New Home Co. Llc (NWHM)

8.99  0 (0%)

Technical Rating and Analysis

10

Overall NWHM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NWHM 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, NWHM did better than 94% of all other stocks. We also observe that the gains produced by NWHM over the past year are nicely spread over this period.
NWHM is one of the better performing stocks in the Household Durables industry, it outperforms 98% of 65 stocks in the same industry.
A new 52 week high is currently being made by NWHM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NWHM has a been trading in a tight range between 8.92 and 9.00.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NWHM Weekly chart
NWHM Daily chart
Setup Rating and Analysis

7

NWHM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.97, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.56

9.09

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 8.93 to 8.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.29 from a trend line in the weekly time frame.
  • Support @5.12 from a trend line in the weekly time frame.
  • Support @4.61 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.00 to 9.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.74
Mansfield3.14
10 Day High9
10 Day Low8.94
20 Day High9
20 Day Low8.92
52 Week High9
52 Week Low3.81
Performance
1 Week0.33%
2 Weeks0.56%
1 Month0.78%
3 Month50.84%
6 Month58.55%
12 Month125.88%
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)-0.1
RSI(14)78.89
LBB8.93
UBB9
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
9.018.930.08 (0.89%)25.00%
An entry @9.01. This is a Buy Stop order right above the resistance zone.An exit @8.93. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.89%.For a 0.22% total portfolio risk, you can invest 25.00% 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.
NWHM Daily chart

New Home Co. Llc

NYSE:NWHM (9/7/2021, 8:32:39 PM)

8.99

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0%
1 Week0.33%
2 Weeks0.56%
1 Month0.78%
3 Month50.84%
6 Month58.55%
12 Month125.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.22%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9
10 Day Low8.94
20 Day High9
20 Day Low8.92
52 Week High9
52 Week Low3.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume109.20K
Volume Incr-61.76%
Vol(5)51.60K
Vol(50)292.37K