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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

Archive
- 8/7/2026 -
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Norfolk Southern Corp. (NSC) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineTrend resistance at 335.13
Daily :The price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Norfolk Southern Corp. (NSC). During the week, the NSC gave back -1.12 points, or -0.33%, and closed at 334.36 on Friday, August 7, 2026. Weekly volume was -21% below average.

NSC is a member of Industrials Sector. Industrials 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 NSC long-term trend chart]
A long-term uptrend had started on October 25, 2023 at 183.09 and reached 358.60 on July 23, 2026. NSC gained -175.51 points, or -95.86%, in 143 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (241.15) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 NSC medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 201.60 and reached 358.60 on July 23, 2026. NSC gained -157.00 points, or -77.88%, in 67 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (335.13). 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 medium-term trend.

Weekly Technical Indicators: [See NSC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since July 2, 2026. This is an indication that the medium-term trend is up. 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 July 30, 2026 at 328.78 and reached 344.99 on August 6, 2026. NSC gained -16.21 points, or -4.93%, in 7 days. The price is now at the 65.58% retracement level.

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

The daily MACD line is below its signal line since July 29, 2026. The distance between MACD and the signal line is low, but getting bigger.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.47
Williams' Percentage Range (W%R) 55.00
Lane's Stochastic (%D-Slow) 41.82
Greed/Fear Indicator (GFI) 45.43
Moving Average Converg./Diverg. (MACD) 5.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.51
Williams' Percentage Range (W%R) 24.00
Lane's Stochastic (%D-Slow) 79.49
Greed/Fear Indicator (GFI) 70.18
Moving Average Converg./Diverg. (MACD) 8.26
Trading Signals
Description Value Chart
Parabolic System 352.89
Upper Bollinger Band 347.53
Weekly Stochastic Crossing 344.78
20 Day Moving Average 337.07
Daily Stochastic Crossing 336.18
Quarterly Trendline Resistance 335.13
Price 334.36
Lower Bollinger Band 322.19
50 Day Moving Average 321.89
Yearly Trendline Resistance 314.56
Quarterly Trendline Support 308.60
Sector and Industry
Description Name Rank
Sector Industrials 10
Industry Railroads 100
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 344.99
High Date 08/06/2026
Low 334.33
Low Date 08/07/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 328.78
Low Date 07/30/2026
High 344.99
High Date 08/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 297.45
Low Date 06/17/2026
High 358.60
High Date 07/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Resistance
Resistance 335.13
Support 308.60
Low 201.60
Low Date 04/07/2025
High 358.60
High Date 07/23/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 314.56
Support 241.15
Low 183.09
Low Date 10/25/2023
High 358.60
High Date 07/23/2026
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.