NWPX INFRASTRUCTURE INC (NWPX) Stock Technical Analysis
USA - NASDAQ:NWPX - US6677461013 - Common Stock
52.15 USD
-0.87 (-1.64%)
52.15 USD
0 (0%)
Overall NWPX gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NWPX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NWPX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NWPX is lagging the market slightly.
NWPX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that NWPX is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NWPX is an average performer in the Construction & Engineering industry, it outperforms 61% of 53 stocks in the same industry.
NWPX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.26, a Stop Loss order could be placed below this zone.
More info and screens
40.39
53.66
3 important support areas can be observed.
- A support zone ranging from 50.11 to 51.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.01 to 43.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.34 to 53.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 NWPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWPX is up. |
| ChartMill Relative Strength | 80.6 | POSITIVE | NWPX has a high relative strength, it outperformed 80.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NWPX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.93 | NEUTRAL | The RSI value for NWPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests NWPX has a negative trend. |
| Stochastics (14,3) | 56.79 | NEUTRAL | The Stochastics value for NWPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for NWPX suggests some volalility. |
| Average Directional Index/ADX (14) | 33.11 | POSITIVE | The high ADX value value for NWPX suggests a strong 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)
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 |
|---|---|---|---|
| 53.14 | 51.45 | 1.69 (3.18%) | 25.00% |
| An entry @53.14. This is a Buy Stop order right above the resistance zone. | An exit @51.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.69 points, which is 3.18%. | For a 0.80% 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 NWPX. 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.
52.15
-0.87 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.64%
1 Week-0.53%
2 Weeks-1.1%
1 Month-0.02%
3 Month21.9%
6 Month31.39%
12 Month18.52%
2 Year91.31%
3 Year53.43%
5 Year94.59%
10 Year294.78%
15 Year177.1%
Volatility
ATR(14)1.42
ATR(20)%2.85%
ATR Inc4.59%
Range Today1.74
ADR(20)1.45
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.6
Mansfield0.1
10 Day High53.8
10 Day Low51.46
20 Day High53.94
20 Day Low50.26
52 Week High57.76
52 Week Low36.97
CS1 End51.26
CR1 Start52.34
Volume & EV
DER(3)-0.85%
DER(5)-1.83%
Volume29.20K
Volume Incr-45.85%
Vol(5)38.84K
Vol(50)65.40K