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.

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- 4/25/2025 -
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News Corporation (NWSA) Technical Analysis

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Summary:
Weekly :Overbought sectorPrice is near the Fibonacci 23.6% retracement levelBroken trend resistance line
Daily :Williams' Percentage Range is overboughtPrice is close to the 50 Day Moving AverageThe price has risen above the Parabolic SARThe 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 Corporation (NWSA). During the week, the NWSA gained 1.27 points, or 4.91%, and closed at 27.13 on Friday, April 25, 2025. Weekly volume was -8% below average.

NWSA 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 NWSA long-term trend chart]
A long-term uptrend had started on September 29, 2022 at 14.87 and reached 30.69 on February 19, 2025. NWSA gained -15.82 points, or -106.39%, in 124 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See NWSA medium-term trend chart]
A medium-term downtrend had started on February 19, 2025 at 30.69 and reached 23.38 on April 7, 2025. NWSA lost 7.31 points, or 23.82%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (21.19) 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. NWSA 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 NWSA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 21, 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 NWSA short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 23.38 and reached 27.24 on April 23, 2025. NWSA gained -3.86 points, or -16.51%, in 16 days. Price is near the trend high.

Daily Technical Indicators: [See NWSA 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. 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 daily MACD line is above its signal line since April 11, 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.

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.

Price is close to the 50 Day Moving Average. While 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) 67.25
Williams' Percentage Range (W%R) 17.00
Overbought
Lane's Stochastic (%D-Slow) 77.95
Greed/Fear Indicator (GFI) 76.07
Moving Average Converg./Diverg. (MACD) -0.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.71
Williams' Percentage Range (W%R) 53.90
Lane's Stochastic (%D-Slow) 27.11
Greed/Fear Indicator (GFI) 40.28
Moving Average Converg./Diverg. (MACD) 0.06
Trading Signals
Description Value Chart
Upper Bollinger Band 28.18
50 Day Moving Average 27.19
Price 27.13
Daily Stochastic Crossing 26.88
20 Day Moving Average 26.03
Monthly Trendline Resistance 25.28
Parabolic System 25.14
Weekly Stochastic Crossing 24.99
Lower Bollinger Band 24.48
Sector and Industry
Description Name Rank
Sector Communication Services 9
Industry Publishing 64
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 25.08
Low Date 04/21/2025
High 27.24
High Date 04/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 23.38
Low Date 04/07/2025
High 27.24
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 25.28
Support 21.19
High 30.69
High Date 02/19/2025
Low 23.38
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.87
Low Date 09/29/2022
High 30.69
High Date 02/19/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.90
Low Date 04/02/2020
High 30.69
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.