NORWOOD FINANCIAL CORP (NWFL) Stock Technical Analysis
USA - NASDAQ:NWFL - US6695491075 - Common Stock
Overall NWFL gets a technical rating of 6 out of 10. In the last year, NWFL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
NWFL has an average technical rating and also the quality of the setup is only medium 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
23.69
We found 2 important support areas.
- A support zone ranging from 25.19 to 25.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.93 to 24.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.73 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.49 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 | NEUTRAL | NEUTRAL | The long term trend for NWFL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWFL is up. |
| ChartMill Relative Strength | 50.25 | NEUTRAL | NWFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWFL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWFL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.3 | NEUTRAL | The RSI value for NWFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests NWFL has a positive trend. |
| Stochastics (14,3) | 89.6 | OVERBOUGHT | The high Stochastics value suggests NWFL may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for NWFL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for NWFL suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 27.07 | 25.18 | 1.89 (6.98%) | 14.32% |
| An entry @27.07. This is a Buy Stop order right above the resistance zone. | An exit @25.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.89 points, which is 6.98%. | For a 1.00% total portfolio risk, you can invest 14.32% 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.
26.7
+0.54 (+2.06%)
NORWOOD FINANCIAL CORP / NWFL FAQ
What is the ChartMill technical rating of NORWOOD FINANCIAL CORP (NWFL) stock?
ChartMill assigns a technical rating of 6 / 10 to NWFL.
Can you provide the trend direction for NORWOOD FINANCIAL CORP?
The current trend direction for NORWOOD FINANCIAL CORP (NWFL) is Bearish.
What is the RSI signal for NORWOOD FINANCIAL CORP (NWFL) stock?
NORWOOD FINANCIAL CORP (NWFL) has an RSI value of 61.2969. This indicates that the stock is currently neutral.
What is the MACD signal for NORWOOD FINANCIAL CORP (NWFL) stock?
The MACD indicator for NORWOOD FINANCIAL CORP (NWFL) has a value of 0.200322, indicating a bearish trend.