NORTHWEST NATURAL HOLDING CO (NWN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NWN - US66765N1054 - Common Stock
Taking everything into account, NWN scores 6 out of 10 in our technical rating. In the last year, NWN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, NWN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 46.94, a Stop Loss order could be placed below this zone.
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38.12
4 important support areas can be observed.
- A support zone ranging from 45.53 to 46.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.04 to 42.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.78 to 40.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.48 to 49.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for NWN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWN is neutral. |
| ChartMill Relative Strength | 74.76 | POSITIVE | NWN has a high relative strength, it outperformed 74.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NWN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NWN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.67 | NEUTRAL | The Stochastics value for NWN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for NWN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for NWN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 47.66 | 46.11 | 1.55 (3.26%) | 25.00% |
| An entry @47.66. This is a Buy Stop order right above the 10 day high. | An exit @46.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.55 points, which is 3.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- 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.
47.09
+0.18 (+0.38%)
NORTHWEST NATURAL HOLDING CO / NWN FAQ
What is the technical rating for NWN stock?
ChartMill assigns a technical rating of 6 / 10 to NWN.
What is the trend direction for NWN stock?
The current trend direction for NORTHWEST NATURAL HOLDING CO (NWN) is Bullish.
What is the RSI signal for NORTHWEST NATURAL HOLDING CO (NWN) stock?
NORTHWEST NATURAL HOLDING CO (NWN) has an RSI value of 50.5961. This indicates that the stock is currently neutral.
What is the MACD signal for NWN stock?
The MACD indicator for NORTHWEST NATURAL HOLDING CO (NWN) has a value of -0.0245953, indicating a bearish trend.
What are the support and resistance levels for NORTHWEST NATURAL HOLDING CO (NWN) stock?
NORTHWEST NATURAL HOLDING CO (NWN) has a support level at 46.94 and a resistance level at 49.48. Check the full technical report for our detailed analysis of NWN support and resistance levels.