NEWTON GOLF COMPANY INC (NWTG) Stock Technical Analysis
NASDAQ:NWTG - Nasdaq - US78577G3011 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to NWTG. In the last year, NWTG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than NWTG.
NWTG is part of the Leisure Products industry. There are 30 other stocks in this industry, of which 96% are performing better than NWTG.
In the last month NWTG has a been trading in the 1.37 - 1.76 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
NWTG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.44
1.61
When analyzing the support we notice one important area.
- A support zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.58 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 NWTG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWTG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NWTG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWTG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for NWTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NWTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.63 | NEUTRAL | The Stochastics value for NWTG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for NWTG suggests high volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for NWTG 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)
1.475
+0.03 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.72%
1 Week-3.59%
2 Weeks-3.59%
1 Month-8.95%
3 Month-20.7%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.71%
ATR Inc12.38%
Range Today0.07
ADR(20)0.1
ADR(20)%6.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.65
10 Day Low1.37
20 Day High1.76
20 Day Low1.37
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.51
Volume & EV
DER(3)-3.13%
DER(5)-3.18%
Volume97.50K
Volume Incr-16.73%
Vol(5)103.62K
Vol(50)223.53K