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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- 10/23/2026 -
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Republic Services Inc. (RSG) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtOversold sectorBroken trend resistance line
Daily :Relative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineRelative Strength Index and Lane's Stochastic bearish divergence20 Day Moving Average has crossed above the 50 Day Moving AverageThe Bollinger Bands are historically far apart
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It was a third positive week after 3 consecutive negative weeks for the Republic Services Inc. (RSG). During the week, the RSG gained 8.91 points, or 3.85%, and closed at 240.45 on Friday, October 23, 2026. Weekly volume was -12% below average.

RSG is a member of Industrials Sector. Industrials is the second most oversold 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 RSG long-term trend chart]
A long-term downtrend had started on June 3, 2025 at 258.75 and reached 196.41 on May 11, 2026. RSG lost 62.34 points, or 24.09%, in 48 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (191.76) 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. RSG 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 long-term trend.

Medium-term trend: [See RSG medium-term trend chart]
A medium-term uptrend had started on May 11, 2026 at 196.41 and reached 243.22 on October 23, 2026. RSG gained -46.81 points, or -23.83%, in 23 weeks. The price is now at the 5.92% retracement level.

Weekly Technical Indicators: [See RSG weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since October 9, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See RSG short-term trend chart]
A short-term uptrend had started on October 2, 2026 at 205.86 and reached 243.22 on October 23, 2026. RSG gained -37.36 points, or -18.15%, in 21 days. The price is now at the 7.41% retracement level.

Daily Technical Indicators: [See RSG daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since October 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

The distance between the Bollinger Bands (16.92%) is close to one year high (14.01%). It is 124.00% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.80
Overbought Bearish
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 90.51
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 90.05
Strong Overbought
Moving Average Converg./Diverg. (MACD) 3.00
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.33
Williams' Percentage Range (W%R) 3.70
Strong Overbought
Lane's Stochastic (%D-Slow) 56.79
Greed/Fear Indicator (GFI) 71.76
Moving Average Converg./Diverg. (MACD) 0.57
Trading Signals
Description Value Chart
Upper Bollinger Band 245.71
Daily Stochastic Crossing 241.53
Price 240.45
Parabolic System 231.71
Weekly Stochastic Crossing 228.92
20 Day Moving Average 221.43
50 Day Moving Average 220.37
Quarterly Trendline Resistance 211.34
Lower Bollinger Band 205.02
Sector and Industry
Description Name Rank
Sector Industrials 2
Industry Environmental & Facilities Services 85
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 205.86
Low Date 10/02/2026
High 243.22
High Date 10/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 204.80
Low Date 08/05/2026
High 243.22
High Date 10/23/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 196.41
Low Date 05/11/2026
High 243.22
High Date 10/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 211.34
Support 191.76
High 258.75
High Date 06/03/2025
Low 196.41
Low Date 05/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.05
Low Date 03/10/2009
High 258.75
High Date 06/03/2025
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.