Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-12 View latest technical analysis

10 day averaged volume of Newtek Business is 3730

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	24.88	24.92	24.92	24.88	2.011 times
11 Thu Jul 2024	24.91	24.92	24.92	24.91	1.126 times
10 Wed Jul 2024	24.90	24.88	24.92	24.88	0.804 times
09 Tue Jul 2024	24.91	24.90	24.91	24.90	0.885 times
08 Mon Jul 2024	24.90	24.89	24.92	24.89	3.968 times
05 Fri Jul 2024	24.87	24.92	24.92	24.85	0.938 times
03 Wed Jul 2024	24.87	24.89	24.92	24.87	0.241 times
03 Wed Jul 2024	24.87	24.89	24.92	24.87	0.241 times
01 Mon Jul 2024	24.89	24.90	24.91	24.89	0.831 times
28 Fri Jun 2024	24.87	24.89	24.89	24.87	0.295 times

Stock of Newtek Business (NEWTI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.9, but if it comes above 24.9, then a intra day buy could be more profitable.
If you take a sell trade below 24.9, then use 24.9 as stoploss and 24.8 as target. However if you take a buy trade in stock , then use 24.9 as stoploss and 24.89 as target.

Share price targets for Newtek Business (NEWTI)

Target Type	Value
Downside Target	24.71
Upside Target	24.92
Upside Target	24.93
Upside Target	24.95
Upside Target	24.98
Upside Target	25.20
Upside Target	25.23
Upside Target	25.80

Intraday share price targets for Newtek Business (NEWTI)

Target Type	Value
Downside Intraday Target	24.87
Downside Intraday Target	24.85
Upside Intraday Target	24.91
Upside Intraday Target	24.93
Upside Intraday Target	24.89

Weekly technical analysis of Newtek Business (NEWTI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	24.88	24.89	24.92	24.88	7.455 times
05 Fri Jul 2024	24.87	24.89	24.92	24.85	1.1 times
03 Wed Jul 2024	24.87	24.90	24.92	24.87	0.404 times
28 Fri Jun 2024	24.87	24.89	24.98	24.85	0.805 times
21 Fri Jun 2024	24.93	24.85	24.95	24.83	2.365 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newtek Business (NEWTI)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	24.88	24.90	24.92	24.85	0.544 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
30 Tue Apr 2024	25.01	25.04	25.20	24.90	1.946 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 (NEWTI)

Price action analysis of Newtek Business ( (NEWTI) ) 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 ( (NEWTI) ) 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 ( (NEWTI) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newtek Business ( (NEWTI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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 24.89 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.