NEWS CORP - CLASS B (NWS)

US65249B2088 - Common Stock

25.26  +0.48 (+1.94%)

After market: 25.26 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, NWS scores 4 out of 10 in our technical rating. Although NWS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, we notice that NWS is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by NWS over the past year are nicely spread over this period.
NWS is one of the better performing stocks in the Media industry, it outperforms 85% of 97 stocks in the same industry.
In the last month NWS has a been trading in the 24.36 - 26.81 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NWS 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 NWS is lagging the market slightly.
Weekly and Daily overview Charts
NWS Weekly chart
NWS Daily chart
Setup Rating and Analysis

8

NWS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.18, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

15.57

28.27

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 24.51 to 25.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.73 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @25.32 from a trend line in the weekly time frame.
  • A resistance zone ranging from 27.58 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.2
Mansfield0.01
10 Day High25.54
10 Day Low24.36
20 Day High26.81
20 Day Low24.36
52 Week High28.92
52 Week Low16.49
Performance
1 Week1.2%
2 Weeks1.94%
1 Month-4.54%
3 Month-1.71%
6 Month11.47%
12 Month46.35%
2 Year43.69%
3 Year-1.67%
5 Year116.82%
10 Year52.26%
15 Year124.93%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)46.78
LBB24.43
UBB25.48
NWS Daily chart

NEWS CORP - CLASS B

NASDAQ:NWS (5/3/2024, 7:09:42 PM)

After market: 25.26 0 (0%)

25.26

+0.48 (+1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.94%
1 Week1.2%
2 Weeks1.94%
1 Month-4.54%
3 Month-1.71%
6 Month11.47%
12 Month46.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%1.8%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25.54
10 Day Low24.36
20 Day High26.81
20 Day Low24.36
52 Week High28.92
52 Week Low16.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume534.90K
Volume Incr13.48%
Vol(5)774.50K
Vol(50)707.28K