We assign a technical rating of 2 out of 10 to NWL. Recently some decent action could be observed, but in the medium term time frame this is still negative. NWL was also a bad performer in the overall market in the last year.
The technical rating of NWL is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.56
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 8.58 | NEGATIVE | NWL has a low relative strength, it was outperformed by 91.42% off all stocks 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) | DOWN | MIXED | The current price of NWL is above a declining 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) | 69.75 | 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. |
| Stochastics (14,3) | 87.85 | OVERBOUGHT | The high Stochastics value suggests NWL may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for NWL suggests a weak or negative trend. |
4.21
+0.07 (+1.69%)
ChartMill assigns a technical rating of 2 / 10 to NWL.
The current trend direction for NEWELL BRANDS INC (NWL) is Bearish.
NEWELL BRANDS INC (NWL) has an RSI value of 69.7476. This indicates that the stock is currently neutral.
The MACD indicator for NEWELL BRANDS INC (NWL) has a value of 0.0533634, indicating a bearish trend.
The short term momentum for NEWELL BRANDS INC (NWL) is positive.