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(NEWTZ) Newtek Business complete technical analysis [charts+indicators] | Buy/Sell Newtek Business | (NEWTZ) share price targets

Complete technical analysis of Newtek Business (NEWTZ) by charts plus indicators, forecast predictions and share price targets for Newtek Business (NEWTZ)

Newtek Business trades in USA in N A sector.

10 day averaged volume of Newtek Business is 1648

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 24.25 24.29 24.30 24.25 0.934 times
15 Wed May 2024 24.25 24.27 24.27 24.25 0.387 times
14 Tue May 2024 24.11 24.20 24.20 24.11 0.546 times
13 Mon May 2024 24.27 24.27 24.27 24.27 0.425 times
10 Fri May 2024 24.01 23.92 24.01 23.92 0.243 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.1, but if it comes below 24.1, then a intra day sell could be more profitable.
If you take a sell trade below 24.1, then use 24.1 as stoploss and 23.93 as target. However if you take a buy trade in stock , then use 24.1 as stoploss and 24.4 as target.

Share price targets for Newtek Business (NEWTZ)

Target Type Value
Downside Target 23.46
Downside Target 23.99
Downside Target 24.05
Downside Target 24.11
Downside Target 24.20
Upside Target 24.27
Upside Target 24.30
Upside Target 24.33
Upside Target 24.39

Intraday share price targets for Newtek Business (NEWTZ)

Target Type Value
Downside Intraday Target 24.14
Downside Intraday Target 24.03
Upside Intraday Target 24.33
Upside Intraday Target 24.41
Downside Intraday Target 24.22

Weekly technical analysis of Newtek Business (NEWTZ)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 24.25 24.27 24.30 24.11 0.51 times
10 Fri May 2024 24.01 24.02 24.27 23.90 0.435 times
03 Fri May 2024 23.99 23.52 23.99 23.52 1.889 times
26 Fri Apr 2024 23.77 23.54 23.88 23.54 1.25 times
19 Fri Apr 2024 23.60 23.79 23.96 23.51 0.96 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Newtek Business (NEWTZ)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 24.25 23.85 24.30 23.78 0.441 times
30 Tue Apr 2024 23.95 24.32 24.39 23.51 0.68 times
28 Thu Mar 2024 24.32 23.71 24.33 23.70 0.239 times
29 Thu Feb 2024 24.00 23.61 24.05 23.60 2.723 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Newtek Business (NEWTZ)

Indicator Name Indicator Value Indicator Signal
ADX 35, 29, 9 Buy
MACD 0, 0Buy
Stochastics 87Buy
CCI 95Buy
RSI 42Sell
OBV 26737Sell
VWAP 24Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Newtek Business ( (NEWTZ) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newtek Business ( (NEWTZ) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newtek Business ( (NEWTZ) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newtek Business ( (NEWTZ) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Newtek Business stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Newtek Business in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newtek Business Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Newtek Business in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Newtek Business is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.07 and Newtek Business (NEWTZ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Newtek Business (NEWTZ) stock. Volume based technical analysis of Newtek Business (NEWTZ) stock is negative.

Newtek Business Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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