NEWS CORP - CLASS A (NWSA) Stock Technical Analysis
NASDAQ:NWSA - Nasdaq - US65249B1098 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to NWSA. Although NWSA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
NWSA 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 NWSA is lagging the market slightly.
In the last month NWSA has a been trading in the 27.25 - 29.92 range, which is quite wide. It is currently trading near the high of this range.
NWSA has an average volume of 3358260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NWSA turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
NWSA is an average performer in the Media industry, it outperforms 61% of 97 stocks in the same industry.
NWSA has an excellent technical rating, but the quality of the setup is only medium 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
23.78
30.79
4 important support areas can be observed.
- A support zone ranging from 28.14 to 28.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.42 to 27.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.38 from a trend line in the weekly time frame.
- Support @24.02 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.86 to 30.49. 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 NWSA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWSA is up. |
| ChartMill Relative Strength | 60.65 | NEUTRAL | NWSA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of NWSA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.67 | NEUTRAL | The RSI value for NWSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests NWSA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.62 | OVERBOUGHT | The high Stochastics value suggests NWSA may be overbought. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for NWSA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for NWSA 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)
29.74
+0.13 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.44%
1 Week0.68%
2 Weeks5.99%
1 Month6.79%
3 Month20.99%
6 Month7.95%
12 Month8.22%
2 Year50.05%
3 Year73.51%
5 Year133.81%
10 Year101.9%
15 Year127.89%
Volatility
ATR(14)0.5
ATR(20)%1.54%
ATR Inc-23.18%
Range Today0.35
ADR(20)0.43
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.65
Mansfield-0.09
10 Day High29.92
10 Day Low28.16
20 Day High29.92
20 Day Low27.25
52 Week High30.69
52 Week Low23.38
CS1 End28.63
CR1 Start29.86
Volume & EV
DER(3)1.99%
DER(5)1.37%
Volume1.41M
Volume Incr-22.67%
Vol(5)2.92M
Vol(50)3.36M