|
|
Uptrend ExhaustionArchive - 10/23/2026 - Sign In to see current Signals. |
Arista Net (ANET) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Arista Net (ANET). During the week, the ANET dropped -4.61 points, or -2.60%, and closed at 172.37 on Friday, October 23, 2026. Weekly volume was -16% below 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. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See ANET medium-term trend chart] A medium-term uptrend had started on March 30, 2026 at 115.42 and reached 217.41 on October 9, 2026. ANET gained -101.99 points, or -88.36%, in 27 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (202.57) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ANET may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.
Weekly Technical Indicators: [See ANET weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 October 9, 2026 at 217.41 and reached 168.25 on October 23, 2026. ANET lost 49.16 points, or 22.61%, in 14 days. The price is now at the 8.38% retracement level.
Daily Technical Indicators: [See ANET daily technical indicators chart] Daily 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 daily Lane's Stochastic or strongly oversold daily 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 daily MACD line is below its signal line since October 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
Candlestick pattern: [See ANET candlestick chart pattern] On Friday the chart has formed a Bearish Thrusting Candlestick pattern. This pattern occurs in a downtrend and it shows a rally failure in a down market. This is a weak continuation pattern. The reliability of the Bearish Thrusting pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Thrusting Candlestick pattern during the last week.
| |
|
|