What chart pattern is ChartPattern.io tracking on News Corp?
ChartPattern.io is currently tracking Ascending Triangle on News Corp in the Communication Services stock.
Live Communication Services stock scanner page for News Corp. Review the ascending triangle setup, chart structure, and trade levels in one place.
Market participants tracking News Corp (Class B) should note the latest formation. With a last close of $33.47, volatility remains active (-0.89%). Algorithmically, a Ascending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $34.18, targeting $37.28 with support near $31.95 (R:R 1.39).
NWS is part of the Communication Services stock on ChartPattern.io. The scanner currently highlights Ascending Triangle as the leading setup, with an entry near $34.18, a stop around $31.95, and a target near $37.28.
Ascending Triangle
40/100 CP Index
Entry $34.18 · Stop $31.95 · Target $37.28
A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
What is your outlook on NWS?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on NWS.
ChartPattern.io is currently tracking Ascending Triangle on News Corp in the Communication Services stock.
The current trade plan points to an entry near $34.18, a stop near $31.95, and a target near $37.28.
News Corp currently leans bearish. The page is showing a CP Index of 40/100, which helps summarize the current technical setup.