(NEWT) Newtek Business complete technical analysis [charts+indicators] | Buy/Sell Newtek Business | (NEWT) share price targets
Complete technical analysis of Newtek Business (NEWT) by charts plus indicators, forecast predictions and share price targets for Newtek Business (NEWT)
Newtek Business trades in USA in N A sector.
Showing technical analysis as on 2024-08-05 View latest technical analysis
10 day averaged volume of Newtek Business is 206374
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 12.50 | 12.55 | 12.57 | 12.12 | 0.91 times |
| 02 Fri Aug 2024 | 13.06 | 13.27 | 13.46 | 12.95 | 0.741 times |
| 01 Thu Aug 2024 | 13.82 | 14.00 | 14.24 | 13.70 | 1.232 times |
| 31 Wed Jul 2024 | 13.99 | 13.70 | 14.27 | 13.56 | 1.041 times |
| 30 Tue Jul 2024 | 13.59 | 13.90 | 13.90 | 13.43 | 0.623 times |
| 29 Mon Jul 2024 | 13.87 | 13.96 | 14.02 | 13.61 | 0.662 times |
| 26 Fri Jul 2024 | 13.87 | 14.38 | 14.47 | 13.75 | 1.77 times |
| 25 Thu Jul 2024 | 14.39 | 14.14 | 14.60 | 14.14 | 1.595 times |
| 24 Wed Jul 2024 | 14.30 | 14.72 | 14.93 | 14.26 | 0.487 times |
| 23 Tue Jul 2024 | 14.84 | 14.53 | 15.17 | 14.45 | 1.231 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.4, for a target of 13.2 or 13.92
Share price targets for Newtek Business (NEWT)
| Target Type | Value |
| Downside Target | 10.66 |
| Downside Target | 11.94 |
| Upside Target | 12.95 |
| Upside Target | 13.75 |
| Upside Target | 13.84 |
| Upside Target | 14.24 |
| Upside Target | 14.27 |
| Upside Target | 14.47 |
| Upside Target | 15.17 |
| Upside Target | 15.22 |
Intraday share price targets for Newtek Business (NEWT)
| Target Type | Value |
| Downside Intraday Target | 12.22 |
| Downside Intraday Target | 11.95 |
| Upside Intraday Target | 12.67 |
| Upside Intraday Target | 12.85 |
| Downside Intraday Target | 12.4 |
Weekly technical analysis of Newtek Business (NEWT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 12.50 | 12.55 | 12.57 | 12.12 | 0.212 times |
| 02 Fri Aug 2024 | 13.06 | 13.96 | 14.27 | 12.95 | 0.754 times |
| 26 Fri Jul 2024 | 13.87 | 14.33 | 15.17 | 13.75 | 1.682 times |
| 19 Fri Jul 2024 | 14.38 | 13.81 | 15.22 | 13.75 | 0.999 times |
| 12 Fri Jul 2024 | 13.68 | 12.50 | 13.75 | 12.40 | 3.773 times |
Price has moved down 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 (NEWT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 12.50 | 14.00 | 14.24 | 12.12 | 0.164 times |
| 31 Wed Jul 2024 | 13.99 | 12.56 | 15.22 | 12.36 | 0.754 times |
| 28 Fri Jun 2024 | 12.57 | 13.80 | 13.84 | 11.94 | 1.65 times |
| 31 Fri May 2024 | 13.75 | 10.81 | 14.47 | 10.66 | 1.003 times |
Scroll below to view daily charts
Price has moved down 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 (NEWT)
Price action analysis of Newtek Business ( (NEWT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newtek Business ( (NEWT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newtek Business ( (NEWT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Newtek Business ( (NEWT) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Newtek Business stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newtek Business in short term but the sell signal is initial and weak.
Newtek Business Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newtek Business in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newtek Business is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.9 and Newtek Business (NEWT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newtek Business (NEWT) stock. Volume based technical analysis of Newtek Business (NEWT) stock is negative.
Newtek Business Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Newtek Business ( (NEWT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newtek Business ( (NEWT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newtek Business ( (NEWT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Newtek Business ( (NEWT) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Newtek Business stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newtek Business in short term but the sell signal is initial and weak.
Newtek Business Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newtek Business in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newtek Business is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.9 and Newtek Business (NEWT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newtek Business (NEWT) stock. Volume based technical analysis of Newtek Business (NEWT) stock is negative.
Newtek Business Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.