NEWELL BRANDS INC (NWL) Stock Technical Analysis
NASDAQ:NWL - Nasdaq - US6512291062 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to NWL. NWL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
NWL 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 NWL has a been trading in the 5.03 - 6.12 range, which is quite wide. It is currently trading near the high of this range.
NWL has an average volume of 9954550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, NWL outperforms 52% of them, which is more or less in line with the market.
NWL is part of the Household Durables industry. There are 63 other stocks in this industry, NWL did better than 64% of them.
NWL has an average technical rating and it also 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
4.99
6.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.23 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.04 to 5.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.85 to 5.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.06 to 6.07. This zone is formed by a combination of multiple trend lines in the daily 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 NWL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWL is up. |
| ChartMill Relative Strength | 52.09 | NEUTRAL | NWL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.39 | NEUTRAL | The RSI value for NWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NWL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.89 | NEUTRAL | The Stochastics value for NWL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for NWL 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)
5.81
-0.1 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.69%
1 Week-0.51%
2 Weeks11.73%
1 Month2.29%
3 Month23.09%
6 Month-40.47%
12 Month-6.59%
2 Year-47.94%
3 Year-71.25%
5 Year-64.57%
10 Year-86.58%
15 Year-62.52%
Volatility
ATR(14)0.24
ATR(20)%4.61%
ATR Inc-14.69%
Range Today0.09
ADR(20)0.25
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.09
Mansfield-2.73
10 Day High6.12
10 Day Low5.21
20 Day High6.12
20 Day Low5.03
52 Week High11.78
52 Week Low4.22
CS1 End5.25
CR1 Start5.85
Volume & EV
DER(3)4.31%
DER(5)4.48%
Volume6.60M
Volume Incr-27.96%
Vol(5)7.36M
Vol(50)9.95M