Northwest Bioth New (NWBO) Stock Technical Analysis
NASDAQ:NWBO - Nasdaq -
We assign a technical rating of 5 out of 10 to NWBO. NWBO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
92% of all other stocks performed better in the past year than NWBO.
NWBO 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.
NWBO has an average volume of 1909310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month NWBO has a been trading in the 0.34 - 0.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
NWBO has an average technical rating and also the quality of the setup is only medium 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
0.49
0.62
2 important support areas can be observed.
- Support @0.52 from a trend line in the daily time frame.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.61 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NWBO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWBO is neutral. |
| ChartMill Relative Strength | 8.65 | NEGATIVE | NWBO has a low relative strength, it was outperformed by 91.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWBO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.47 | NEUTRAL | The RSI value for NWBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NWBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.06 | NEUTRAL | The Stochastics value for NWBO is a neutral value. |
| Average True Range in percent/ATR (20) | 18.33 | HIGH VOLATILITY | The high ATR as a percentage value for NWBO suggests high volalility. |
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)
0.57
-0.13 (-18.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-18.57%
1 Week-5%
2 Weeks16.33%
1 Month1.79%
3 Month21.28%
6 Month-8.06%
12 Month-87.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%18.33%
ATR Inc175.59%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.65
Mansfield-5.26
10 Day High0.98
10 Day Low0.34
20 Day High0.98
20 Day Low0.34
52 Week High4.66
52 Week Low0.32
CS1 End0.52
CR1 Start0.61
Volume & EV
DER(3)1.77%
DER(5)1.11%
Volume8.31M
Volume Incr297.38%
Vol(5)6.33M
Vol(50)1.91M