The Greedy Trader Weekly Analysis
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Railroads Industry Stocks Technical Analysis - NSC

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- 5/2/2025 -
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Norfolk Southern Corp. (NSC) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Price is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
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It was a fourth positive week after 7 consecutive negative weeks for the Norfolk Southern Corp. (NSC). During the week, the NSC gained 2.65 points, or 1.20%, and closed at 224.36 on Friday, May 2, 2025. Weekly volume was -13% below average.

Long-term trend: [See NSC long-term trend chart]
A long-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 uptrend support line (237.16) 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 long-term trend.

Medium-term trend: [See NSC medium-term trend chart]
A medium-term downtrend had started on November 6, 2024 at 277.60 and reached 201.60 on April 7, 2025. NSC lost 76.00 points, or 27.38%, in 21 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 194.40 and resistance is at 261.02. 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See NSC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See NSC short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 201.60 and reached 231.21 on April 23, 2025. NSC gained -29.61 points, or -14.69%, in 16 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.17
Williams' Percentage Range (W%R) 25.20
Lane's Stochastic (%D-Slow) 51.81
Greed/Fear Indicator (GFI) 61.58
Moving Average Converg./Diverg. (MACD) -2.89
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.01
Williams' Percentage Range (W%R) 67.60
Lane's Stochastic (%D-Slow) 29.22
Greed/Fear Indicator (GFI) 34.76
Moving Average Converg./Diverg. (MACD) -3.54
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 261.02
Yearly Trendline Support 237.16
Upper Bollinger Band 233.66
50 Day Moving Average 229.63
Monthly Trendline Resistance 224.65
Daily Stochastic Crossing 224.58
Price 224.36
20 Day Moving Average 218.93
Weekly Stochastic Crossing 215.97
Lower Bollinger Band 212.41
Parabolic System 211.85
Quarterly Trendline Support 194.40
Sector and Industry
Description Name Rank
Sector Industrials 7
Industry Railroads 15
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 218.93
Low Date 04/30/2025
High 225.78
High Date 05/02/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 201.60
Low Date 04/07/2025
High 231.21
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 224.65
Support 177.70
High 270.00
High Date 01/29/2025
Low 201.60
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 261.02
Support 194.40
High 277.60
High Date 11/06/2024
Low 201.60
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 287.74
Support 237.16
Low 183.09
Low Date 10/25/2023
High 277.60
High Date 11/06/2024
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.