The Greedy Trader Weekly Analysis
Sign In May 22, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Archive
- 5/15/2026 -
Sign In to see current Signals.

Qorvo (QRVO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorTrend resistance at 90.70
Daily :Daily  MACD line has moved below its signal line
Move cursor over the icon to see details.

It was a first positive week for the Qorvo (QRVO). During the week, the QRVO gained 1.72 points, or 1.90%, and closed at 92.25 on Friday, May 15, 2026. Weekly volume was -41% below average.

QRVO is a member of Information Technology Sector. Information Technology is the second 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 QRVO long-term trend chart]
A long-term downtrend had started on April 29, 2021 at 201.68 and reached 49.46 on April 8, 2025. QRVO lost 152.22 points, or 75.48%, in 205 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (90.70). 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 QRVO medium-term trend chart]
A medium-term uptrend had started on March 9, 2026 at 74.92 and reached 96.68 on May 5, 2026. QRVO gained -21.76 points, or -29.04%, in 8 weeks. The price is now at the 20.36% retracement level.

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

The weekly MACD line is above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See QRVO short-term trend chart]
A short-term uptrend had started on May 6, 2026 at 86.38 and reached 93.51 on May 11, 2026. QRVO gained -7.13 points, or -8.25%, in 5 days. The price is now at the 17.67% retracement level.

Daily Technical Indicators: [See QRVO daily technical indicators chart]
Daily technical indicators are neutral.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.90
Williams' Percentage Range (W%R) 46.60
Lane's Stochastic (%D-Slow) 50.19
Greed/Fear Indicator (GFI) 54.17
Moving Average Converg./Diverg. (MACD) 2.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.75
Williams' Percentage Range (W%R) 36.30
Lane's Stochastic (%D-Slow) 76.58
Greed/Fear Indicator (GFI) 65.87
Moving Average Converg./Diverg. (MACD) -0.75
Trading Signals
Description Value Chart
Upper Bollinger Band 96.53
Parabolic System 94.52
Weekly Stochastic Crossing 92.87
Price 92.25
Yearly Trendline Resistance 90.70
Daily Stochastic Crossing 89.72
20 Day Moving Average 89.14
50 Day Moving Average 82.99
Lower Bollinger Band 81.03
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Semiconductors 116
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 86.38
Low Date 05/06/2026
High 93.51
High Date 05/11/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.92
Low Date 03/09/2026
High 96.68
High Date 05/05/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.30
High Date 10/28/2025
Low 74.92
Low Date 03/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.46
Low Date 04/08/2025
High 106.30
High Date 10/28/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Resistance
Resistance 90.70
Support 37.92
High 201.68
High Date 04/29/2021
Low 49.46
Low Date 04/08/2025
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.