NORTHWEST NATURAL HOLDING CO (NWN) Stock Technical Analysis
NYSE:NWN - New York Stock Exchange, Inc. - US66765N1054 - Common Stock - Currency: USD
Taking everything into account, NWN scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NWN is a bad performer.
When comparing the yearly performance of all stocks, NWN is a bad performer in the overall market: 64% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NWN has a been trading in the 39.32 - 42.34 range, which is quite wide. It is currently trading near the high of this range.
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 currently trading near new highs, so NWN is lagging the market.
Although the technical rating is only medium, NWN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.22, a Stop Loss order could be placed below this zone.
More info and screens
38.12
44.56
3 important support areas can be observed.
- A support zone ranging from 40.86 to 41.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.61 to 39.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.51 to 38.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.60 to 41.76. 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 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 | 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 | 36.1 | NEUTRAL | NWN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NWN is above a declining 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) | 54.55 | NEUTRAL | The RSI value for NWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests NWN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.5 | OVERBOUGHT | The high Stochastics value suggests NWN may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for NWN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.87 | 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)
41.53
-0.24 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.57%
1 Week0.1%
2 Weeks0.61%
1 Month4.58%
3 Month-3.4%
6 Month2.77%
12 Month5.57%
2 Year-3.35%
3 Year-22.62%
5 Year-22.36%
10 Year-4.07%
15 Year-12.4%
Volatility
ATR(14)0.75
ATR(20)%1.87%
ATR Inc3.55%
Range Today0.79
ADR(20)0.76
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.1
Mansfield-0.6
10 Day High42.34
10 Day Low40.38
20 Day High42.34
20 Day Low39.32
52 Week High44.38
52 Week Low37.41
CS1 End41.22
CR1 Start41.6
Volume & EV
DER(3)-2.84%
DER(5)-2.04%
Volume220.40K
Volume Incr-35.08%
Vol(5)240.90K
Vol(50)309.55K