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Downtrend Broken Resist.Archive
- 10/23/2026 -
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21st Century Fox (FOXA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 3 consecutive negative weeks for the 21st Century Fox (FOXA). During the week, the FOXA gained 2.45 points, or 3.82%, and closed at 66.60 on Friday, October 23, 2026. It was the best weekly gain since August 14, 2026. Weekly volume was 44% above average.
 Long-term trend: [See FOXA long-term trend chart]
A long-term uptrend had started on October 27, 2022 at 28.01 and reached 76.39 on January 9, 2026. FOXA gained -48.38 points, or -172.72%, in 167 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 28.81 and resistance is at 87.08. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See FOXA medium-term trend chart]
A medium-term downtrend had started on January 9, 2026 at 76.39 and reached 48.34 on June 25, 2026. FOXA lost 28.05 points, or 36.72%, in 23 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (42.54) 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. FOXA 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 FOXA 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 August 7, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See FOXA short-term trend chart]
A short-term downtrend had started on August 18, 2026 at 70.95 and reached 60.26 on October 1, 2026. FOXA lost 10.69 points, or 15.07%, in 44 days. The chart has formed a Broadening Descending Wedge chart pattern.
 Daily Technical Indicators: [See FOXA daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since October 14, 2026. The distance between MACD and the signal line is low, but getting bigger.
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.
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