NORWOOD FINANCIAL CORP (NWFL) Stock Technical Analysis
NASDAQ:NWFL - Nasdaq - US6695491075 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to NWFL. In the past year, NWFL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: NWFL has an average volume of 26986 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NWFL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that NWFL is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NWFL is an average performer in the Banks industry, it outperforms 44% of 396 stocks in the same industry.
NWFL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NWFL is lagging the market slightly.
NWFL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 26.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.39, a Stop Loss order could be placed below this zone.
More info and screens
25.17
30.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.25 to 26.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.42 to 25.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.73 to 26.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.52 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.8
Mansfield-0.48
10 Day High27.1
10 Day Low25.36
20 Day High27.42
20 Day Low23.64
52 Week High34.5
52 Week Low21.25
Performance
1 Week-0.62%
2 Weeks3.07%
1 Month11.44%
3 Month5.25%
6 Month-13%
12 Month8.39%
2 Year10.05%
3 Year0.97%
5 Year8.39%
10 Year33.57%
15 Year50.25%
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)0.07
RSI(14)60.62
LBB25.04
UBB27.26
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.92 | 26.24 | 0.68 (2.53%) | 25.00% |
| An entry @26.92. This is a Buy Stop order right above the resistance zone. | An exit @26.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 2.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of NWFL. Please evaluate whether better entry and exit points can be found.
- 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.
26.545
+0.28 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.05%
1 Week-0.62%
2 Weeks3.07%
1 Month11.44%
3 Month5.25%
6 Month-13%
12 Month8.39%
2 Year10.05%
3 Year0.97%
5 Year8.39%
10 Year33.57%
15 Year50.25%
Volatility
ATR(14)0.89
ATR(20)%3.36%
ATR Inc-49.2%
Range Today0.5
ADR(20)0.84
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.8
Mansfield-0.48
10 Day High27.1
10 Day Low25.36
20 Day High27.42
20 Day Low23.64
52 Week High34.5
52 Week Low21.25
CS1 End26.39
CR1 Start26.73
Volume & EV
DER(3)1.42%
DER(5)0.63%
Volume14.13K
Volume Incr-50.6%
Vol(5)15.41K
Vol(50)26.99K