NATWEST GROUP PLC -SPON ADR (NWG) Stock Technical Analysis
NYSE:NWG - New York Stock Exchange, Inc. - US6390572070 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to NWG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NWG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NWG did better than 95% of all other stocks. We also observe that the gains produced by NWG over the past year are nicely spread over this period.
NWG is one of the better performing stocks in the Banks industry, it outperforms 97% of 398 stocks in the same industry.
NWG is currently trading near its 52 week high, which is a good sign. Certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
In the last month NWG has a been trading in the 10.40 - 12.41 range, which is quite wide. It is currently trading near the high of this range.
NWG has an average volume of 6565190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NWG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.78, a Stop Loss order could be placed below this zone.
More info and screens
9.22
12.71
6 important support areas can be observed.
- A support zone ranging from 11.53 to 11.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.09 from a trend line in the weekly time frame.
- A support zone ranging from 10.56 to 10.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.39 from a trend line in the weekly time frame.
- Support @9.80 from a trend line in the daily time frame.
- Support @9.31 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.28 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.58 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.79
Mansfield3.66
10 Day High12.41
10 Day Low10.4
20 Day High12.41
20 Day Low10.4
52 Week High12.65
52 Week Low7.68
Performance
1 Week4.82%
2 Weeks13.53%
1 Month1.42%
3 Month15.14%
6 Month28.24%
12 Month55.23%
2 Year83.56%
3 Year124.54%
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)0.08
RSI(14)56.05
LBB10.49
UBB12.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.32 | 11.52 | 0.80 (6.49%) | 15.40% |
| An entry @12.32. This is a Buy Stop order right above the resistance zone. | An exit @11.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.80 points, which is 6.49%. | For a 1.00% total portfolio risk, you can invest 15.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.17
-0.1 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.81%
1 Week4.82%
2 Weeks13.53%
1 Month1.42%
3 Month15.14%
6 Month28.24%
12 Month55.23%
2 Year83.56%
3 Year124.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.44%
ATR Inc-46.61%
Range Today0.32
ADR(20)0.33
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.79
Mansfield3.66
10 Day High12.41
10 Day Low10.4
20 Day High12.41
20 Day Low10.4
52 Week High12.65
52 Week Low7.68
CS1 End11.78
CR1 Start12.28
Volume & EV
DER(3)0.42%
DER(5)1.25%
Volume2.77M
Volume Incr3.16%
Vol(5)5.20M
Vol(50)6.57M