NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) Stock Technical Analysis
USA - NASDAQ:NEWTG - US6525268800
25.18 USD
+0.03 (+0.12%)
We assign a technical rating of 4 out of 10 to NEWTG. NEWTG was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, NEWTG is a bad performer in the overall market: 66% of all stocks are doing better.
Warning: NEWTG has an average volume of 7949 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NEWTG is part of the Financial Services industry. There are 99 other stocks in this industry, NEWTG did better than 59% of them.
NEWTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEWTG is lagging the market.
In the last month NEWTG has a been trading in a tight range between 24.80 and 25.45.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, NEWTG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.11, a Stop Loss order could be placed below this zone.
More info and screens
23.88
25.76
3 important support areas can be observed.
- A support zone ranging from 24.98 to 25.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.54 to 24.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.12 to 24.12. 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 25.48 to 25.50. This zone is formed by a combination of multiple trend lines 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 | 34.8 | NEUTRAL | NEWTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEWTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NEWTG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NEWTG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.42 | NEUTRAL | The RSI value for NEWTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEWTG has a positive trend. |
| Stochastics (14,3) | 44.2 | NEUTRAL | The Stochastics value for NEWTG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for NEWTG suggests low volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for NEWTG suggests a strong 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)
NEWTEKONE INC - NEWT 8 1/2 06/01/29
NASDAQ:NEWTG (10/15/2025, 2:52:22 PM)
25.18
+0.03 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.12%
1 Week0.44%
2 Weeks0.6%
1 Month1.21%
3 Month-1.33%
6 Month2.03%
12 Month-0.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.02%
ATR Inc-14.08%
Range Today0.15
ADR(20)0.25
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.8
Mansfield-0.91
10 Day High25.28
10 Day Low24.9
20 Day High25.45
20 Day Low24.8
52 Week High25.84
52 Week Low24
CS1 End25.11
CR1 Start25.48
Volume & EV
DER(3)0.17%
DER(5)0.73%
Volume2.46K
Volume Incr-54.22%
Vol(5)4.28K
Vol(50)7.95K