NEWELL BRANDS INC (NWL) Technical Analysis
NASDAQ:NWL • US6512291062
Current stock price
NWL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to NWL. NWL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 78% of all other stocks performed better in the past year than NWL.
- NWL is part of the Household Durables industry. There are 60 other stocks in this industry, of which 62% are performing better than NWL.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month NWL has a been trading in the 3.27 - 4.48 range, which is quite wide. It is currently trading near the high of this range.
- NWL has an average volume of 5756010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NWL Weekly and Daily overview Charts
NWL Setup Rating and Analysis
NWL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NWL Support and Resistance Analysis
3.20
5 important support areas can be observed.
- A support zone ranging from 4.35 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.02 to 4.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.41 from a trend line in the weekly time frame.
- Support @3.33 from a trend line in the daily time frame.
- Support @3.23 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @4.67 from a trend line in the daily time frame.
- A resistance zone ranging from 4.89 to 4.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
NWL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for NWL is up. |
| ChartMill Relative Strength | 22.08 | NEGATIVE | NWL has a low relative strength, it was outperformed by 77.92% 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) | 66.28 | NEUTRAL | The RSI value for NWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NWL has a positive trend. |
| Stochastics (14,3) | 89.59 | OVERBOUGHT | The high Stochastics value suggests NWL may be overbought. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for NWL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for NWL suggests a strong trend. |
NWL Chart- and CandleStick Pattern Analysis
NWL Technicals: Chart, Performance Metrics, Trend & Indicators
4.37
+0.04 (+0.92%)
NEWELL BRANDS INC / NWL TA FAQ
Can you provide the ChartMill technical rating for NEWELL BRANDS INC?
ChartMill assigns a technical rating of 4 / 10 to NWL.
What is the trend direction for NWL stock?
The current trend direction for NEWELL BRANDS INC (NWL) is Bearish.
Can you provide the RSI signal for NEWELL BRANDS INC?
NEWELL BRANDS INC (NWL) has an RSI value of 66.2774. This indicates that the stock is currently neutral.
What is the MACD signal for NWL stock?
The MACD indicator for NEWELL BRANDS INC (NWL) has a value of 0.113983, indicating a bearish trend.
What are the support and resistance levels for NEWELL BRANDS INC (NWL) stock?
NEWELL BRANDS INC (NWL) has a support level at 4.36 and a resistance level at 4.67. Check the full technical report for our detailed analysis of NWL support and resistance levels.