Overall NWFL gets a technical rating of 5 out of 10. NWFL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, NWFL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.90, a Stop Loss order could be placed below this zone.
More info and screens
23.69
We found 3 important support areas.
- Support @26.90 from a horizontal line in the daily time frame.
- A support zone ranging from 24.94 to 25.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.93 to 24.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.84 to 30.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NWFL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWFL is neutral. |
| ChartMill Relative Strength | 66.18 | NEUTRAL | NWFL is not amongst the best or worst performers 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) | UP | MIXED | The current price of NWFL is below 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) | 44.79 | NEUTRAL | The RSI value for NWFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NWFL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.97 | OVERSOLD | The low Stochastics value suggests NWFL may be oversold. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for NWFL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.35 | POSITIVE | The high ADX value value for NWFL suggests a strong trend. |
28.03
-0.06 (-0.21%)
NORWOOD FINANCIAL CORP / NWFL FAQ
What is the ChartMill technical rating of NORWOOD FINANCIAL CORP (NWFL) stock?
ChartMill assigns a technical rating of 5 / 10 to NWFL.
What is the trend direction for NWFL stock?
The current trend direction for NORWOOD FINANCIAL CORP (NWFL) is Bullish.
What is the RSI signal for NORWOOD FINANCIAL CORP (NWFL) stock?
NORWOOD FINANCIAL CORP (NWFL) has an RSI value of 44.7851. 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 -0.170223, indicating a bearish trend.