NRW: 0.618 Fibonacci Retraction (2.69)

NRW: The current Fibonacci Retraction levels are: (23.61%) $3.34: (38.2%) $2.8: (50%) $2.75: (61.8%) $2.69The current support levels are: (78.6%) $2.61: (100%) $2.51: (138.2%) $2.33: (161.8%) $2.22: (261.8%) $1.75: (423.61%) $0.99

NRW continues positive divergence & potential shift in direction

[BULLISH]: NRW current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.24. NRW (ASX:NWH) received a confirmed CMF crossover days on the Jan 3 2020. The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.27 occurring on the Jan 3 2020.

NRW: Momentum(14)

NRW: Momentum(14)

[BULLISH]: NRW currently has positive momentum of 0.23. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 2.1%. The largest upward momentum rally for the last 3 months is 6 days producing a return of 0.6%.

Expanding price range for NWH signalling buyers continue to be more eager

[BULLISH]: NRW buyers are increasingly eager. There has been 3 consecutive days of range increase for NWH adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.4700 & the greatest daily price range this year has been $0.4700. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 1x.

NWH Basic Candle: White Opening Marubozu

NWH Basic Candle: White Opening Marubozu

[BULLISH]: NRW has formed a White Opening Marubozu candlestick. This means, NWH has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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