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Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 6/27/2025 -
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Norfolk Southern Corp. (NSC) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are strongly overboughtTrend resistance at 255.77
Daily :Williams' Percentage Range is overboughtThe price has risen above the Parabolic SARThe period of low volatility of the stock price
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It was a second consecutive positive week for the Norfolk Southern Corp. (NSC). During the week, the NSC gained 2.63 points, or 1.04%, and closed at 255.81 on Friday, June 27, 2025. Weekly volume was 7% above average.

NSC is a member of Industrials Sector. Industrials 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 NSC long-term trend chart]
A long-term uptrend had started on October 25, 2023 at 183.09 and reached 277.60 on November 6, 2024. NSC gained -94.51 points, or -51.62%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 242.57 and resistance is at 290.95. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See NSC medium-term trend chart]
A medium-term downtrend had started on November 6, 2024 at 277.60 and reached 201.60 on April 7, 2025. NSC lost 76.00 points, or 27.38%, in 21 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (255.77). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See NSC weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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.

The weekly MACD line is above its signal line since May 16, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See NSC short-term trend chart]
A short-term downtrend had started on June 24, 2025 at 258.29 and reached 252.54 on June 26, 2025. NSC lost 5.75 points, or 2.23%, in 2 days. The price is now at the 56.87% retracement level.

Daily Technical Indicators: [See NSC 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.

The daily MACD line is below its signal line since June 24, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

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.

The distance between the Bollinger Bands is falling, and it was 5.38% on Friday. It is 51.77% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.31
Williams' Percentage Range (W%R) 14.50
Overbought
Lane's Stochastic (%D-Slow) 79.23
Greed/Fear Indicator (GFI) 75.34
Moving Average Converg./Diverg. (MACD) 4.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.29
Williams' Percentage Range (W%R) 6.90
Strong Overbought
Lane's Stochastic (%D-Slow) 91.25
Strong Overbought
Greed/Fear Indicator (GFI) 79.89
Moving Average Converg./Diverg. (MACD) -2.06
Trading Signals
Description Value Chart
Yearly Trendline Resistance 290.95
Monthly Trendline Resistance 272.60
Upper Bollinger Band 257.54
Daily Stochastic Crossing 256.28
Price 255.81
Quarterly Trendline Resistance 255.77
Monthly Trendline Support 255.73
Weekly Stochastic Crossing 254.79
20 Day Moving Average 251.48
Parabolic System 249.21
Lower Bollinger Band 243.79
Yearly Trendline Support 242.57
50 Day Moving Average 238.95
Sector and Industry
Description Name Rank
Sector Industrials 9
Industry Railroads 87
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 258.29
High Date 06/24/2025
Low 252.54
Low Date 06/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 236.37
Low Date 05/23/2025
High 258.29
High Date 06/24/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 272.60
Support 255.73
Low 201.60
Low Date 04/07/2025
High 258.29
High Date 06/24/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 255.77
Support 179.20
High 277.60
High Date 11/06/2024
Low 201.60
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 290.95
Support 242.57
Low 183.09
Low Date 10/25/2023
High 277.60
High Date 11/06/2024
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.