NEWS CORP - CLASS A (NWSA)

US65249B1098 - Common Stock

29.49  -0.05 (-0.17%)

After market: 29.6 +0.11 (+0.37%)

Technical Rating and Analysis

10

Overall NWSA 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, NWSA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NWSA is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by NWSA over the past year are nicely spread over this period.
NWSA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NWSA has a been trading in the 26.03 - 30.04 range, which is quite wide. It is currently trading near the high of this range.
NWSA has an average volume of 2491270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NWSA is an average performer in the Media industry, it outperforms 67% of 91 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NWSA Weekly chart
NWSA Daily chart
Setup Rating and Analysis

7

NWSA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.52. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

25.16

29.84

We found 3 important support areas.

  • A support zone ranging from 29.07 to 29.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 25.88 to 26.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.41 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 29.52 to 29.54. 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
CRS73.96
Mansfield0.03
10 Day High29.99
10 Day Low28.22
20 Day High30.04
20 Day Low26.03
52 Week High30.04
52 Week Low21.52
Performance
1 Week3.04%
2 Weeks-0.1%
1 Month13.47%
3 Month4.8%
6 Month10.28%
12 Month33.98%
2 Year53.99%
3 Year36.4%
5 Year128.96%
10 Year90.01%
15 Year157.33%
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)0.03
RSI(14)68.59
LBB28.14
UBB29.89
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
29.5529.060.49 (1.66%)25.00%
An entry @29.55. This is a Buy Stop order right above the resistance zone.An exit @29.06. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.49 points, which is 1.66%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%.

  • The distance between exit and entry is rather small compared to the average daily movement of NWSA. 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.
NWSA Daily chart

NEWS CORP - CLASS A

NASDAQ:NWSA (11/22/2024, 8:00:02 PM)

After market: 29.6 +0.11 (+0.37%)

29.49

-0.05 (-0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.17%
1 Week3.04%
2 Weeks-0.1%
1 Month13.47%
3 Month4.8%
6 Month10.28%
12 Month33.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%2.22%
ATR Inc
Range Today0.45
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 High29.99
10 Day Low28.22
20 Day High30.04
20 Day Low26.03
52 Week High30.04
52 Week Low21.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.41M
Volume Incr28.34%
Vol(5)3.41M
Vol(50)2.49M