(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 2024-08-16 View latest technical analysis
10 day averaged volume of Newtek Business is 3141
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 24.93 | 25.00 | 25.00 | 24.93 | 1.654 times |
| 15 Thu Aug 2024 | 25.00 | 24.97 | 25.01 | 24.92 | 2.006 times |
| 14 Wed Aug 2024 | 25.28 | 25.37 | 25.37 | 25.12 | 0.345 times |
| 13 Tue Aug 2024 | 25.18 | 25.10 | 25.18 | 25.10 | 0.7 times |
| 12 Mon Aug 2024 | 25.12 | 25.17 | 25.17 | 25.12 | 0.478 times |
| 08 Thu Aug 2024 | 25.37 | 25.25 | 25.37 | 25.20 | 0.589 times |
| 07 Wed Aug 2024 | 25.07 | 25.08 | 25.44 | 25.07 | 1.068 times |
| 06 Tue Aug 2024 | 25.06 | 25.00 | 25.23 | 25.00 | 0.976 times |
| 05 Mon Aug 2024 | 25.00 | 25.59 | 25.59 | 24.98 | 3.407 times |
| 02 Fri Aug 2024 | 25.37 | 25.27 | 25.37 | 25.27 | 0.241 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 24.9, for a target of 25 or 25.16
Share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Target | 24.71 |
| Upside Target | 25.20 |
| Upside Target | 25.37 |
| Upside Target | 25.50 |
| Upside Target | 25.59 |
| Upside Target | 25.80 |
Intraday share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Intraday Target | 24.78 |
| Downside Intraday Target | 24.62 |
| Upside Intraday Target | 25.23 |
| Upside Intraday Target | 25.52 |
| Upside Intraday Target | 25.07 |
Weekly technical analysis of Newtek Business (NEWTI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 24.93 | 25.17 | 25.37 | 24.92 | 0.858 times |
| 08 Thu Aug 2024 | 25.37 | 25.59 | 25.59 | 24.98 | 9.025 times |
| 02 Fri Aug 2024 | 25.37 | 25.20 | 25.50 | 25.20 | 0.231 times |
| 26 Fri Jul 2024 | 25.21 | 25.05 | 25.50 | 24.99 | 0.467 times |
| 18 Thu Jul 2024 | 25.13 | 24.91 | 25.20 | 24.91 | 0.595 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 Aug 2024 | 24.93 | 25.31 | 25.59 | 24.92 | 0.519 times |
| 31 Wed Jul 2024 | 25.34 | 24.90 | 25.50 | 24.85 | 0.931 times |
| 28 Fri Jun 2024 | 24.87 | 24.75 | 24.98 | 24.75 | 0.313 times |
| 31 Fri May 2024 | 24.75 | 25.07 | 25.80 | 24.71 | 2.58 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 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 ( (NEWTI) ) based on a short to mid 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 ( (NEWTI) ) 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 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 green color and prices are in or below the green 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
Stock of Newtek Business is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.05 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 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 ( (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 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 ( (NEWTI) ) based on a short to mid 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 ( (NEWTI) ) 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 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 green color and prices are in or below the green 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
Stock of Newtek Business is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.05 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.