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Downtrend exhaustion - Stock Market Timing Signals and trading strategies.

Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.

Downtrend Exhaustion

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- 5/15/2026 -
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Norfolk Southern Corp. (NSC) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is overboughtTrend support at 315.08
Daily :The price has fallen below the Parabolic SAR
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It was a first positive week for the Norfolk Southern Corp. (NSC). During the week, the NSC gained 3.94 points, or 1.26%, and closed at 315.95 on Friday, May 15, 2026. Weekly volume was -24% below average.

Long-term trend: [See NSC long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 201.60 and reached 323.37 on April 24, 2026. NSC gained -121.77 points, or -60.40%, in 54 weeks. The price is now at the 6.09% retracement level.

Medium-term trend: [See NSC medium-term trend chart]
A medium-term uptrend had started on March 20, 2026 at 277.90 and reached 323.37 on April 24, 2026. NSC gained -45.47 points, or -16.36%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (315.08) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.

Weekly Technical Indicators: [See NSC weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 24, 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 NSC short-term trend chart]
A short-term downtrend had started on April 24, 2026 at 323.37 and reached 308.83 on May 12, 2026. NSC lost 14.54 points, or 4.50%, in 18 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 308.14 and resistance is at 317.01. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.

Daily Technical Indicators: [See NSC daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since May 7, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.16
Williams' Percentage Range (W%R) 28.50
Lane's Stochastic (%D-Slow) 39.89
Greed/Fear Indicator (GFI) 52.53
Moving Average Converg./Diverg. (MACD) 4.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.98
Williams' Percentage Range (W%R) 15.80
Overbought
Lane's Stochastic (%D-Slow) 73.14
Greed/Fear Indicator (GFI) 69.29
Moving Average Converg./Diverg. (MACD) 5.94
Trading Signals
Description Value Chart
Monthly Trendline Resistance 327.04
Parabolic System 322.82
Upper Bollinger Band 322.29
Weekly Trendline Resistance 317.01
Price 315.95
Monthly Trendline Support 315.08
Daily Stochastic Crossing 314.13
Weekly Stochastic Crossing 313.49
20 Day Moving Average 313.04
Weekly Trendline Support 308.14
50 Day Moving Average 299.85
Lower Bollinger Band 299.42
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Railroads 113
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 308.83
Low Date 05/12/2026
High 317.91
High Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 317.01
Support 308.14
High 323.37
High Date 04/24/2026
Low 308.83
Low Date 05/12/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 327.04
Support 315.08
Low 277.90
Low Date 03/20/2026
High 323.37
High Date 04/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 201.60
Low Date 04/07/2025
High 323.37
High Date 04/24/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 183.09
Low Date 10/25/2023
High 323.37
High Date 04/24/2026
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.