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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- 10/16/2026 -
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Constellation Brands (STZ) Technical Analysis

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Summary:
Weekly :Overbought sectorStochastic signal line moved above oversold areaBroken trend resistance line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtPrice has crossed above the 50 Day Moving Average
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It was a second positive week after 7 consecutive negative weeks for the Constellation Brands (STZ). During the week, the STZ gained 8.71 points, or 7.10%, and closed at 131.35 on Friday, October 16, 2026. STZ was trading at average weekly trading volume.

STZ is a member of Consumer Staples Sector. Consumer Staples is the second 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 STZ long-term trend chart]
A long-term downtrend had started on April 11, 2024 at 274.87 and reached 110.60 on October 5, 2026. STZ lost 164.27 points, or 59.76%, in 129 weeks. The price is now at the 12.63% retracement level.

Medium-term trend: [See STZ medium-term trend chart]
A medium-term downtrend had started on April 13, 2026 at 168.60 and reached 110.60 on October 5, 2026. STZ lost 58.00 points, or 34.40%, in 25 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (107.34) 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. STZ 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 STZ weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help.

The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See STZ short-term trend chart]
A short-term uptrend had started on October 5, 2026 at 110.60 and reached 132.11 on October 16, 2026. STZ gained -21.51 points, or -19.45%, in 11 days. Price is near the trend high.

Daily Technical Indicators: [See STZ daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is above its signal line since October 5, 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 93.69
Strong Overbought
Williams' Percentage Range (W%R) 5.90
Strong Overbought
Lane's Stochastic (%D-Slow) 94.87
Strong Overbought
Greed/Fear Indicator (GFI) 94.22
Strong Overbought
Moving Average Converg./Diverg. (MACD) -0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.65
Williams' Percentage Range (W%R) 49.90
Lane's Stochastic (%D-Slow) 22.37
Greed/Fear Indicator (GFI) 41.20
Moving Average Converg./Diverg. (MACD) -6.43
Trading Signals
Description Value Chart
Upper Bollinger Band 135.10
Price 131.35
Daily Stochastic Crossing 130.96
50 Day Moving Average 125.54
Quarterly Trendline Resistance 125.04
Parabolic System 123.82
20 Day Moving Average 119.02
Weekly Stochastic Crossing 117.55
Lower Bollinger Band 110.15
Quarterly Trendline Support 107.34
Sector and Industry
Description Name Rank
Sector Consumer Staples 8
Industry Distillers & Vintners 54
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 110.60
Low Date 10/05/2026
High 132.11
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 110.60
Low Date 10/05/2026
High 132.11
High Date 10/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 110.60
Low Date 10/05/2026
High 132.11
High Date 10/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 125.04
Support 107.34
High 168.60
High Date 04/13/2026
Low 110.60
Low Date 10/05/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 274.87
High Date 04/11/2024
Low 110.60
Low Date 10/05/2026
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.