TA Search |
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Monthly Price vs. Trendline: | Testing Support |
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Number of records: 4 |
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Advanced TA SearchArchive - 8/30/2024 - Sign In to see current Signals. |
FOX ENTMT GROUP (FOX) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the FOX ENTMT GROUP (FOX). During the week, the FOX climbed 0.29 points, or 0.76%, and closed at 38.43 on Friday, August 30, 2024. FOX was trading at average weekly trading volume. Long-term trend: [See FOX long-term trend chart] A long-term downtrend had started on February 10, 2022 at 40.91 and reached 25.82 on March 6, 2024. FOX lost 15.09 points, or 36.89%, in 107 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (25.62) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FOX may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend. Medium-term trend: [See FOX medium-term trend chart] A medium-term uptrend had started on March 6, 2024 at 25.82 and reached 38.48 on August 26, 2024. FOX gained -12.66 points, or -49.03%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (34.16) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 FOX weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since March 22, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help. Short-term trend: [See FOX short-term trend chart] A short-term uptrend had started on August 8, 2024 at 35.91 and reached 38.48 on August 26, 2024. FOX gained -2.57 points, or -7.16%, in 18 days. Price is near the trend high. Daily Technical Indicators: [See FOX daily technical indicators chart] Daily Lane's Stochastic is overbought while Relative Strength Index and Williams' Percentage Range are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Relative Strength Index and Williams' Percentage Range. The daily MACD line is above its signal line since August 19, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Communication Services |
7 |
Industry |
Movies & Entertainment |
71 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
35.91 |
Low Date |
08/08/2024 |
High |
38.48 |
High Date |
08/26/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
35.91 |
Low Date |
08/08/2024 |
High |
38.48 |
High Date |
08/26/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
40.33 |
Support |
35.57 |
Low |
30.51 |
Low Date |
06/17/2024 |
High |
38.48 |
High Date |
08/26/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Resistance |
Resistance |
36.46 |
Support |
34.16 |
Low |
25.82 |
Low Date |
03/06/2024 |
High |
38.48 |
High Date |
08/26/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Descending Triangle |
Status |
Broken Resistance |
Resistance |
24.60 |
Support |
25.62 |
High |
40.91 |
High Date |
02/10/2022 |
Low |
25.82 |
Low Date |
03/06/2024 |
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