NASDAQ:NEWTG - US6525268800
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.
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 25.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.09, a Stop Loss order could be placed below this zone.
23.89
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | 39.62 | 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 | POSITIVE | The current price of NEWTG is above the rising 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) | 51.09 | NEUTRAL | The RSI value for NEWTG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NEWTG has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 43.81 | NEUTRAL | The Stochastics value for NEWTG is a neutral value. |
Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for NEWTG suggests low volalility. |
Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for NEWTG suggests a weak or negative trend. |
NEWTEKONE INC - NEWT 8 1/2 06/01/29
NASDAQ:NEWTG (8/27/2025, 3:53:51 PM)
25.18
+0.07 (+0.28%)