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Communications Equipment Industry Stocks Technical Analysis - ANETArchive - 3/21/2025 - Sign In to see current Signals. |
Arista Net (ANET) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Arista Net (ANET). During the week, the ANET gave back -0.38 points, or -0.46%, and closed at 83.13 on Friday, March 21, 2025. Weekly volume was 115% above average. ANET is a member of Information Technology Sector. Information Technology is the 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 ANET long-term trend chart] A long-term downtrend had started on November 7, 2024 at 432.00 and reached 76.00 on March 10, 2025. ANET lost 356.00 points, or 82.41%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 59.36 and resistance is at 88.35. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See ANET medium-term trend chart] A medium-term downtrend had started on February 10, 2025 at 121.00 and reached 76.00 on March 10, 2025. ANET lost 45.00 points, or 37.19%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (57.82) 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 ANET weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since November 15, 2024. 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 ANET short-term trend chart] A short-term downtrend had started on March 17, 2025 at 85.74 and reached 80.75 on March 21, 2025. ANET lost 4.99 points, or 5.82%, in 4 days. The price is now at the 47.70% retracement level.
Daily Technical Indicators: [See ANET daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 13, 2025. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is falling, and it was 23.91% on Friday. It is 52.48% lower than one year average. It indicates the period of low volatility of the stock price. 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.
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