NEWELL BRANDS INC (NWL) Stock Technical Analysis
NASDAQ:NWL - Nasdaq - US6512291062 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NWL. NWL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than NWL.
NWL is one of the lesser performing stocks in the Household Durables industry. 61% of 66 stocks in the same industry do better.
NWL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
NWL has an average volume of 8474550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NWL has a been trading in the 6.12 - 7.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NWL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NWL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.20
11.15
When analyzing the support we notice one important area.
- A support zone ranging from 6.26 to 6.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.76 to 6.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.69 from a trend line in the daily time frame.
- Resistance @10.31 from a trend line in the weekly time frame.
- Resistance @11.04 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
CRS15.83
Mansfield-1.82
10 Day High6.92
10 Day Low6.12
20 Day High7.73
20 Day Low6.12
52 Week High11.78
52 Week Low5.39
Performance
1 Week5.14%
2 Weeks-0.74%
1 Month-30.34%
3 Month-34.53%
6 Month-11.3%
12 Month-14.12%
2 Year-45.74%
3 Year-68.47%
5 Year-49.17%
10 Year-82.72%
15 Year-55.59%
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)36.01
LBB6.22
UBB7.04
6.75
+0.06 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.9%
1 Week5.14%
2 Weeks-0.74%
1 Month-30.34%
3 Month-34.53%
6 Month-11.3%
12 Month-14.12%
2 Year-45.74%
3 Year-68.47%
5 Year-49.17%
10 Year-82.72%
15 Year-55.59%
Volatility
ATR(14)0.3
ATR(20)%6.6%
ATR Inc-3.97%
Range Today0.28
ADR(20)0.34
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.83
Mansfield-1.82
10 Day High6.92
10 Day Low6.12
20 Day High7.73
20 Day Low6.12
52 Week High11.78
52 Week Low5.39
CS1 End6.3
CR1 Start6.76
Volume & EV
DER(3)6.19%
DER(5)3.92%
Volume8.28M
Volume Incr-24.66%
Vol(5)9.59M
Vol(50)8.47M