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Key trend lines are consecutively breaking, and the technical collapse of the seven major U.S. stock market giants is accelerating.
The technical outlook for the “Magnificent 7” (MAG 7) in the U.S. stock market is collectively deteriorating, and the speed is increasing. From the breaking of trend lines to the loss of momentum, several core heavyweight stocks are simultaneously breaking through critical support levels, and the technical damage is compounding and reinforcing itself.
MAG 7 has collectively dropped about 15% from its peak, approaching the scale of the pullback seen in the summer of 2024. The collective loss of market leaders puts further pressure on long positions to reduce exposure passively—while the current market positions have yet to fully digest this structural change, which is a key risk for a potential acceleration of the downward trend.
Currently, Apple is the relatively strong “last one” among the seven constituent stocks, while the K-line trends of the other six have shown varying degrees of technical breakdown. Once the market’s focus, MAG 7 is now synchronously disintegrating—trend lines bending first, followed by the loss of critical price levels, and the pressure for deleveraging is beginning to emerge.
META: Trend line broken, oversold signal lacks effective support
Earlier this week, META broke a major upward trend line and further accelerated downward in the following trading days. Currently, the stock’s closing price is notably below the 200-day moving average, which is rare in recent times.
From the perspective of momentum indicators, the RSI (Relative Strength Index) has fallen to its most oversold level since the significant drop in December 2024. However, the first substantial support level will not appear until around $500, indicating that there is still considerable space between the current level and effective support.
Microsoft: Death cross of momentum persists, weekly RSI hits lowest since 2006
Microsoft (MSFT) recently broke below a long-term upward trend line maintained since 2023, and the selling pressure has continued to expand. The 20-day moving average is far above $480, posing a heavy overhead pressure on the current stock price.
More importantly, the “death cross” (50-day moving average crossing below the 200-day moving average) marked by technical analysts in mid-January remains firmly in place. The first real support level below is approximately $350, while around $400 is the first resistance, with the 50-day moving average also falling within this range. The weekly RSI is currently at its lowest level since 2006, indicating a rare degree of weakness in long-term momentum.
Nvidia and Amazon: Range-bound, unclear direction
Nvidia (NVDA) has exhibited an unusually calm trend. Since July of last year, the stock has been essentially trapped in a narrow range of about $25, recently closing below the 200-day moving average, but as of now, a clear directional signal has not yet been triggered by a technical breakout.
Amazon (AMZN) is in a similar predicament—its stock price has hardly moved since November of last year, struggling below the 200-day moving average, yet still remains above its longer-term trend line, caught in a difficult deadlock.
Google and Tesla: Key support is precarious
Alphabet (GOOG), Google’s parent company, has traditionally been the most stable member of MAG 7, but the current adjustment has spread to this “ballast.” GOOG is now approaching the intersection of the long-term trend line and the 200-day moving average, with that support zone still about $15 to $20 below the current stock price, leaving the ability to hold it uncertain.
Tesla (TSLA) is hovering near a critical trend line, with its stock price slightly below the 200-day moving average. Expanding the time dimension, Tesla has essentially been a trendless stock for years, oscillating within a wide range, and the current level has essentially returned to where it was at the end of 2021.
Apple: Defying the trend, support convergence becomes a key observation point
Among the seven constituent stocks, Apple is currently the only one showing relatively resilient performance, categorized by the market as a beneficiary of the “anti-AI” logic. The upward trend line extending from the “Liberation Day” low intersects with the 200-day moving average at the current position, forming a key support area that warrants close attention.
If Apple also shows a clear breakdown, MAG 7 will truly enter a phase of total loss.
Technical damage accumulates, leading pattern faces systemic collapse
The deterioration of the technical outlook is highly concerning as it is evolving from an individual stock issue to a collective phenomenon. ZeroHedge points out that when multiple core heavyweight stocks simultaneously break through key support levels such as trend lines and moving averages, the previously dispersed selling pressure can quickly form a collective force, triggering a chain reaction of passive position adjustments.
Once a support for the entire market, MAG 7 is now heading toward technical loss at a similar pace—trend lines bending first, price levels subsequently lost, and once deleveraging begins, it often accelerates itself. For investors, this round is not an isolated issue for a particular stock but a systemic loosening of the structural leading forces.
Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. Any actions taken based on this information are at your own risk.