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Downtrend Broken Resist.Archive
- 6/27/2025 -
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Raymond James Financial (RJF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Raymond James Financial (RJF). During the week, the RJF gained 4.28 points, or 2.87%, and closed at 153.23 on Friday, June 27, 2025. RJF was trading at average weekly trading volume.
RJF 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 RJF long-term trend chart]
A long-term uptrend had started on October 25, 2023 at 91.67 and reached 174.30 on January 29, 2025. RJF gained -82.63 points, or -90.14%, in 66 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 118.75 and resistance is at 195.96. 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 long-term trend.
 Medium-term trend: [See RJF medium-term trend chart]
A medium-term downtrend had started on January 29, 2025 at 174.30 and reached 117.60 on April 7, 2025. RJF lost 56.70 points, or 32.53%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (151.17) 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. RJF 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 RJF weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since June 13, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See RJF short-term trend chart]
A short-term uptrend had started on June 5, 2025 at 142.18 and reached 154.51 on June 27, 2025. RJF gained -12.33 points, or -8.67%, in 22 days. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (153.38). 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 short-term trend.
 Daily Technical Indicators: [See RJF daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 and Williams' Percentage Range help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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