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Downtrend Broken Resist.Archive
- 5/22/2026 -
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Raymond James Financial (RJF) Technical Analysis
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| Summary:
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| | It was the negative week for the Raymond James Financial (RJF). During the week, the RJF dropped -2.65 points, or -1.72%, and closed at 151.46 on Friday, May 22, 2026. It was the worst weekly loss since March 13, 2026. Weekly volume was 20% above 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 177.66 on September 23, 2025. RJF gained -85.99 points, or -93.80%, in 99 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 137.87 and resistance is at 181.10. 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 downtrend had started on September 23, 2025 at 177.66 and reached 138.82 on April 2, 2026. RJF lost 38.84 points, or 21.86%, in 27 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 134.20 and resistance is at 171.40. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern 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 May 8, 2026. The distance between MACD and the signal line is low and getting smaller. 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 May 6, 2026 at 161.08 and reached 147.32 on May 21, 2026. RJF lost 13.76 points, or 8.54%, in 15 days. The price is now at the 30.09% retracement level.
Daily Technical Indicators: [See RJF daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 7, 2026. This is an indication that the short-term trend is down.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. 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.
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