NORTHWEST NATURAL HOLDING CO (NWN) Stock Technical Analysis
NYSE:NWN - New York Stock Exchange, Inc. - US66765N1054 - Common Stock - Currency: USD
Overall NWN gets a technical rating of 2 out of 10. Although NWN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month NWN has a been trading in the 39.10 - 44.31 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that NWN is one of the better performing stocks in the market, outperforming 74% of all stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NWN is part of the Gas Utilities industry. There are 14 other stocks in this industry, NWN did better than 46% of them.
NWN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NWN is lagging the market slightly.
NWN has a poor technical rating and the quality of the setup is also only medium 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
38.55
44.59
We found 3 important support areas.
- A support zone ranging from 40.51 to 40.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.74 from a horizontal line in the daily time frame.
- Strong support @38.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.88 to 41.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.79 to 42.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.85 to 44.15. 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 | NEUTRAL | NEUTRAL | The long term trend for NWN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWN is down. |
| ChartMill Relative Strength | 74.69 | POSITIVE | NWN has a high relative strength, it outperformed 74.69% 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) | DOWN | NEGATIVE | The current price of NWN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NWN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.6 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests NWN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.09 | NEUTRAL | The Stochastics value for NWN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NWN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.17 | NEUTRAL | The ADX value for NWN suggests a possible start of a new trend. |
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)
40.76
+0.31 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.77%
1 Week-0.83%
2 Weeks-4.83%
1 Month-7.26%
3 Month-1.59%
6 Month-6.9%
12 Month12.5%
2 Year-4.54%
3 Year-24.92%
5 Year-36.42%
10 Year-8.81%
15 Year-7.3%
Volatility
ATR(14)0.96
ATR(20)%2.23%
ATR Inc-13.64%
Range Today0.6
ADR(20)0.86
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.69
Mansfield-0.02
10 Day High42.84
10 Day Low39.1
20 Day High44.31
20 Day Low39.1
52 Week High44.38
52 Week Low34.82
CS1 End40.61
CR1 Start40.88
Volume & EV
DER(3)-0.63%
DER(5)-1.17%
Volume168.10K
Volume Incr-41.76%
Vol(5)220.20K
Vol(50)307.24K