NUWELLIS INC (NUWE) Stock Technical Analysis
NASDAQ:NUWE - Nasdaq - US67113Y7022 - Common Stock - Currency: USD
Overall NUWE gets a technical rating of 1 out of 10. NUWE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
100% of all other stocks performed better in the past year than NUWE.
NUWE is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 91% are performing better than NUWE.
NUWE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NUWE has an average volume of 13435800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NUWE has a been trading in the 6.33 - 25.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NUWE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.65
27.65
3 important resistance areas can be observed.
- Resistance @15.42 from a trend line in the daily time frame.
- Resistance @15.96 from a horizontal line in the daily time frame.
- Resistance @27.38 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for NUWE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NUWE is neutral. |
| ChartMill Relative Strength | 0.59 | NEGATIVE | NUWE has a low relative strength, it was outperformed by 99.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NUWE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NUWE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NUWE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.81 | NEUTRAL | The RSI value for NUWE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.76 | POSITIVE | The MACD value suggests NUWE has a positive trend. |
| Stochastics (14,3) | 46.76 | NEUTRAL | The Stochastics value for NUWE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.59 | HIGH VOLATILITY | The high ATR as a percentage value for NUWE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for NUWE 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)
14.8
-0.96 (-6.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.09%
1 Week115.12%
2 Weeks79.51%
1 Month26.35%
3 Month-62.29%
6 Month-70.88%
12 Month-90.73%
2 Year-99.6%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.57
ATR(20)%14.59%
ATR Inc14.7%
Range Today2.19
ADR(20)1.66
ADR(20)%11.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.59
Mansfield-7.28
10 Day High25.95
10 Day Low6.33
20 Day High25.95
20 Day Low6.33
52 Week High178.5
52 Week Low6.33
CS1 EndN/A
CR1 Start15.42
Volume & EV
DER(3)-0.49%
DER(5)0.59%
Volume174.30K
Volume Incr102.41%
Vol(5)8.95M
Vol(50)13.44M