NEWS CORP - CLASS A (NWSA) Stock Technical Analysis
USA - NASDAQ:NWSA - US65249B1098 - Common Stock
Overall NWSA gets a technical rating of 0 out of 10. NWSA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NWSA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.96, a Stop Loss order could be placed below this zone.
More info and screens
24.33
3 important support areas can be observed.
- A support zone ranging from 25.91 to 25.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.35 from a horizontal line in the daily time frame.
- Support @24.58 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.32 to 26.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.44 to 28.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.21 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 | DOWN | NEGATIVE | The long term trend for NWSA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWSA is down. |
| ChartMill Relative Strength | 20.24 | NEGATIVE | NWSA has a low relative strength, it was outperformed by 79.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWSA is below a declining 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) | 35.87 | NEUTRAL | The RSI value for NWSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NWSA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.93 | NEUTRAL | The Stochastics value for NWSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for NWSA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.15 | POSITIVE | The high ADX value value for NWSA suggests a strong trend. |
26.05
-0.63 (-2.36%)
NEWS CORP - CLASS A / NWSA FAQ
What is the technical rating for NWSA stock?
ChartMill assigns a technical rating of 0 / 10 to NWSA.
What is the trend direction for NWSA stock?
The current trend direction for NEWS CORP - CLASS A (NWSA) is Bearish.
What is the RSI signal for NEWS CORP - CLASS A (NWSA) stock?
NEWS CORP - CLASS A (NWSA) has an RSI value of 35.8658. 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 0.0814508, indicating a bearish trend.
Can you provide the support and resistance levels for NEWS CORP - CLASS A?
NEWS CORP - CLASS A (NWSA) has a support level at 25.96 and a resistance level at 26.32. Check the full technical report for our detailed analysis of NWSA support and resistance levels.