The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
Share
Number of records: 0
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/26/2024 -
Sign In to see current Signals.

FOX ENTMT GROUP (FOX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtA Parabolic SAR indicator is above and near the priceDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was the negative week for the FOX ENTMT GROUP (FOX). During the week, the FOX gave back -0.06 points, or -0.21%, and closed at 28.81 on Friday, April 26, 2024. Weekly volume was -28% below average.

Long-term trend: [See FOX long-term trend chart]
A long-term downtrend had started on February 7, 2024 at 30.50 and reached 25.82 on March 6, 2024. FOX lost 4.68 points, or 15.34%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (28.33) 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. FOX 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 FOX medium-term trend chart]
A medium-term uptrend had started on March 6, 2024 at 25.82 and reached 29.37 on April 25, 2024. FOX gained -3.55 points, or -13.75%, in 7 weeks. The price is now at the 15.77% retracement level.

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

The weekly MACD line is above its signal line since March 22, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FOX short-term trend chart]
A short-term uptrend had started on April 12, 2024 at 27.63 and reached 29.37 on April 25, 2024. FOX gained -1.74 points, or -6.30%, in 13 days. The price is now at the 32.18% retracement level.

Daily Technical Indicators: [See FOX 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. 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

A Parabolic SAR (stop and reversal) indicator (28.65) comes close to the price (28.81). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.60
Williams' Percentage Range (W%R) 12.10
Overbought
Lane's Stochastic (%D-Slow) 87.74
Overbought
Greed/Fear Indicator (GFI) 76.09
Moving Average Converg./Diverg. (MACD) 0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.40
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 65.78
Greed/Fear Indicator (GFI) 61.38
Moving Average Converg./Diverg. (MACD) -0.40
Trading Signals
Description Value Chart
Upper Bollinger Band 29.39
Daily Stochastic Crossing 29.18
Price 28.81
Parabolic System 28.65
20 Day Moving Average 28.54
Monthly Trendline Resistance 28.50
Monthly Trendline Support 28.33
Weekly Stochastic Crossing 28.32
50 Day Moving Average 27.76
Lower Bollinger Band 27.60
Sector and Industry
Description Name Rank
Sector Communication Services 5
Industry Movies & Entertainment 79
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 27.63
Low Date 04/12/2024
High 29.37
High Date 04/25/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.82
Low Date 03/06/2024
High 29.37
High Date 04/25/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 28.50
Support 28.33
High 30.50
High Date 02/07/2024
Low 25.82
Low Date 03/06/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 34.42
High Date 02/16/2023
Low 25.82
Low Date 03/06/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 40.91
High Date 02/10/2022
Low 25.82
Low Date 03/06/2024
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.