(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 2024-08-06 View latest technical analysis
10 day averaged volume of Newtek Business is 212404
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 12.60 | 13.01 | 13.12 | 12.29 | 0.912 times |
| 05 Mon Aug 2024 | 12.50 | 12.55 | 12.57 | 12.12 | 0.884 times |
| 02 Fri Aug 2024 | 13.06 | 13.27 | 13.46 | 12.95 | 0.72 times |
| 01 Thu Aug 2024 | 13.82 | 14.00 | 14.24 | 13.70 | 1.197 times |
| 31 Wed Jul 2024 | 13.99 | 13.70 | 14.27 | 13.56 | 1.012 times |
| 30 Tue Jul 2024 | 13.59 | 13.90 | 13.90 | 13.43 | 0.605 times |
| 29 Mon Jul 2024 | 13.87 | 13.96 | 14.02 | 13.61 | 0.643 times |
| 26 Fri Jul 2024 | 13.87 | 14.38 | 14.47 | 13.75 | 1.72 times |
| 25 Thu Jul 2024 | 14.39 | 14.14 | 14.60 | 14.14 | 1.55 times |
| 24 Wed Jul 2024 | 14.30 | 14.72 | 14.93 | 14.26 | 0.474 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 13.93
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 | 12.11 |
| Downside Intraday Target | 11.61 |
| Upside Intraday Target | 13.11 |
| Upside Intraday Target | 13.61 |
| Upside Intraday Target | 12.61 |
Weekly technical analysis of Newtek Business (NEWT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 12.60 | 12.55 | 13.12 | 12.12 | 0.43 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 |
| 06 Tue Aug 2024 | 12.60 | 14.00 | 14.24 | 12.12 | 0.218 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Newtek Business stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Newtek Business in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 13.66 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Newtek Business stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Newtek Business in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 13.66 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.