Technical analysis from NRW (NWH.AX, ASX:NWH.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

NRW
+ Share

Second timeframe trend of NRW remains as an Downtrend
Medium Trend /
Second timeframe trend of NRW remains as an Downtrend

[BEARISH]: NRW has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the May 23 2018.

Daily bar has confirmed has confirmed an ATR downtrend is intact for NWH
Average True Range /
Daily bar has confirmed has confirmed an ATR downtrend is intact for NWH

[Bearish]: Average True Range has confirmed an downtrend is present. NRW has a TR of 0.05, and an ATR(14) of 0.06.

Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for NWH

[BULLISH]: NRW Elder Ray Index is signalling a Bullish movementERI is 0.012 indicating bull power. Prices are being driven above the consensus of value for NWH during the last trading session [Buying Pressure]

Simple Moving Average /
NRW: Closing price $1.29 is below the SMA(5) @$1.316

[BEARISH]: NRW currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.9%.

Closing Price /
NRW: Daily closing price is $1.29 [Bearish]

[BEARISH]: NRW current downtrend in the first timeframe. Currently, the Close is $1.29.

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for NRW indicating downward price movement is likely

[BEARISH]: NRW currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.9%.

Top companies for
Australian Stock Exchange
Advertisment
Opening Price /
Weak opening from NWH has seen an decrease of 0.8 % [Downtrend]

[BEARISH]: NRW opening price has gapped down. Currently, the OPEN is $1.3 (0.8 %).

[Bearish]: EMA(5) is serving as a resistance line for NRW
Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for NRW

[BEARISH]: NRW currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.9%.

NRW is being actively distributed based on OBV
On Balance Volume /
NRW is being actively distributed based on OBV

[BEARISH]: NRW current price has highlighted recent distribution. Currently, the OBV is -5.6108e+006.

Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for NWH

[BEARISH]: NRW current price have moved downwards on high volume. Currently, the Ease of Movement is -0.128

Volume Rate of Change /
Volume rate of change(14) is decreasing for NRW

[BEARISH]: NRW currently has negative rate of change of -36%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.9%.

Detrended Price Oscillator /
The simple moving average and past price for NWH has confirmed bearish trading conditions

NWH: DPO Current Signal -> (1) 24 May: BEARISH (2) 23 May: BEARISH (3) 22 May: BEARISH CROSSOVER

5-day momentum is now decreasing for NRW
Momentum /
5-day momentum is now decreasing for NRW

[BEARISH CROSSOVER]: NRW currently has negative momentum of -0.01 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -1.9%.The largest downward momentum rally for the last 3 months is 17 days producing a return of -27.5%.

NRW: Sellers are now becoming less eager.
Range Tod Vs Range Yest /
NRW: Sellers are now becoming less eager.

NWH: Range today versus range yesterday Recent Trading -> (1) 24 May: -18.2% (2) 23 May: 10.0% (3) 22 May: -37.5%

Triangular Moving Average /
NRW is in a short term downtrend with the closing price @$1.29

[BEARISH]: NRW currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.9%.

Percentage Volume /
NRW: Percentage Volume Oscillator (-12.83)

[BEARISH]: NRW currently has negative PVO -12.83%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.6%.

Percentage Price /
NRW currently has negative PPO -0.77

[BEARISH]: NRW currently has negative PPO -0.77%. This means the current price is losing momentum through a fall on the short term exponential moving average.

[High Stress]: High drawdown associated with recent trading of NWH
Ulcer Index /
[High Stress]: High drawdown associated with recent trading of NWH

NWH: UIX Current Signal -> (1) 24 May: High stress (2) 23 May: High stress (3) 22 May: High stress

The WMA trend following signal is still current for NRW [Bearish]
Weighted Moving Average /
The WMA trend following signal is still current for NRW [Bearish]

[BEARISH]: NRW currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.9%.

[Bullish]: New volume high has formed for NWH by 150.8 during the last trading session
Volume /
[Bullish]: New volume high has formed for NWH by 150.8 during the last trading session

NWH: VOLUME Current Signal -> (1) 24 May: BULLISH (2) 23 May: BEARISH (3) 22 May: BEARISH

Low Price /
NRW: Daily low performance is -1.9 % [Downtrend]

[BULLISH]: NRW current downtrend in the first timeframe. Currently, the Low is $1.265 (-1.9 %).

Accumulation / Distribution /
NRW is being actively distributed

NWH: ADLINE Current Signal -> (1) 24 May: BEARISH (2) 23 May: BEARISH (3) 22 May: BEARISH

Fibonacci Extensions /
[Long]: Exit price for NWH should be set @$6.57

NRW has moved below the 161.8% level ($7.37) [Bullish]. Look for a long limit order entry near this point. Exit price for NWH should be set @$6.57 & Stoploss for NRW should be set at $8.17

Demarks Pivot Points /
DeMark pivot point for NWH is bearish. Stoploss should be positioned @$1.3

NRW has broken the first DeMark support point ($1.2825) [Bearish]. Look for a short limit order entry near this point. Exit price for NWH should be set @$1.2550 & short position stoploss for NRW should be set at $1.3

Stochastic overbought signal has just been neutralized for NRW
Stochastic Oscillator /
Stochastic overbought signal has just been neutralized for NRW

NWH: Stochastic Oscillator Signal -> (1) 24 May: BEARISH CROSSUNDER (2) 23 May: BEARISH (3) 22 May: BEARISH

NRW: Aroon Oscillator (-56)
Aroon Oscillator /
NRW: Aroon Oscillator (-56)

[BEARISH]: NRW has a current ARU(25) of 4 and a current ARD(25) of 60

Elders Force Index /
NRW: Direction, extent & volume have decreased in recent trading [Selling Pressure]

NWH: Elders Force Index Current Signal -> (1) 24 May: BEARISH (2) 23 May: BEARISH (3) 22 May: BEARISH

See More   See more results
Advertisment
Advertisment
back to top