NEWELL BRANDS INC (NWL)
US6512291062 - Common Stock
We assign a technical rating of 6 out of 10 to NWL. In the past year, NWL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NWL has a been trading in the 6.71 - 8.28 range, which is quite wide. It is currently trading near the high of this range.
NWL has an average volume of 5031130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NWL outperforms 44% of them, which is more or less in line with the market.
NWL is part of the Household Durables industry. There are 67 other stocks in this industry, NWL did better than 42% of them.
NWL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWL is lagging the market.
Considerably lower volume is observed in the last couple of days.
NWL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.69, 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
6.72
9.12
2 important support areas can be observed.
- A support zone ranging from 7.49 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.79 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.18 to 8.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.76 from a horizontal line in the weekly time frame.
- Resistance @9.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.1
Mansfield-1.48
10 Day High8.28
10 Day Low7.5
20 Day High8.28
20 Day Low6.71
52 Week High11.61
52 Week Low6.5
Performance
1 Week5.61%
2 Weeks3.85%
1 Month13.62%
3 Month18.1%
6 Month18.27%
12 Month-12.73%
2 Year-62.27%
3 Year-71.8%
5 Year-39.72%
10 Year-72.37%
15 Year-29.71%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)60.63
LBB6.93
UBB8.5
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 |
|---|---|---|---|
| 8.25 | 7.49 | 0.76 (9.21%) | 10.86% |
| An entry @8.25. This is a Buy Stop order right above the resistance zone. | An exit @7.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.76 points, which is 9.21%. | For a 1.00% total portfolio risk, you can invest 10.86% 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.
NEWELL BRANDS INC
NASDAQ:NWL (5/10/2024, 5:13:43 PM)
After market: 8.1 +0.01 (+0.12%)8.09
-0.14 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.7%
1 Week5.61%
2 Weeks3.85%
1 Month13.62%
3 Month18.1%
6 Month18.27%
12 Month-12.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%3.88%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.28
10 Day Low7.5
20 Day High8.28
20 Day Low6.71
52 Week High11.61
52 Week Low6.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.34M
Volume Incr-25.43%
Vol(5)3.16M
Vol(50)5.03M