NEWS CORP - CLASS A (NWSA) Technical Analysis
NASDAQ:NWSA • US65249B1098
Current stock price
NWSA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NWSA. In the last year, NWSA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 73% of all other stocks performed better in the past year than NWSA.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month NWSA has a been trading in the 23.89 - 26.88 range, which is quite wide. It is currently trading near the high of this range.
- NWSA has an average volume of 4302200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NWSA is part of the Media industry. There are 90 other stocks in this industry, NWSA did better than 58% of them.
- NWSA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWSA is lagging the market.
NWSA Weekly and Daily overview Charts
NWSA Setup Rating and Analysis
NWSA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NWSA Support and Resistance Analysis
22.18
We found 1 important support area.
- A support zone ranging from 22.40 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.75 to 27.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.21 from a horizontal line in the weekly time frame.
NWSA Technical Indicator Signal Analysis
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 NWSA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWSA is up. |
| ChartMill Relative Strength | 27.72 | NEGATIVE | NWSA has a low relative strength, it was outperformed by 72.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.88 | NEUTRAL | The RSI value for NWSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NWSA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.93 | OVERBOUGHT | The high Stochastics value suggests NWSA may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for NWSA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for NWSA suggests a possible start of a new trend. |
NWSA Chart- and CandleStick Pattern Analysis
NWSA Technicals: Chart, Performance Metrics, Trend & Indicators
26.31
-0.34 (-1.28%)
NEWS CORP - CLASS A / NWSA TA FAQ
What is the technical rating for NWSA stock?
ChartMill assigns a technical rating of 6 / 10 to NWSA.
Can you provide the trend direction for NEWS CORP - CLASS A?
The current trend direction for NEWS CORP - CLASS A (NWSA) is Bearish.
Can you provide the RSI signal for NEWS CORP - CLASS A?
NEWS CORP - CLASS A (NWSA) has an RSI value of 66.8832. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEWS CORP - CLASS A?
The MACD indicator for NEWS CORP - CLASS A (NWSA) has a value of 0.171795, indicating a bearish trend.
What is the short term momentum for NEWS CORP - CLASS A (NWSA) stock?
The short term momentum for NEWS CORP - CLASS A (NWSA) is positive.