NORWOOD FINANCIAL CORP (NWFL) Stock Technical Analysis
NASDAQ:NWFL - Nasdaq - US6695491075 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NWFL. NWFL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NWFL is a bad performer in the overall market: 84% of all stocks are doing better.
NWFL is part of the Banks industry. There are 393 other stocks in this industry, of which 93% are performing better than NWFL.
NWFL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NWFL has a been trading in the 23.80 - 27.66 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NWFL has an average volume of 18661 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of NWFL is bad and it also does not present a 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
23.79
30.35
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 24.17 to 24.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.04 to 25.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.00 to 26.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.73 to 26.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.05 from a trend 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 | DOWN | NEGATIVE | The long term trend for NWFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWFL is down. |
| ChartMill Relative Strength | 16.53 | NEGATIVE | NWFL has a low relative strength, it was outperformed by 83.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.74 | NEUTRAL | The RSI value for NWFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NWFL has a negative trend. |
| Stochastics (14,3) | 26.13 | NEUTRAL | The Stochastics value for NWFL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for NWFL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for NWFL suggests a weak or negative trend. |
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)
24.03
-0.5 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.04%
1 Week-3.34%
2 Weeks-2.75%
1 Month-8.25%
3 Month-10.67%
6 Month-9.73%
12 Month-11.07%
2 Year-24.55%
3 Year-7.54%
5 Year-0.78%
10 Year18.76%
15 Year30.93%
Volatility
ATR(14)0.61
ATR(20)%2.84%
ATR Inc26.85%
Range Today1.06
ADR(20)0.64
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.53
Mansfield-1.69
10 Day High25.2
10 Day Low23.8
20 Day High27.66
20 Day Low23.8
52 Week High34.5
52 Week Low21.25
CS1 EndN/A
CR1 Start24.17
Volume & EV
DER(3)-3.47%
DER(5)-0.45%
Volume26.00K
Volume Incr-43.41%
Vol(5)14.81K
Vol(50)18.66K