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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- 9/25/2026 -
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Raymond James Financial (RJF) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the Raymond James Financial (RJF). During the week, the RJF dropped -4.88 points, or -2.96%, and closed at 159.87 on Friday, September 25, 2026. Weekly volume was 12% above average.

Long-term trend: [See RJF long-term trend chart]
A long-term uptrend had started on October 25, 2023 at 91.67 and reached 182.73 on August 6, 2026. RJF gained -91.06 points, or -99.33%, in 145 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 147.32 and resistance is at 182.88. 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 long-term trend.

Medium-term trend: [See RJF medium-term trend chart]
A medium-term uptrend had started on April 2, 2026 at 138.82 and reached 182.73 on August 6, 2026. RJF gained -43.91 points, or -31.63%, in 18 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 145.95 and resistance is at 194.76. 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 RJF weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See RJF short-term trend chart]
A short-term downtrend had started on September 3, 2026 at 181.40 and reached 155.50 on September 22, 2026. RJF lost 25.90 points, or 14.28%, in 19 days. The price is now at the 16.87% retracement level.

Daily Technical Indicators: [See RJF daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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, Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is below its signal line since August 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 12.47
Oversold
Williams' Percentage Range (W%R) 85.70
Oversold
Lane's Stochastic (%D-Slow) 19.27
Oversold
Greed/Fear Indicator (GFI) 15.35
Oversold
Moving Average Converg./Diverg. (MACD) -2.75
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.04
Williams' Percentage Range (W%R) 56.40
Lane's Stochastic (%D-Slow) 52.35
Greed/Fear Indicator (GFI) 48.88
Moving Average Converg./Diverg. (MACD) 4.18
Trading Signals
Description Value Chart
Yearly Trendline Resistance 182.88
Upper Bollinger Band 182.47
Monthly Trendline Resistance 178.81
50 Day Moving Average 173.33
20 Day Moving Average 169.97
Weekly Stochastic Crossing 167.80
Parabolic System 166.05
Price 159.87
Monthly Trendline Support 159.04
Daily Stochastic Crossing 157.91
Lower Bollinger Band 152.91
Yearly Trendline Support 147.32
Quarterly Trendline Support 145.95
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Investment Banking & Brokerage 54
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 181.40
High Date 09/03/2026
Low 155.50
Low Date 09/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 181.40
High Date 09/03/2026
Low 155.50
Low Date 09/22/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Support
Resistance 178.81
Support 159.04
High 182.73
High Date 08/06/2026
Low 155.50
Low Date 09/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 194.76
Support 145.95
Low 138.82
Low Date 04/02/2026
High 182.73
High Date 08/06/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 182.88
Support 147.32
Low 91.67
Low Date 10/25/2023
High 182.73
High Date 08/06/2026
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.