 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 217.73 and resistance is at 270.93. A Broadening Ascending 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 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 JBHT weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See JBHT short-term trend chart]
A short-term uptrend had started on May 12, 2026 at 231.48 and reached 263.24 on May 15, 2026. JBHT gained -31.76 points, or -13.72%, in 3 days. Price is near the trend high.

Daily Technical Indicators: [See JBHT daily technical indicators chart]
Daily technical indicators are neutral. Daily Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bearish divergence. Use the following link to access Relative Strength Index help.

The daily MACD line is below its signal line since May 1, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 58.22
Bearish
Williams' Percentage Range (W%R) 35.40
Lane's Stochastic (%D-Slow) 51.76
Bearish
Greed/Fear Indicator (GFI) 58.20
Moving Average Converg./Diverg. (MACD) 5.44
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.27
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 85.07
Overbought Bearish
Greed/Fear Indicator (GFI) 75.38
Moving Average Converg./Diverg. (MACD) 16.19 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 270.93
Price 262.21
Upper Bollinger Band 255.73
Weekly Stochastic Crossing 253.44
Daily Stochastic Crossing 250.51
20 Day Moving Average 247.36
Parabolic System 232.52
Lower Bollinger Band 230.91
50 Day Moving Average 227.14
Monthly Trendline Support 217.73
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Trucking 96
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 231.48
Low Date 05/12/2026
High 263.24
High Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 193.94
Low Date 03/17/2026
High 263.24
High Date 05/15/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 270.93
Support 217.73
Low 130.12
Low Date 09/26/2025
High 263.24
High Date 05/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 122.79
Low Date 04/16/2025
High 263.24
High Date 05/15/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 161.67
Support 83.42
High 219.51
High Date 02/15/2024
Low 122.79
Low Date 04/16/2025
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.