NORTHWEST NATURAL HOLDING CO (NWN) Stock Technical Analysis
NYSE:NWN - New York Stock Exchange, Inc. - US66765N1054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to NWN. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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.
NWN is part of the Gas Utilities industry. There are 86 other stocks in this industry. NWN outperforms 91% of them.
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 59% of all stocks.
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.
Although the technical rating is bad, 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 38.94, a Stop Loss order could be placed below this zone.
More info and screens
38.55
44.56
When analyzing the support we notice one important area.
- Strong support @38.94 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 39.74 to 41.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.82 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 | 59.96 | 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) | 39.35 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NWN has a positive trend. |
| Stochastics (14,3) | 27.86 | NEUTRAL | The Stochastics value for NWN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for NWN suggests low volalility. |
| Average Directional Index/ADX (14) | 24.56 | 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)
39.71
-0.19 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.48%
1 Week-0.9%
2 Weeks-0.13%
1 Month-4.91%
3 Month-3.78%
6 Month0.35%
12 Month13.62%
2 Year-7.76%
3 Year-25.22%
5 Year-28.82%
10 Year-5.86%
15 Year-8.86%
Volatility
ATR(14)0.6
ATR(20)%1.62%
ATR Inc-7.9%
Range Today0.5
ADR(20)0.62
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.96
Mansfield-0.58
10 Day High40.65
10 Day Low39.25
20 Day High41.72
20 Day Low39.25
52 Week High44.38
52 Week Low34.9
CS1 End38.94
CR1 Start39.74
Volume & EV
DER(3)-3.89%
DER(5)-1.78%
Volume258.80K
Volume Incr22.34%
Vol(5)313.74K
Vol(50)312.99K