NYSEARCA:NORW - NYSE Arca - US37950E1010 - ETF - Currency: USD
Taking everything into account, NORW scores 3 out of 10 in our technical rating. In the last year, NORW was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NORW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.47, a Stop Loss order could be placed below this zone.
23.27
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 NORW is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NORW is down. |
ChartMill Relative Strength | 67.31 | NEUTRAL | NORW is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NORW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NORW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NORW is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 40.84 | NEUTRAL | The RSI value for NORW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NORW has a negative trend. |
Stochastics (14,3) | 16.8 | OVERSOLD | The low Stochastics value suggests NORW may be oversold. |
Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for NORW suggests low volalility. |
Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for NORW suggests a weak or negative trend. |
NYSEARCA:NORW (8/1/2025, 8:04:00 PM)
28.48
-0.02 (-0.08%)