The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 4/25/2025 -
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NEWS CORP LTD (NWS) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend support at 30.77Broken trend resistance line
Daily :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaLane's Stochastic bearish divergencePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the NEWS CORP LTD (NWS). During the week, the NWS gained 1.23 points, or 4.10%, and closed at 31.23 on Friday, April 25, 2025. Weekly volume was -35% 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 uptrend had started on November 9, 2022 at 15.15 and reached 35.25 on February 19, 2025. NWS gained -20.10 points, or -132.67%, in 119 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (30.77) 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 long-term trend.

Medium-term trend: [See NWS medium-term trend chart]
A medium-term downtrend had started on February 19, 2025 at 35.25 and reached 26.25 on April 7, 2025. NWS lost 9.00 points, or 25.53%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (24.03) 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 medium-term trend.

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

The weekly MACD line is below its signal line since March 7, 2025. 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 NWS short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 29.11 and reached 31.61 on April 23, 2025. NWS gained -2.50 points, or -8.59%, in 2 days. The price is now at the 15.2% retracement level.

Daily Technical Indicators: [See NWS daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 and Williams' Percentage Range help.

The daily MACD line is above its signal line since April 10, 2025. This is an indication that the short-term trend is up.

During the last week, the price has moved above 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.09
Williams' Percentage Range (W%R) 12.70
Overbought
Lane's Stochastic (%D-Slow) 76.08
Bearish
Greed/Fear Indicator (GFI) 78.49
Moving Average Converg./Diverg. (MACD) -0.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.68
Williams' Percentage Range (W%R) 48.00
Lane's Stochastic (%D-Slow) 27.78
Greed/Fear Indicator (GFI) 42.97
Moving Average Converg./Diverg. (MACD) 0.61
Trading Signals
Description Value Chart
Yearly Trendline Resistance 37.08
Upper Bollinger Band 32.36
Price 31.23
Daily Stochastic Crossing 31.09
50 Day Moving Average 31.03
Yearly Trendline Support 30.77
20 Day Moving Average 29.81
Parabolic System 29.02
Weekly Stochastic Crossing 28.28
Lower Bollinger Band 28.13
Quarterly Trendline Resistance 26.63
Sector and Industry
Description Name Rank
Sector Communication Services 9
Industry Publishing 64
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 29.11
Low Date 04/21/2025
High 31.61
High Date 04/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 29.11
Low Date 04/21/2025
High 31.61
High Date 04/23/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.25
Low Date 04/07/2025
High 31.61
High Date 04/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 26.63
Support 24.03
High 35.25
High Date 02/19/2025
Low 26.25
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 37.08
Support 30.77
Low 15.15
Low Date 11/09/2022
High 35.25
High Date 02/19/2025
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.