NEWSTAR FINANCIAL INC (NEWS) Stock Technical Analysis
NASDAQ:NEWS - Nasdaq - US65251F1057
Taking everything into account, NEWS scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEWS is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that NEWS is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by NEWS over the past year are nicely spread over this period.
NEWS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NEWS is performing more or less in line with the market.
In the last month NEWS has a been trading in a tight range between 11.48 and 12.08.
Volume is considerably higher in the last couple of days.
Although NEWS has an excellent technical rating, it 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
9.94
12.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.62 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.46 from a trend line in the weekly time frame.
- Support @10.04 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.32 to 12.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield0.29
10 Day High12.08
10 Day Low11.48
20 Day High12.08
20 Day Low11.48
52 Week High12.59
52 Week Low8.54
Performance
1 Week2.57%
2 Weeks1.35%
1 Month1.53%
3 Month4.81%
6 Month11.55%
12 Month28.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)59.73
LBB11.55
UBB11.96
11.98
+0.26 (+2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.22%
1 Week2.57%
2 Weeks1.35%
1 Month1.53%
3 Month4.81%
6 Month11.55%
12 Month28.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.47%
ATR Inc110%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield0.29
10 Day High12.08
10 Day Low11.48
20 Day High12.08
20 Day Low11.48
52 Week High12.59
52 Week Low8.54
CS1 End11.95
CR1 Start12.32
Volume & EV
DER(3)-0.76%
DER(5)1.42%
Volume6.52M
Volume Incr558.92%
Vol(5)1.89M
Vol(50)492.04K