NEWS CORP - CLASS B (NWS) Stock Technical Analysis
NASDAQ:NWS - Nasdaq - US65249B2088 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to NWS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that NWS is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by NWS over the past year are nicely spread over this period.
NWS is one of the better performing stocks in the Media industry, it outperforms 72% of 93 stocks in the same industry.
NWS 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 NWS is lagging the market slightly.
In the last month NWS has a been trading in the 30.95 - 35.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NWS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.42
35.36
We found 4 important support areas.
- Support @31.18 from a trend line in the daily time frame.
- Support @30.66 from a trend line in the weekly time frame.
- A support zone ranging from 29.89 to 29.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.87 to 35.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.95
Mansfield0.45
10 Day High35.25
10 Day Low32.19
20 Day High35.25
20 Day Low30.95
52 Week High35.25
52 Week Low23.99
Performance
1 Week-5.83%
2 Weeks-2%
1 Month3.1%
3 Month0.75%
6 Month10.62%
12 Month17.11%
2 Year87.14%
3 Year44%
5 Year159.65%
10 Year92.03%
15 Year105.08%
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)45.12
LBB31.79
UBB35.58
32.3
-0.64 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.94%
1 Week-5.83%
2 Weeks-2%
1 Month3.1%
3 Month0.75%
6 Month10.62%
12 Month17.11%
2 Year87.14%
3 Year44%
5 Year159.65%
10 Year92.03%
15 Year105.08%
Volatility
ATR(14)1
ATR(20)%2.71%
ATR Inc123.56%
Range Today0.89
ADR(20)0.84
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.95
Mansfield0.45
10 Day High35.25
10 Day Low32.19
20 Day High35.25
20 Day Low30.95
52 Week High35.25
52 Week Low23.99
CS1 End31.18
CR1 Start34.87
Volume & EV
DER(3)-1.75%
DER(5)0.43%
Volume785.60K
Volume Incr8.85%
Vol(5)1.01M
Vol(50)764.34K