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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- 7/10/2026 -
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Prudential Financial (PRU) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtTrend support at 115.42Broken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergence
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It was a third consecutive positive week for the Prudential Financial (PRU). During the week, the PRU gained 2.42 points, or 2.14%, and closed at 115.37 on Friday, July 10, 2026. Weekly volume was -14% below average.

PRU is a member of Financials Sector. Financials 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 PRU long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 38.62 and reached 130.60 on November 27, 2024. PRU gained -91.98 points, or -238.17%, in 244 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (115.42) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See PRU medium-term trend chart]
A medium-term downtrend had started on January 8, 2026 at 119.76 and reached 91.89 on March 13, 2026. PRU lost 27.87 points, or 23.27%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (94.20) 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. PRU 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 PRU weekly technical indicators chart]
Weekly 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 weekly Lane's Stochastic or strongly overbought 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 above its signal line since May 8, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See PRU short-term trend chart]
A short-term uptrend had started on April 22, 2026 at 92.66 and reached 116.70 on July 9, 2026. PRU gained -24.04 points, or -25.94%, in 78 days. The chart has formed a Rising Channel chart pattern.

Daily Technical Indicators: [See PRU 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. Daily 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 daily 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.

The daily MACD line is above its signal line since June 30, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.63
Williams' Percentage Range (W%R) 5.00
Strong Overbought
Lane's Stochastic (%D-Slow) 83.60
Overbought Bearish
Greed/Fear Indicator (GFI) 83.07
Overbought
Moving Average Converg./Diverg. (MACD) 2.44 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.80
Williams' Percentage Range (W%R) 2.40
Strong Overbought
Lane's Stochastic (%D-Slow) 89.05
Overbought
Greed/Fear Indicator (GFI) 82.55
Overbought
Moving Average Converg./Diverg. (MACD) -0.69
Trading Signals
Description Value Chart
Yearly Trendline Resistance 134.25
Upper Bollinger Band 116.26
Yearly Trendline Support 115.42
Price 115.37
Daily Stochastic Crossing 114.90
Weekly Stochastic Crossing 114.77
Parabolic System 110.04
20 Day Moving Average 109.93
50 Day Moving Average 104.94
Lower Bollinger Band 103.83
Monthly Trendline Support 94.20
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Life & Health Insurance 119
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 92.66
Low Date 04/22/2026
High 116.70
High Date 07/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 91.89
Low Date 03/13/2026
High 116.70
High Date 07/09/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 88.66
Support 94.20
High 119.76
High Date 01/08/2026
Low 91.89
Low Date 03/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 130.60
High Date 11/27/2024
Low 90.38
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 134.25
Support 115.42
Low 38.62
Low Date 03/23/2020
High 130.60
High Date 11/27/2024
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.