NEWELL BRANDS INC (NWL)
US6512291062 - Common Stock
Taking everything into account, NWL scores 8 out of 10 in our technical rating. Although NWL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
NWL is one of the better performing stocks in the Household Durables industry, it outperforms 74% of 64 stocks in the same industry.
NWL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NWL is lagging the market slightly.
In the last month NWL has a been trading in the 8.63 - 9.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NWL has an average volume of 7064430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NWL is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, NWL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 8.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
7.19
9.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.74 to 8.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.59 from a trend line in the daily time frame.
- A support zone ranging from 7.26 to 7.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @9.23 from a horizontal line in the weekly time frame.
- Resistance @9.54 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
CRS77.91
Mansfield0.36
10 Day High9.5
10 Day Low8.7
20 Day High9.68
20 Day Low8.63
52 Week High9.68
52 Week Low5.39
Performance
1 Week3.64%
2 Weeks-1.08%
1 Month4.47%
3 Month23.24%
6 Month16.03%
12 Month21.76%
2 Year-29.68%
3 Year-57.52%
5 Year-52.55%
10 Year-74.88%
15 Year-37.15%
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)-0.05
RSI(14)61.24
LBB8.66
UBB9.33
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 |
|---|---|---|---|
| 9.24 | 8.73 | 0.51 (5.52%) | 18.12% |
| An entry @9.24. This is a Buy Stop order right above the resistance zone. | An exit @8.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 5.52%. | When investing 18.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NWL. Please evaluate whether better entry and exit points can be found.
- 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.
NEWELL BRANDS INC
NASDAQ:NWL (11/22/2024, 8:00:02 PM)
After market: 9.2 +0.08 (+0.88%)9.12
+0.18 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.01%
1 Week3.64%
2 Weeks-1.08%
1 Month4.47%
3 Month23.24%
6 Month16.03%
12 Month21.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%4.03%
ATR Inc
Range Today0.26
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 High9.5
10 Day Low8.7
20 Day High9.68
20 Day Low8.63
52 Week High9.68
52 Week Low5.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.96M
Volume Incr-23.07%
Vol(5)5.11M
Vol(50)7.06M