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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- 10/2/2026 -
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T. Rowe Price Group (TROW) Technical Analysis

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Summary:
Weekly :Broken trend support lineBroken trend resistance lineLane's Stochastic is oversold
Daily :Broken trend resistance lineBearish Dark Cloud Cover Candlestick
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It was the negative week for the T. Rowe Price Group (TROW). During the week, the TROW gave back -0.89 points, or -0.84%, and closed at 104.62 on Friday, October 2, 2026. Weekly volume was -16% below average.

Long-term trend: [See TROW long-term trend chart]
A long-term downtrend had started on August 30, 2021 at 224.56 and reached 77.85 on April 7, 2025. TROW lost 146.71 points, or 65.33%, in 188 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (67.89) is broken. A broken support is considered to be a long-term bullish signal. 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 TROW medium-term trend chart]
A medium-term uptrend had started on March 20, 2026 at 85.22 and reached 122.00 on July 28, 2026. TROW gained -36.78 points, or -43.16%, in 18 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (133.19) is broken. A broken support is considered to be a long-term bearish signal. 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 TROW weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since August 28, 2026. Use the following link to access a MACD help.

Short-term trend: [See TROW short-term trend chart]
A short-term downtrend had started on July 28, 2026 at 122.00 and reached 101.45 on September 16, 2026. TROW lost 20.55 points, or 16.84%, in 50 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (96.22) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.

Daily Technical Indicators: [See TROW daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since September 24, 2026. The distance between MACD and the signal line is low, but getting bigger.

Candlestick pattern: [See TROW candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.75
Williams' Percentage Range (W%R) 40.90
Lane's Stochastic (%D-Slow) 60.49
Greed/Fear Indicator (GFI) 55.13
Moving Average Converg./Diverg. (MACD) -1.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.99
Williams' Percentage Range (W%R) 71.30
Lane's Stochastic (%D-Slow) 11.75
Oversold
Greed/Fear Indicator (GFI) 27.35
Moving Average Converg./Diverg. (MACD) 2.65
Trading Signals
Description Value Chart
50 Day Moving Average 110.09
Upper Bollinger Band 109.77
Daily Stochastic Crossing 105.45
20 Day Moving Average 105.31
Price 104.62
Parabolic System 103.24
Weekly Stochastic Crossing 102.94
Weekly Trendline Resistance 102.15
Lower Bollinger Band 102.04
Weekly Trendline Support 96.22
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Asset Management & Custody Banks 78
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 101.45
Low Date 09/16/2026
High 107.01
High Date 10/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 102.15
Support 96.22
High 122.00
High Date 07/28/2026
Low 101.45
Low Date 09/16/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 134.65
Support 133.19
Low 85.22
Low Date 03/20/2026
High 122.00
High Date 07/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 77.85
Low Date 04/07/2025
High 122.00
High Date 07/28/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 71.21
Support 67.89
High 224.56
High Date 08/30/2021
Low 77.85
Low Date 04/07/2025
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.