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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 2024-10-18 View latest technical analysis

10 day averaged volume of Newtek Business is 138640

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	13.73	13.81	13.85	13.61	0.94 times
17 Thu Oct 2024	13.74	13.67	13.74	13.55	0.705 times
16 Wed Oct 2024	13.66	13.22	13.71	13.22	1.035 times
15 Tue Oct 2024	13.19	12.93	13.34	12.93	1.156 times
14 Mon Oct 2024	12.97	12.89	13.00	12.83	0.97 times
11 Fri Oct 2024	12.96	12.42	12.96	12.42	0.971 times
10 Thu Oct 2024	12.44	12.56	12.61	12.34	0.716 times
09 Wed Oct 2024	12.65	12.81	12.92	12.57	1.546 times
08 Tue Oct 2024	12.80	12.65	12.93	12.65	0.856 times
07 Mon Oct 2024	12.69	12.64	12.93	12.60	0.927 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.9, for a target of 13.2 or 12.63

Share price targets for Newtek Business (NEWT)

Target Type	Value
Downside Target	10.85
Downside Target	11.65
Downside Target	12.27
Downside Target	12.76
Downside Target	12.83
Downside Target	12.96
Upside Target	13.84
Upside Target	13.85
Upside Target	14.24
Upside Target	15.22

Intraday share price targets for Newtek Business (NEWT)

Target Type	Value
Downside Intraday Target	13.09
Downside Intraday Target	12.45
Upside Intraday Target	14.11
Upside Intraday Target	14.49
Downside Intraday Target	13.47

Weekly technical analysis of Newtek Business (NEWT)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	13.73	12.89	13.85	12.83	0.958 times
11 Fri Oct 2024	12.96	12.64	12.96	12.34	1.074 times
04 Fri Oct 2024	12.70	12.19	12.76	11.98	0.621 times
27 Fri Sep 2024	12.20	11.70	12.27	11.65	1.042 times
20 Fri Sep 2024	11.66	11.24	11.94	11.01	1.199 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 (NEWT)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	13.73	12.40	13.85	11.98	0.496 times
30 Mon Sep 2024	12.46	12.34	12.47	10.85	1.099 times
30 Fri Aug 2024	12.53	14.00	14.24	11.84	0.945 times
31 Wed Jul 2024	13.99	12.56	15.22	12.36	0.754 times

Scroll below to view daily charts

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 (NEWT)

Price action analysis of Newtek Business ( (NEWT) ) based on a short 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 ( (NEWT) ) 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 ( (NEWT) ) 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 Strong and stock is losing 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 13.07 and Newtek Business (NEWT) 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 (NEWT) stock. Volume based technical analysis of Newtek Business (NEWT) stock is negative.

Newtek Business Stock is giving positive 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.