NORTHWEST NATURAL HOLDING CO (NWN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NWN - US66765N1054 - Common Stock
Overall NWN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NWN has proven to be a steady performer, scoring decent points in every aspect analyzed.
NWN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.85, 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.
More info and screens
38.12
6 important support areas can be observed.
- A support zone ranging from 47.15 to 47.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.52 to 46.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.78 to 42.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.88 from a horizontal line in the daily time frame.
- Strong support @40.06 from a horizontal line in the daily time frame.
- Support @38.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The short term trend for NWN is up. |
| ChartMill Relative Strength | 80.55 | POSITIVE | NWN has a high relative strength, it outperformed 80.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NWN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWN is above 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) | 52.93 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NWN has a negative trend. |
| Stochastics (14,3) | 50.22 | NEUTRAL | The Stochastics value for NWN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for NWN suggests low volalility. |
| Average Directional Index/ADX (14) | 25.94 | POSITIVE | The high ADX value value for NWN suggests a strong 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 |
|---|---|---|---|
| 48.40 | 47.14 | 1.26 (2.60%) | 25.00% |
| An entry @48.40. This is a Buy Stop order right above the 10 day moving average. | An exit @47.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.26 points, which is 2.60%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NWN. Please evaluate whether better entry and exit points can be found.
- 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.
47.86
-0.42 (-0.87%)
NORTHWEST NATURAL HOLDING CO / NWN FAQ
What is the technical rating for NWN stock?
ChartMill assigns a technical rating of 9 / 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 52.9344. 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 -0.0737714, 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 47.85 and a resistance level at 49.48. Check the full technical report for our detailed analysis of NWN support and resistance levels.