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 1 out of 10. NWN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NWN is one of the lesser performing stocks in the Gas Utilities industry. 84% of 14 stocks in the same industry do better.
NWN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the performance of all stocks over the past year, NWN turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
NWN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWN is lagging the market.
NWN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 40.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.34, a Stop Loss order could be placed below this zone.
More info and screens
38.12
44.56
2 important support areas can be observed.
- A support zone ranging from 39.21 to 40.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.59 to 40.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.76 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.82 to 44.12. 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 | DOWN | NEGATIVE | The long term trend for NWN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWN is down. |
| ChartMill Relative Strength | 47.63 | NEUTRAL | NWN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of NWN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.78 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NWN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.65 | NEUTRAL | The Stochastics value for NWN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for NWN suggests low volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for NWN suggests a weak or negative 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)
40.38
+0.41 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.03%
1 Week0.45%
2 Weeks-0.3%
1 Month-4.15%
3 Month-1.75%
6 Month-0.64%
12 Month4.58%
2 Year2.8%
3 Year-15.19%
5 Year-20.99%
10 Year-8.19%
15 Year-11.14%
Volatility
ATR(14)0.68
ATR(20)%1.73%
ATR Inc-25.37%
Range Today0.56
ADR(20)0.67
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.63
Mansfield-0.9
10 Day High41.1
10 Day Low39.29
20 Day High43.13
20 Day Low39.29
52 Week High44.38
52 Week Low38.03
CS1 End40.34
CR1 Start40.59
Volume & EV
DER(3)1.14%
DER(5)0.14%
Volume272.10K
Volume Incr4.75%
Vol(5)273.80K
Vol(50)303.01K