NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) Stock Technical Analysis
USA - NASDAQ:NEWTG - US6525268800
Overall NEWTG gets a technical rating of 7 out of 10. Although NEWTG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NEWTG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.25, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.89
2 important support areas can be observed.
- A support zone ranging from 25.03 to 25.25. 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 24.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.42 to 25.49. 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 | UP | POSITIVE | The short term trend for NEWTG is up. |
| ChartMill Relative Strength | 41.66 | 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) | UP | POSITIVE | The current price of NEWTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEWTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.34 | NEUTRAL | The RSI value for NEWTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEWTG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.24 | NEUTRAL | The Stochastics value for NEWTG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for NEWTG suggests low volalility. |
| Average Directional Index/ADX (14) | 43.87 | POSITIVE | The high ADX value value for NEWTG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.50 | 25.12 | 0.38 (1.49%) | 25.00% |
| An entry @25.50. This is a Buy Stop order right above the resistance zone. | An exit @25.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 1.49%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NEWTEKONE INC - NEWT 8 1/2 06/01/29
NASDAQ:NEWTG (11/7/2025, 8:01:20 PM)
25.25
-0.1 (-0.39%)
NEWTEKONE INC - NEWT 8 1/2 06/01/29 / NEWTG FAQ
What is the ChartMill technical rating of NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) stock?
ChartMill assigns a technical rating of 7 / 10 to NEWTG.
What is the current trend direction of NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) stock?
The current trend direction for NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) is Bullish.
Can you provide the RSI signal for NEWTEKONE INC - NEWT 8 1/2 06/01/29?
NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) has an RSI value of 54.3351. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEWTEKONE INC - NEWT 8 1/2 06/01/29?
The MACD indicator for NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) has a value of 0.00214012, indicating a bearish trend.
What is the buy/sell signal for NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) stock?
The buy/sell signal for NEWTEKONE INC - NEWT 8 1/2 06/01/29 (NEWTG) is buy as both the short term and long term trends are positive.