NEWS CORP - CLASS B (NWS) Stock Technical Analysis
USA - NASDAQ:NWS - US65249B2088 - Common Stock
32.09 USD
-0.19 (-0.59%)
32.09 USD
0 (0%)
Overall NWS gets a technical rating of 1 out of 10. NWS 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.
In the last month NWS has a been trading in the 31.56 - 35.20 range, which is quite wide. It is currently trading near the lows of this range.
NWS is one of the better performing stocks in the Media industry, it outperforms 72% of 99 stocks in the same industry.
NWS has an average volume of 1351770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, NWS outperforms 53% of them, which is more or less in line with the market.
NWS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWS is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of NWS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.87
35.53
When analyzing the support we can see 4 important areas.
- Support @31.98 from a horizontal line in the daily time frame.
- Support @31.35 from a horizontal line in the daily time frame.
- Support @29.22 from a trend line in the weekly time frame.
- A support zone ranging from 27.14 to 27.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @32.22 from a trend line in the daily time frame.
- A resistance zone ranging from 33.16 to 33.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.86 to 35.18. 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 | NEUTRAL | NEUTRAL | The long term trend for NWS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWS is down. |
| ChartMill Relative Strength | 53.8 | NEUTRAL | NWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NWS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.34 | NEUTRAL | The RSI value for NWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NWS has a negative trend. |
| Stochastics (14,3) | 5.15 | OVERSOLD | The low Stochastics value suggests NWS may be oversold. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for NWS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for NWS 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)
32.09
-0.19 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.59%
1 Week-4.58%
2 Weeks-5.4%
1 Month-3.92%
3 Month-6.69%
6 Month15.85%
12 Month16.65%
2 Year49.67%
3 Year87.33%
5 Year146.47%
10 Year107.3%
15 Year99.44%
Volatility
ATR(14)0.72
ATR(20)%2.4%
ATR Inc-24.74%
Range Today0.63
ADR(20)0.7
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.8
Mansfield-1
10 Day High35.21
10 Day Low32.04
20 Day High35.21
20 Day Low31.56
52 Week High35.58
52 Week Low26.25
CS1 End31.98
CR1 Start32.22
Volume & EV
DER(3)-1.14%
DER(5)-1.44%
Volume1.04M
Volume Incr16.26%
Vol(5)2.20M
Vol(50)1.35M