NEWTEKONE INC (NEWT) Stock Technical Analysis
NASDAQ:NEWT - Nasdaq - US6525262035 - Common Stock - Currency: USD
Overall NEWT gets a technical rating of 2 out of 10. NEWT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, NEWT outperforms 59% of them, which is more or less in line with the market.
NEWT is part of the Financial Services industry. There are 101 other stocks in this industry, NEWT did better than 57% of them.
NEWT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEWT is lagging the market slightly.
In the last month NEWT has a been trading in the 12.18 - 13.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, NEWT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.30. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.12
14.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.71 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.08 to 12.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.23 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.30 to 13.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.25 to 14.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @14.84 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.83
Mansfield-0.37
10 Day High13.74
10 Day Low12.18
20 Day High13.74
20 Day Low12.18
52 Week High15.49
52 Week Low10.07
Performance
1 Week2.85%
2 Weeks1.8%
1 Month-2.62%
3 Month-10.41%
6 Month3.67%
12 Month15.06%
2 Year-15.15%
3 Year-52.4%
5 Year-31.49%
10 Year-22.08%
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)0.01
RSI(14)53.1
LBB12.18
UBB13.23
12.99
-0.03 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.23%
1 Week2.85%
2 Weeks1.8%
1 Month-2.62%
3 Month-10.41%
6 Month3.67%
12 Month15.06%
2 Year-15.15%
3 Year-52.4%
5 Year-31.49%
10 Year-22.08%
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.3%
ATR Inc152.82%
Range Today0.42
ADR(20)0.4
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.83
Mansfield-0.37
10 Day High13.74
10 Day Low12.18
20 Day High13.74
20 Day Low12.18
52 Week High15.49
52 Week Low10.07
CS1 End12.85
CR1 Start13.3
Volume & EV
DER(3)0.93%
DER(5)0.87%
Volume233.50K
Volume Incr72.78%
Vol(5)272.40K
Vol(50)168.04K