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Uptrend ExhaustionArchive - 5/29/2026 - Sign In to see current Signals. |
Arista Net (ANET) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Arista Net (ANET). During the week, the ANET gained 5.44 points, or 3.53%, and closed at 159.47 on Friday, May 29, 2026. Weekly volume was 19% above average. ANET is a member of Information Technology Sector. Information Technology 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 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. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (7.33). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See ANET medium-term trend chart] A medium-term uptrend had started on November 21, 2025 at 114.52 and reached 179.80 on April 24, 2026. ANET gained -65.28 points, or -57.00%, in 22 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 116.77 and resistance is at 191.96. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ANET weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 April 24, 2026 at 179.80 and reached 135.13 on May 11, 2026. ANET lost 44.67 points, or 24.84%, in 17 days. The price is now at the 54.49% retracement level.
Daily Technical Indicators: [See ANET daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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