NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) Stock Technical Analysis
USA - NASDAQ:NEWTG - US6525268800
Overall NEWTG gets a technical rating of 4 out of 10. In the last year, NEWTG was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, NEWTG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.92, a Stop Loss order could be placed below this zone.
More info and screens
23.89
We found 2 important support areas.
- A support zone ranging from 24.54 to 24.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.13 to 24.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.98 to 25.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for NEWTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEWTG is neutral. |
| ChartMill Relative Strength | 32.35 | NEUTRAL | NEWTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NEWTG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEWTG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEWTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.41 | NEUTRAL | The RSI value for NEWTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NEWTG has a positive trend. |
| Stochastics (14,3) | 57.87 | NEUTRAL | The Stochastics value for NEWTG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for NEWTG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for NEWTG suggests a weak or negative trend. |
NEWTEKONE INC - NEWT 8 1/2 06/01/29
NASDAQ:NEWTG (9/19/2025, 8:00:01 PM)
24.94
-0.01 (-0.04%)