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Archive - 10/16/2026 - Sign In to see current Signals. |
News Corporation (NWSA) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a third consecutive positive week for the News Corporation (NWSA). During the week, the NWSA gained 0.91 points, or 3.12%, and closed at 30.03 on Friday, October 16, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -38% below average.
Long-term trend: [See NWSA long-term trend chart] A long-term uptrend had started on April 2, 2020 at 7.90 and reached 31.66 on August 27, 2026. NWSA gained -23.76 points, or -300.76%, in 334 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 24.12 and resistance is at 32.48. 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 NWSA medium-term trend chart] A medium-term uptrend had started on February 9, 2026 at 22.20 and reached 31.66 on August 27, 2026. NWSA gained -9.46 points, or -42.61%, in 28 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 26.28 and resistance is at 33.49. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NWSA 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 April 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 28, 2026 at 27.98 and reached 30.66 on October 16, 2026. NWSA gained -2.68 points, or -9.58%, in 18 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (28.60) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.
Daily Technical Indicators: [See NWSA 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 8, 2026. This is an indication that the short-term trend is up. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
Candlestick pattern: [See NWSA candlestick chart pattern] On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.
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