NORTHWESTERN ENERGY GROUP IN (NWE)

US6680743050 - Common Stock

51.86  +0.09 (+0.17%)

After market: 51.86 0 (0%)

Technical Rating and Analysis

7

Overall NWE gets a technical rating of 7 out of 10. Although NWE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, NWE is a bad performer in the overall market: 71% of all stocks are doing better.
NWE is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 72% are performing better than NWE.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NWE has a been trading in the 47.48 - 52.16 range, which is quite wide. It is currently trading near the high of this range.
NWE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWE is lagging the market.
Weekly and Daily overview Charts
NWE Weekly chart
NWE Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, NWE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 51.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.82, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

46.07

52.86

3 important support areas can be observed.

  • A support zone ranging from 49.39 to 51.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @47.89 from a horizontal line in the daily time frame.
  • A support zone ranging from 46.54 to 46.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 51.87 to 52.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.69
Mansfield-1.03
10 Day High52.16
10 Day Low49.97
20 Day High52.16
20 Day Low47.48
52 Week High59.59
52 Week Low45.97
Performance
1 Week1.39%
2 Weeks2.73%
1 Month7.02%
3 Month6.21%
6 Month1.15%
12 Month-10.68%
2 Year-15.36%
3 Year-18.14%
5 Year-26.9%
10 Year8.04%
15 Year142%
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)65.94
LBB49.61
UBB52.23
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
52.3549.962.39 (4.57%)21.90%
An entry @52.35. This is a Buy Stop order right above the resistance zone.An exit @49.96. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.39 points, which is 4.57%.For a 1.00% total portfolio risk, you can invest 21.90% 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.
NWE Daily chart

NORTHWESTERN ENERGY GROUP IN

NASDAQ:NWE (5/13/2024, 7:00:02 PM)

After market: 51.86 0 (0%)

51.86

+0.09 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.17%
1 Week1.39%
2 Weeks2.73%
1 Month7.02%
3 Month6.21%
6 Month1.15%
12 Month-10.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%1.59%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.16
10 Day Low49.97
20 Day High52.16
20 Day Low47.48
52 Week High59.59
52 Week Low45.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume160.70K
Volume Incr-20.71%
Vol(5)216.60K
Vol(50)302.11K