PUXIN LTD-ADR (NEW) Stock Technical Analysis
NYSE:NEW - New York Stock Exchange, Inc. - US74704P4054 - ADR
Taking everything into account, NEW scores 0 out of 10 in our technical rating. NEW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than NEW.
NEW is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 80% are performing better than NEW.
NEW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NEW has a been trading in the 1.13 - 2.22 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
NEW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.35
2.63
When analyzing the resistance we notice one important area.
- Resistance @2.60 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NEW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEW is down. |
| ChartMill Relative Strength | 4.42 | NEGATIVE | NEW has a low relative strength, it was outperformed by 95.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.13 | NEUTRAL | The RSI value for NEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.17 | NEUTRAL | The Stochastics value for NEW is a neutral value. |
| Average True Range in percent/ATR (20) | 14.7 | HIGH VOLATILITY | The high ATR as a percentage value for NEW suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:NEW (5/3/2022, 8:22:04 PM)
1.36
+0.08 (+6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg6.25%
1 Week2.26%
2 Weeks-8.11%
1 Month-34.93%
3 Month-38.46%
6 Month-79.39%
12 Month-95.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%14.7%
ATR Inc-42.73%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.42
Mansfield-7.92
10 Day High1.7
10 Day Low1.13
20 Day High2.22
20 Day Low1.13
52 Week High32.1
52 Week Low1.13
CS1 EndN/A
CR1 Start2.6
Volume & EV
DER(3)2.95%
DER(5)2.8%
Volume45.50K
Volume Incr20.86%
Vol(5)130.26K
Vol(50)326.71K