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Downtrend Broken Resist.Archive
- 2/14/2025 -
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Arista Net (ANET) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Arista Net (ANET). During the week, the ANET dropped -11.60 points, or -9.79%, and closed at 106.90 on Friday, February 14, 2025. Weekly volume was 189% above average.
 Long-term trend: [See ANET long-term trend chart]
A long-term downtrend had started on November 7, 2024 at 432.00 and reached 97.70 on January 27, 2025. ANET lost 334.30 points, or 77.38%, in 11 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (96.24) 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 long-term trend.
 Medium-term trend: [See ANET medium-term trend chart]
A medium-term uptrend had started on January 27, 2025 at 97.70 and reached 121.00 on February 10, 2025. ANET gained -23.30 points, or -23.85%, in 2 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See ANET weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 15, 2024. 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 February 10, 2025 at 121.00 and reached 106.30 on February 14, 2025. ANET lost 14.70 points, or 12.15%, in 4 days. Price is near the trend low.
 Daily Technical Indicators: [See ANET daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since December 18, 2024. The distance between MACD and the signal line is low and getting smaller.
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.
During the last week, the 20 Day Moving Average 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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