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(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 2024-08-09 View latest technical analysis

10 day averaged volume of Newtek Business is 211694

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	12.22	12.41	12.48	12.12	0.61 times
08 Thu Aug 2024	12.38	12.64	12.64	12.27	1.078 times
07 Wed Aug 2024	12.39	12.83	12.88	12.21	1.204 times
06 Tue Aug 2024	12.60	13.01	13.12	12.29	0.915 times
05 Mon Aug 2024	12.50	12.55	12.57	12.12	0.887 times
02 Fri Aug 2024	13.06	13.27	13.46	12.95	0.723 times
01 Thu Aug 2024	13.82	14.00	14.24	13.70	1.201 times
31 Wed Jul 2024	13.99	13.70	14.27	13.56	1.015 times
30 Tue Jul 2024	13.59	13.90	13.90	13.43	0.607 times
29 Mon Jul 2024	13.87	13.96	14.02	13.61	0.645 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.9, but if it comes above 12.9, then a intra day buy could be more profitable.
If you take a sell trade below 12.9, then use 12.9 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.9 as stoploss and 13.76 as target.

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	11.85
Downside Intraday Target	11.49
Upside Intraday Target	12.85
Upside Intraday Target	13.49
Upside Intraday Target	12.49

Weekly technical analysis of Newtek Business (NEWT)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	12.22	12.55	13.12	12.12	1.12 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
09 Fri Aug 2024	12.22	14.00	14.24	12.12	0.387 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Newtek Business in short term and the sell signal is strong.

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 but selling is losing 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 13.03 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 negative.

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