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Railroads Industry Stocks Technical Analysis - NSCArchive
- 1/24/2025 -
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Norfolk Southern Corp. (NSC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Norfolk Southern Corp. (NSC). During the week, the NSC gained 9.40 points, or 3.83%, and closed at 254.70 on Friday, January 24, 2025. Weekly volume was 29% above average.
 Long-term trend: [See NSC long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 299.20 and reached 183.09 on October 25, 2023. NSC lost 116.11 points, or 38.81%, in 94 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (227.48) 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. NSC 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 long-term trend.
 Medium-term trend: [See NSC medium-term trend chart]
A medium-term uptrend had started on October 25, 2023 at 183.09 and reached 277.60 on November 6, 2024. NSC gained -94.51 points, or -51.62%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 227.48 and resistance is at 281.99. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See NSC 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 December 13, 2024. Use the following link to access a MACD help.
 Short-term trend: [See NSC short-term trend chart]
A short-term downtrend had started on November 6, 2024 at 277.60 and reached 230.00 on December 20, 2024. NSC lost 47.60 points, or 17.15%, in 44 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 203.85 and resistance is at 277.60. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See NSC daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since January 3, 2025. The distance between MACD and the signal line is relatively high and getting bigger.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
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