NEWELL BRANDS INC (NWL) Stock Technical Analysis
USA - NASDAQ:NWL - US6512291062 - Common Stock
5.8 USD
+0.06 (+1.05%)
5.8 USD
0 (0%)
We assign a technical rating of 4 out of 10 to NWL. NWL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NWL is a bad performer in the overall market: 83% of all stocks are doing better.
NWL is one of the lesser performing stocks in the Household Durables industry. 72% of 63 stocks in the same industry do better.
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.
NWL has an average volume of 7483300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month NWL has a been trading in the 5.41 - 6.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NWL does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 5.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NWL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.65
6.46
4 important support areas can be observed.
- A support zone ranging from 5.71 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.88 from a trend line in the daily time frame.
- Support @4.78 from a horizontal line in the daily time frame.
- Support @4.70 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @6.13 from a trend line in the daily time frame.
- A resistance zone ranging from 6.36 to 6.40. 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 | NEUTRAL | NEUTRAL | The long term trend for NWL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWL is neutral. |
| ChartMill Relative Strength | 17.84 | NEGATIVE | NWL has a low relative strength, it was outperformed by 82.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NWL is below 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) | 48.17 | NEUTRAL | The RSI value for NWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NWL has a negative trend. |
| Stochastics (14,3) | 7.73 | OVERSOLD | The low Stochastics value suggests NWL may be oversold. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for NWL suggests a possible start of a new 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)
5.8
+0.06 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.05%
1 Week-4.76%
2 Weeks-8.08%
1 Month4.13%
3 Month7.21%
6 Month-10.08%
12 Month-22.04%
2 Year-35.77%
3 Year-58.24%
5 Year-66.2%
10 Year-85.39%
15 Year-67.43%
Volatility
ATR(14)0.24
ATR(20)%4.04%
ATR Inc10.06%
Range Today0.14
ADR(20)0.23
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.84
Mansfield-2.63
10 Day High6.64
10 Day Low5.74
20 Day High6.64
20 Day Low5.41
52 Week High11.78
52 Week Low4.22
CS1 End5.79
CR1 Start6.13
Volume & EV
DER(3)7.14%
DER(5)5.01%
Volume4.27M
Volume Incr-33.64%
Vol(5)5.16M
Vol(50)7.48M