NORTHWESTERN ENERGY GROUP IN (NWE) Stock Technical Analysis
USA - NASDAQ:NWE - US6680743050 - Common Stock
Overall NWE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NWE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NWE has an excellent technical rating, it does not offer a high 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
50.42
When analyzing the support we can see 5 important areas.
- Support @61.34 from a trend line in the daily time frame.
- A support zone ranging from 59.12 to 59.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.69 to 56.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.90 to 51.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.93 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 | UP | POSITIVE | The long term trend for NWE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWE is up. |
| ChartMill Relative Strength | 82.32 | POSITIVE | NWE has a high relative strength, it outperformed 82.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.9 | NEUTRAL | The RSI value for NWE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests NWE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.19 | OVERBOUGHT | The high Stochastics value suggests NWE may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NWE suggests some volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for NWE suggests a strong trend. |
65.11
-0.1 (-0.15%)
NORTHWESTERN ENERGY GROUP IN / NWE FAQ
What is the technical rating for NWE stock?
ChartMill assigns a technical rating of 9 / 10 to NWE.
Can you provide the trend direction for NORTHWESTERN ENERGY GROUP IN?
The current trend direction for NORTHWESTERN ENERGY GROUP IN (NWE) is Bullish.
Can you provide the RSI signal for NORTHWESTERN ENERGY GROUP IN?
NORTHWESTERN ENERGY GROUP IN (NWE) has an RSI value of 64.9035. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORTHWESTERN ENERGY GROUP IN?
The short term momentum for NORTHWESTERN ENERGY GROUP IN (NWE) is positive.
What is the buy/sell signal for NORTHWESTERN ENERGY GROUP IN (NWE) stock?
The buy/sell signal for NORTHWESTERN ENERGY GROUP IN (NWE) is buy as both the short term and long term trends are positive.