The Greedy Trader Weekly Analysis
Sign In Aug 21, 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
- 8/14/2026 -
Sign In to see current Signals.

Raymond James Financial (RJF) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtTrend resistance at 182.28
Daily :Williams' Percentage Range is strongly overboughtDaily  MACD line has moved below its signal lineBullish Doji CandlestickPrice is near the Fibonacci 23.6% retracement level
Move cursor over the icon to see details.

It was a seventh consecutive positive week for the Raymond James Financial (RJF). During the week, the RJF gained 4.25 points, or 2.41%, and closed at 180.81 on Friday, August 14, 2026. Weekly volume was -31% below average.

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 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 price is near the trend resistance line (182.28). 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 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 Ascending Triangle chart pattern. The uptrend resistance line (149.67) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 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. 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 June 12, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 August 10, 2026 at 175.02 and reached 182.44 on August 13, 2026. RJF gained -7.42 points, or -4.24%, in 3 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See RJF 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 MACD line has moved below its signal line. Such crossover is considered a bearish signal.

Candlestick pattern: [See RJF candlestick chart pattern]
On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.41
Williams' Percentage Range (W%R) 9.40
Strong Overbought
Lane's Stochastic (%D-Slow) 74.75
Greed/Fear Indicator (GFI) 77.24
Moving Average Converg./Diverg. (MACD) 4.57
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.01
Williams' Percentage Range (W%R) 4.20
Strong Overbought
Lane's Stochastic (%D-Slow) 90.89
Strong Overbought
Greed/Fear Indicator (GFI) 83.32
Overbought
Moving Average Converg./Diverg. (MACD) 1.35
Trading Signals
Description Value Chart
Upper Bollinger Band 185.25
Yearly Trendline Resistance 182.28
Daily Stochastic Crossing 180.96
Price 180.81
Weekly Stochastic Crossing 179.65
Parabolic System 178.07
20 Day Moving Average 175.52
Lower Bollinger Band 165.68
50 Day Moving Average 165.34
Quarterly Trendline Resistance 159.47
Quarterly Trendline Support 149.67
Yearly Trendline Support 145.09
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Investment Banking & Brokerage 101
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 175.02
Low Date 08/10/2026
High 182.44
High Date 08/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 146.64
Low Date 06/26/2026
High 182.73
High Date 08/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 141.06
Low Date 05/28/2026
High 182.73
High Date 08/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 159.47
Support 149.67
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 Test Resistance
Resistance 182.28
Support 145.09
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.