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Archive - 4/24/2026 - Sign In to see current Signals. |
NEWS CORP LTD (NWS) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a sixth consecutive positive week for the NEWS CORP LTD (NWS). During the week, the NWS climbed 0.28 points, or 0.93%, and closed at 30.24 on Friday, April 24, 2026. Weekly volume was -18% below average. NWS is a member of Communication Services Sector. Communication Services 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 NWS long-term trend chart] A long-term downtrend had started on August 6, 2025 at 35.58 and reached 25.49 on February 13, 2026. NWS lost 10.09 points, or 28.36%, in 27 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (23.76) 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. NWS 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 NWS medium-term trend chart] A medium-term uptrend had started on February 13, 2026 at 25.49 and reached 30.96 on April 22, 2026. NWS gained -5.47 points, or -21.46%, in 9 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 28.09 and resistance is at 31.03. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NWS 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 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 NWS short-term trend chart] A short-term downtrend had started on April 22, 2026 at 30.96 and reached 30.03 on April 23, 2026. NWS lost 0.93 points, or 3.00%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See NWS daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since February 25, 2026. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (29.98) comes close to the price (30.24). It indicates that the trend is getting weaker. 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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