Northwest Bioth New (NWBO) Technical Analysis
NASDAQ:NWBO
Current stock price
NWBO Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to NWBO. In the last year, NWBO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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. The S&P500 Index is trading in the upper part of its 52 week range, so NWBO is lagging the market.
- 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 Weekly and Daily overview Charts
NWBO Setup Rating and Analysis
NWBO has an average technical rating and the quality of the presented setup is also not ideal 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
NWBO Support and Resistance Analysis
0.49
When analyzing the support we can see 2 important areas.
- 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.
When analyzing the resistance we notice one important area.
- Resistance @0.61 from a horizontal line in the weekly time frame.
NWBO Technical Indicator Signal Analysis
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. |
NWBO Chart- and CandleStick Pattern Analysis
NWBO Technicals: Chart, Performance Metrics, Trend & Indicators
0.57
-0.13 (-18.57%)
Northwest Bioth New / NWBO TA FAQ
Can you provide the ChartMill technical rating for Northwest Bioth New?
ChartMill assigns a technical rating of 5 / 10 to NWBO.
What is the trend direction for NWBO stock?
The current trend direction for Northwest Bioth New (NWBO) is Bearish.
What is the RSI signal for NWBO stock?
Northwest Bioth New (NWBO) has an RSI value of 50.4722. This indicates that the stock is currently neutral.
What is the support and resistance level for NWBO stock?
Northwest Bioth New (NWBO) has a support level at 0.52 and a resistance level at 0.61. Check the full technical report for our detailed analysis of NWBO support and resistance levels.