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Downtrend ExhaustionArchive - 4/25/2025 - Sign In to see current Signals. |
Norfolk Southern Corp. (NSC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 7 consecutive negative weeks for the Norfolk Southern Corp. (NSC). During the week, the NSC climbed 1.87 points, or 0.85%, and closed at 221.71 on Friday, April 25, 2025. Weekly volume was 38% above average.
Long-term trend: [See NSC long-term trend chart] A long-term uptrend had started on October 25, 2023 at 183.09 and reached 277.60 on November 6, 2024. NSC gained -94.51 points, or -51.62%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (236.45) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
Medium-term trend: [See NSC medium-term trend chart] A medium-term downtrend had started on January 29, 2025 at 270.00 and reached 201.60 on April 7, 2025. NSC lost 68.40 points, or 25.33%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 190.31 and resistance is at 228.02. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NSC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See NSC short-term trend chart] A short-term uptrend had started on April 7, 2025 at 201.60 and reached 231.21 on April 23, 2025. NSC gained -29.61 points, or -14.69%, in 16 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (221.93) 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 short-term trend.
Daily Technical Indicators: [See NSC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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