(NEWTI) Newtek Business complete technical analysis [charts+indicators] | Buy/Sell Newtek Business | (NEWTI) share price targets
Complete technical analysis of Newtek Business (NEWTI) by charts plus indicators, forecast predictions and share price targets for Newtek Business (NEWTI)
Newtek Business trades in USA in N A sector.
Showing technical analysis as on 2024-02-16 View latest technical analysis
10 day averaged volume of Newtek Business is 4790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 24.88 | 24.86 | 24.91 | 24.80 | 0.522 times |
| 15 Thu Feb 2024 | 24.82 | 24.72 | 24.93 | 24.72 | 0.793 times |
| 14 Wed Feb 2024 | 24.75 | 24.79 | 24.94 | 24.73 | 3.132 times |
| 13 Tue Feb 2024 | 25.24 | 25.20 | 25.24 | 25.10 | 0.939 times |
| 12 Mon Feb 2024 | 25.29 | 25.30 | 25.30 | 25.14 | 0.835 times |
| 09 Fri Feb 2024 | 25.12 | 25.18 | 25.22 | 25.11 | 2.046 times |
| 08 Thu Feb 2024 | 25.21 | 25.25 | 25.25 | 25.21 | 1.336 times |
| 07 Wed Feb 2024 | 25.32 | 25.25 | 25.33 | 25.25 | 0.292 times |
| 06 Tue Feb 2024 | 25.29 | 25.21 | 25.29 | 25.21 | 0.146 times |
| 05 Mon Feb 2024 | 25.25 | 25.25 | 25.25 | 25.25 | 0.334 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25, but if it comes above 25, then a intra day buy could be more profitable.
If you take a sell trade below 25, then use 25 as stoploss and 24.8 as target. However if you take a buy trade in stock , then use 25 as stoploss and 25.13 as target.
Share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Target | 24.00 |
| Downside Target | 24.61 |
| Upside Target | 25.15 |
| Upside Target | 25.22 |
| Upside Target | 25.25 |
| Upside Target | 25.30 |
| Upside Target | 25.31 |
| Upside Target | 25.33 |
| Upside Target | 25.35 |
Intraday share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Intraday Target | 24.63 |
| Downside Intraday Target | 24.39 |
| Upside Intraday Target | 25.21 |
| Upside Intraday Target | 25.55 |
| Upside Intraday Target | 24.97 |
Weekly technical analysis of Newtek Business (NEWTI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 24.88 | 25.30 | 25.30 | 24.72 | 1.497 times |
| 09 Fri Feb 2024 | 25.12 | 25.25 | 25.33 | 25.11 | 0.783 times |
| 02 Fri Feb 2024 | 25.20 | 25.10 | 25.25 | 25.06 | 1.494 times |
| 26 Fri Jan 2024 | 25.13 | 25.22 | 25.22 | 25.01 | 0.578 times |
| 19 Fri Jan 2024 | 25.13 | 25.15 | 25.15 | 25.01 | 10.138 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 (NEWTI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 24.88 | 25.10 | 25.33 | 24.72 | 0.355 times |
| 31 Wed Jan 2024 | 25.10 | 25.18 | 25.31 | 24.98 | 1.626 times |
| 29 Fri Dec 2023 | 25.04 | 24.80 | 25.35 | 24.78 | 0.916 times |
| 30 Thu Nov 2023 | 24.75 | 24.86 | 25.15 | 24.61 | 0.939 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 (NEWTI)
Price action analysis of Newtek Business ( (NEWTI) ) 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 ( (NEWTI) ) 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 ( (NEWTI) ) 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 ( (NEWTI) ) 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 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 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 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 25.02 and Newtek Business (NEWTI) 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 (NEWTI) stock. Volume based technical analysis of Newtek Business (NEWTI) 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.
Price action analysis of Newtek Business ( (NEWTI) ) 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 ( (NEWTI) ) 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 ( (NEWTI) ) 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 ( (NEWTI) ) 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 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 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 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 25.02 and Newtek Business (NEWTI) 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 (NEWTI) stock. Volume based technical analysis of Newtek Business (NEWTI) 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.