NATIONAL WESTERN LIFE GROU-A (NWLI)

US6385171029 - Common Stock

490.8  +0.18 (+0.04%)

After market: 490.8 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, NWLI scores 7 out of 10 in our technical rating. Although NWLI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: NWLI has an average volume of 17418 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
NWLI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, NWLI turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
NWLI is an average performer in the Insurance industry, it outperforms 57% of 140 stocks in the same industry.
In the last month NWLI has a been trading in a tight range between 485.00 and 491.57.
Weekly and Daily overview Charts
NWLI Weekly chart
NWLI Daily chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, NWLI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 491.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 489.80, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

473.04

497.64

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 486.79 to 489.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 477.82 to 477.82. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 491.97 to 492.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.98
Mansfield-0.53
10 Day High491.57
10 Day Low487.5
20 Day High491.57
20 Day Low485
52 Week High493
52 Week Low367.51
Performance
1 Week0.26%
2 Weeks0.41%
1 Month0.61%
3 Month1.23%
6 Month2.25%
12 Month23.14%
2 Year134.73%
3 Year100.31%
5 Year84.07%
10 Year100.56%
15 Year309.38%
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)0.23
RSI(14)59.44
LBB487.34
UBB491.45
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
492.72487.495.23 (1.06%)25.00%
An entry @492.72. This is a Buy Stop order right above the resistance zone.An exit @487.49. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 5.23 points, which is 1.06%.For a 0.27% total portfolio risk, you can invest 25.00% 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.
NWLI Daily chart

NATIONAL WESTERN LIFE GROU-A

NASDAQ:NWLI (5/14/2024, 7:00:02 PM)

After market: 490.8 0 (0%)

490.8

+0.18 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.04%
1 Week0.26%
2 Weeks0.41%
1 Month0.61%
3 Month1.23%
6 Month2.25%
12 Month23.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.71
ATR(20)%0.39%
ATR Inc
Range Today0
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 High491.57
10 Day Low487.5
20 Day High491.57
20 Day Low485
52 Week High493
52 Week Low367.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.00K
Volume Incr-39.12%
Vol(5)14.76K
Vol(50)17.42K