We assign a technical rating of 1 out of 10 to NWL. NWL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NWL has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.19
When analyzing the support we notice one important area.
- Support @3.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.77 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.39 from a trend line in the weekly time frame.
- Resistance @6.17 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for NWL is neutral. |
| ChartMill Relative Strength | 5.81 | NEGATIVE | NWL has a low relative strength, it was outperformed by 94.19% 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) | 47.95 | NEUTRAL | The RSI value for NWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NWL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.78 | NEUTRAL | The Stochastics value for NWL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for NWL suggests a weak or negative trend. |
3.72
-0.06 (-1.59%)
NEWELL BRANDS INC / NWL FAQ
Can you provide the ChartMill technical rating for NEWELL BRANDS INC?
ChartMill assigns a technical rating of 1 / 10 to NWL.
What is the current trend direction of NEWELL BRANDS INC (NWL) stock?
The current trend direction for NEWELL BRANDS INC (NWL) is Bearish.
What is the RSI signal for NEWELL BRANDS INC (NWL) stock?
NEWELL BRANDS INC (NWL) has an RSI value of 47.9482. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEWELL BRANDS INC?
The short term momentum for NEWELL BRANDS INC (NWL) is neutral.
Can you provide the support and resistance levels for NEWELL BRANDS INC?
NEWELL BRANDS INC (NWL) has a support level at 3.22 and a resistance level at 3.77. Check the full technical report for our detailed analysis of NWL support and resistance levels.