The Greedy Trader Weekly Analysis
Sign In Sep 12, 2025
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• 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
- 9/5/2025 -
Sign In to see current Signals.

Materials Select Sector SPDR (XLB) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Stochastic signal line moved below overbought area
Move cursor over the icon to see details.

It was the negative week for the Materials Select Sector SPDR (XLB). During the week, the XLB gave back -0.32 points, or -0.35%, and closed at 91.96 on Friday, September 5, 2025. Weekly volume was 14% above average.

Long-term trend: [See XLB long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 17.83 and reached 97.87 on October 18, 2024. XLB gained -80.04 points, or -448.91%, in 815 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 79.07 and resistance is at 96.46. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See XLB medium-term trend chart]
A medium-term downtrend had started on October 18, 2024 at 97.87 and reached 73.12 on April 8, 2025. XLB lost 24.75 points, or 25.29%, in 24 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (57.16) 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 medium-term trend.

Weekly Technical Indicators: [See XLB 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 May 16, 2025. Use the following link to access a MACD help.

Short-term trend: [See XLB short-term trend chart]
A short-term uptrend had started on August 1, 2025 at 86.02 and reached 92.72 on August 29, 2025. XLB gained -6.70 points, or -7.79%, in 28 days. The price is now at the 11.34% retracement level.

Daily Technical Indicators: [See XLB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since August 12, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.60
Williams' Percentage Range (W%R) 20.80
Lane's Stochastic (%D-Slow) 61.26
Greed/Fear Indicator (GFI) 68.35
Moving Average Converg./Diverg. (MACD) 0.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.28
Williams' Percentage Range (W%R) 8.50
Strong Overbought
Lane's Stochastic (%D-Slow) 62.83
Greed/Fear Indicator (GFI) 69.30
Moving Average Converg./Diverg. (MACD) 0.45
Trading Signals
Description Value Chart
Yearly Trendline Resistance 96.46
Upper Bollinger Band 93.43
Price 91.96
Daily Stochastic Crossing 91.59
Weekly Stochastic Crossing 90.78
20 Day Moving Average 90.75
50 Day Moving Average 90.28
Parabolic System 89.87
Lower Bollinger Band 88.43
Quarterly Trendline Resistance 79.27
Yearly Trendline Support 79.07
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 92.72
High Date 08/29/2025
Low 90.22
Low Date 09/04/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 86.02
Low Date 08/01/2025
High 92.72
High Date 08/29/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.12
Low Date 04/08/2025
High 92.86
High Date 07/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 79.27
Support 57.16
High 97.87
High Date 10/18/2024
Low 73.12
Low Date 04/08/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 96.46
Support 79.07
Low 17.83
Low Date 03/06/2009
High 97.87
High Date 10/18/2024
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.