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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- 8/21/2026 -
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Qorvo (QRVO) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Broken trend support lineStochastic has declined below the signal lineDaily  MACD line has moved below its signal lineA Parabolic SAR indicator is above and near the price20 Day Moving Average has crossed above the 50 Day Moving Average
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It was the negative week for the Qorvo (QRVO). During the week, the QRVO dropped -2.55 points, or -2.60%, and closed at 95.56 on Friday, August 21, 2026. Weekly volume was -36% below average.

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 downtrend resistance line (35.12) 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 QRVO medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 49.46 and reached 109.49 on May 27, 2026. QRVO gained -60.03 points, or -121.37%, in 59 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 85.25 and resistance is at 110.82. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

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

The weekly MACD line is above its signal line since August 7, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 July 15, 2026 at 81.39 and reached 99.15 on August 7, 2026. QRVO gained -17.76 points, or -21.82%, in 23 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (98.24) is broken. A broken support is considered to be a long-term bearish 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 support in a short-term trend.

Daily Technical Indicators: [See QRVO daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

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

A Parabolic SAR (stop and reversal) indicator (94.74) comes close to the price (95.56). It indicates that the trend is getting weaker. 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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.10
Williams' Percentage Range (W%R) 20.90
Lane's Stochastic (%D-Slow) 45.12
Greed/Fear Indicator (GFI) 63.44
Moving Average Converg./Diverg. (MACD) 1.66
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.13
Williams' Percentage Range (W%R) 39.00
Lane's Stochastic (%D-Slow) 48.23
Greed/Fear Indicator (GFI) 51.80
Moving Average Converg./Diverg. (MACD) 2.06
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 110.82
Weekly Trendline Resistance 108.81
Upper Bollinger Band 100.97
Weekly Trendline Support 98.24
Daily Stochastic Crossing 96.08
Price 95.56
20 Day Moving Average 94.77
Parabolic System 94.74
50 Day Moving Average 92.40
Weekly Stochastic Crossing 91.14
Lower Bollinger Band 88.39
Quarterly Trendline Support 85.25
Yearly Trendline Resistance 84.83
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Semiconductors 23
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 99.15
High Date 08/07/2026
Low 93.46
Low Date 08/18/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 108.81
Support 98.24
Low 81.39
Low Date 07/15/2026
High 99.15
High Date 08/07/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.92
Low Date 03/09/2026
High 109.49
High Date 05/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 110.82
Support 85.25
Low 49.46
Low Date 04/08/2025
High 109.49
High Date 05/27/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 84.83
Support 35.12
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.