Overall NWL gets a technical rating of 1 out of 10. NWL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
3.27
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for NWL is neutral. |
| ChartMill Relative Strength | 4.05 | NEGATIVE | NWL has a low relative strength, it was outperformed by 95.95% 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 | NEGATIVE | The current price of NWL is below 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) | 51.82 | NEUTRAL | The RSI value for NWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests NWL has a positive trend. |
| Stochastics (14,3) | 89.9 | OVERBOUGHT | The high Stochastics value suggests NWL may be overbought. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 35.68 | POSITIVE | The high ADX value value for NWL suggests a strong trend. |
3.81
+0.16 (+4.38%)
ChartMill assigns a technical rating of 1 / 10 to NWL.
The current trend direction for NEWELL BRANDS INC (NWL) is Bearish.
NEWELL BRANDS INC (NWL) has an RSI value of 51.8203. This indicates that the stock is currently neutral.
The short term momentum for NEWELL BRANDS INC (NWL) is neutral.
NEWELL BRANDS INC (NWL) has a support level at 3.35 and a resistance level at 4.22. Check the full technical report for our detailed analysis of NWL support and resistance levels.