USA - NASDAQ:NWTN - KYG6693P1063 - Common Stock
Taking everything into account, NWTN scores 4 out of 10 in our technical rating. In the last year, NWTN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
NWTN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.08
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 NWTN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWTN is neutral. |
| ChartMill Relative Strength | 62.16 | NEUTRAL | NWTN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.84 | NEUTRAL | The RSI value for NWTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NWTN has a positive trend. |
| Stochastics (14,3) | 42.67 | NEUTRAL | The Stochastics value for NWTN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for NWTN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.68 | NEGATIVE | The low ADX value for NWTN suggests a weak or negative trend. |
1.39
+0.28 (+25.23%)
ChartMill assigns a technical rating of 4 / 10 to NWTN.
The current trend direction for NWTN INC - CLASS B (NWTN) is Bearish.
NWTN INC - CLASS B (NWTN) has an RSI value of 54.8406. This indicates that the stock is currently neutral.
The short term momentum for NWTN INC - CLASS B (NWTN) is neutral.