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Movies & Entertainment Industry Stocks Technical Analysis - FOXArchive - 3/21/2025 - Sign In to see current Signals. |
FOX ENTMT GROUP (FOX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week for the FOX ENTMT GROUP (FOX). During the week, the FOX gained 1.04 points, or 2.15%, and closed at 49.44 on Friday, March 21, 2025. Weekly volume was -10% below average. FOX is a member of Communication Services Sector. Communication Services is the 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 FOX long-term trend chart] A long-term uptrend had started on March 6, 2024 at 25.82 and reached 55.00 on March 3, 2025. FOX gained -29.18 points, or -113.01%, in 51 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 45.82 and resistance is at 56.01. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See FOX medium-term trend chart] A medium-term downtrend had started on March 3, 2025 at 55.00 and reached 47.03 on March 13, 2025. FOX lost 7.97 points, or 14.49%, in 1 weeks. The price is now at the 30.24% retracement level.
Weekly Technical Indicators: [See FOX weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See FOX short-term trend chart] A short-term uptrend had started on March 13, 2025 at 47.03 and reached 50.09 on March 21, 2025. FOX gained -3.06 points, or -6.51%, in 8 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See FOX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily 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 daily MACD line is below its signal line since February 26, 2025. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. Price is close to the 50 Day Moving Average. 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.
Candlestick pattern: [See FOX candlestick chart pattern] On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
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