The Greedy Trader Weekly Analysis
Sign In Mar 20, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• 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
- 3/13/2026 -
Sign In to see current Signals.

Raymond James Financial (RJF) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversoldBroken trend support line
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldBullish Doji Candlestick
Move cursor over the icon to see details.

It was the negative week for the Raymond James Financial (RJF). During the week, the RJF dropped -6.08 points, or -4.00%, and closed at 145.97 on Friday, March 13, 2026. Weekly volume was 6% above average.

Long-term trend: [See RJF long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 117.60 and reached 177.66 on September 23, 2025. RJF gained -60.06 points, or -51.07%, in 24 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (166.61) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. RJF may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.

Medium-term trend: [See RJF medium-term trend chart]
A medium-term downtrend had started on January 15, 2026 at 174.70 and reached 144.20 on March 12, 2026. RJF lost 30.50 points, or 17.46%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (148.86) is broken, while daily and weekly technical indicators are oversold. Downtrend 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 support in a medium-term trend.

Weekly Technical Indicators: [See RJF weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is below its signal line since February 6, 2026. This is an indication that the medium-term trend is down. 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 February 18, 2026 at 161.58 and reached 144.20 on March 12, 2026. RJF lost 17.38 points, or 10.76%, in 22 days. The price is now at the 10.18% retracement level.

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

The daily MACD line is below its signal line since February 9, 2026. This is an indication that the short-term trend is down.

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) 38.38
Williams' Percentage Range (W%R) 89.90
Oversold
Lane's Stochastic (%D-Slow) 15.01
Oversold
Greed/Fear Indicator (GFI) 21.15
Moving Average Converg./Diverg. (MACD) -3.52
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.53
Williams' Percentage Range (W%R) 94.30
Strong Oversold
Lane's Stochastic (%D-Slow) 23.38
Greed/Fear Indicator (GFI) 24.26
Moving Average Converg./Diverg. (MACD) 1.20
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 173.24
Quarterly Trendline Support 166.61
Upper Bollinger Band 163.25
50 Day Moving Average 162.21
20 Day Moving Average 154.26
Weekly Trendline Resistance 153.16
Weekly Stochastic Crossing 149.72
Parabolic System 149.33
Weekly Trendline Support 148.86
Price 145.97
Daily Stochastic Crossing 145.65
Lower Bollinger Band 145.07
Sector and Industry
Description Name Rank
Sector Financials 3
Industry Investment Banking & Brokerage 12
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 161.58
High Date 02/18/2026
Low 144.20
Low Date 03/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 153.16
Support 148.86
High 174.70
High Date 01/15/2026
Low 144.20
Low Date 03/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 150.69
Low Date 11/20/2025
High 174.70
High Date 01/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 173.24
Support 166.61
Low 117.60
Low Date 04/07/2025
High 177.66
High Date 09/23/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 91.67
Low Date 10/25/2023
High 177.66
High Date 09/23/2025
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.