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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- 10/10/2025 -
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NASDAQ 100 Trust Shares (QQQ) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergenceTrend resistance at 603.00
Daily :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaLane's Stochastic bearish divergenceDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice is near the trend low. The price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the NASDAQ 100 Trust Shares (QQQ). During the week, the QQQ dropped -13.68 points, or -2.27%, and closed at 589.50 on Friday, October 10, 2025. Weekly volume was 42% above average.

Long-term trend: [See QQQ long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 254.26 and reached 613.18 on October 10, 2025. QQQ gained -358.92 points, or -141.16%, in 156 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (603.00). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.

Medium-term trend: [See QQQ medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 402.40 and reached 613.18 on October 10, 2025. QQQ gained -210.78 points, or -52.38%, in 26 weeks. The price is now at the 11.23% retracement level.

Weekly Technical Indicators: [See QQQ weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 May 16, 2025. 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 QQQ short-term trend chart]
A short-term uptrend had started on September 25, 2025 at 588.50 and reached 613.18 on October 10, 2025. QQQ gained -24.68 points, or -4.19%, in 15 days. Price is near the lowest trend level.

Daily Technical Indicators: [See QQQ daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence.

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

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

During the last week, the price has declined below 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) 39.42
Williams' Percentage Range (W%R) 6.20
Strong Overbought
Lane's Stochastic (%D-Slow) 72.25
Bearish
Greed/Fear Indicator (GFI) 68.50
Moving Average Converg./Diverg. (MACD) 7.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.09
Williams' Percentage Range (W%R) 1.60
Strong Overbought
Lane's Stochastic (%D-Slow) 92.20
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 82.36
Overbought
Moving Average Converg./Diverg. (MACD) 21.22 Bearish
Trading Signals
Description Value Chart
Parabolic System 612.36
Upper Bollinger Band 610.40
Weekly Stochastic Crossing 608.89
Daily Stochastic Crossing 605.29
Quarterly Trendline Resistance 603.00
20 Day Moving Average 599.43
Price 589.50
Lower Bollinger Band 584.56
50 Day Moving Average 583.55
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 588.50
Low Date 09/25/2025
High 613.18
High Date 10/10/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 558.84
Low Date 08/20/2025
High 613.18
High Date 10/10/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 402.40
Low Date 04/07/2025
High 613.18
High Date 10/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 603.00
Support 439.80
Low 254.26
Low Date 10/13/2022
High 613.18
High Date 10/10/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.05
Low Date 11/21/2008
High 613.18
High Date 10/10/2025
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.