The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/25/2025 -
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Arista Net (ANET) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance lineLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :The price moved above the moving average in the center of the Bollinger BandsThe period of low volatility of the stock price
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It was a first positive week for the Arista Net (ANET). During the week, the ANET gained 6.71 points, or 9.42%, and closed at 77.91 on Friday, April 25, 2025. Weekly volume was 113% 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 59.43 on April 7, 2025. ANET lost 372.57 points, or 86.24%, in 21 weeks. Price is near the trend low.

Medium-term trend: [See ANET medium-term trend chart]
A medium-term downtrend had started on January 24, 2025 at 133.60 and reached 59.43 on April 7, 2025. ANET lost 74.17 points, or 55.52%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (49.68) 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. 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 above its signal line since April 4, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See ANET short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 66.59 and reached 79.00 on April 25, 2025. ANET gained -12.41 points, or -18.64%, in 4 days. The price is now at the 8.78% 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 April 8, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 21% on Friday. It is 59.20% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.10
Williams' Percentage Range (W%R) 22.00
Lane's Stochastic (%D-Slow) 49.22
Greed/Fear Indicator (GFI) 66.09
Moving Average Converg./Diverg. (MACD) -4.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.40
Williams' Percentage Range (W%R) 95.10
Strong Oversold
Lane's Stochastic (%D-Slow) 17.01
Oversold
Greed/Fear Indicator (GFI) 20.84
Moving Average Converg./Diverg. (MACD) -57.24
Trading Signals
Description Value Chart
Upper Bollinger Band 82.92
50 Day Moving Average 82.80
Price 77.91
Daily Stochastic Crossing 73.92
20 Day Moving Average 72.94
Lower Bollinger Band 66.56
Parabolic System 65.83
Weekly Stochastic Crossing 65.49
Quarterly Trendline Resistance 64.09
Sector and Industry
Description Name Rank
Sector Information Technology 1
Industry Communications Equipment 45
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 66.59
Low Date 04/21/2025
High 79.00
High Date 04/25/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.59
Low Date 04/21/2025
High 79.00
High Date 04/25/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 77.65
High Date 04/09/2025
Low 66.59
Low Date 04/21/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 64.09
Support 49.68
High 133.60
High Date 01/24/2025
Low 59.43
Low Date 04/07/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 432.00
High Date 11/07/2024
Low 59.43
Low Date 04/07/2025
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.