NEWTEKONE INC (NEWT) Stock Technical Analysis
USA - NASDAQ:NEWT - US6525262035 - Common Stock
11.97 USD
-0.04 (-0.33%)
11.97 USD
0 (0%)
Overall NEWT gets a technical rating of 5 out of 10. In the last year, NEWT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month NEWT has a been trading in the 11.44 - 12.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, NEWT turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
NEWT is an average performer in the Financial Services industry, it outperforms 58% of 101 stocks in the same industry.
NEWT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEWT is lagging the market.
Although the technical rating is only medium, NEWT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.89, a Stop Loss order could be placed below this zone.
More info and screens
10.27
14.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.73 to 11.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.20 from a horizontal line in the daily time frame.
- Support @10.86 from a trend line in the weekly time frame.
- A support zone ranging from 10.37 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.05 to 12.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.49 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.64 from a trend line in the weekly time frame.
- Resistance @14.84 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NEWT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEWT is neutral. |
| ChartMill Relative Strength | 46.32 | NEUTRAL | NEWT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEWT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEWT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NEWT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for NEWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEWT has a negative trend. |
| Stochastics (14,3) | 55.05 | NEUTRAL | The Stochastics value for NEWT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for NEWT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for NEWT suggests a weak or negative trend. |
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)
11.97
-0.04 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.33%
1 Week-4.47%
2 Weeks2.22%
1 Month-3.39%
3 Month5.84%
6 Month0.93%
12 Month-1.89%
2 Year-18.85%
3 Year-26.65%
5 Year-35.54%
10 Year-27.15%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.64%
ATR Inc-24.97%
Range Today0.19
ADR(20)0.3
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.32
Mansfield-1.09
10 Day High12.54
10 Day Low11.47
20 Day High12.54
20 Day Low11.44
52 Week High15.49
52 Week Low9.12
CS1 End11.89
CR1 Start12.05
Volume & EV
DER(3)-5.45%
DER(5)-5.79%
Volume102.00K
Volume Incr-3.49%
Vol(5)192.64K
Vol(50)218.53K