(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 2024-06-05 View latest technical analysis
10 day averaged volume of Newtek Business is 15353
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.93 | 24.97 | 24.97 | 24.90 | 0.795 times |
| 04 Tue Jun 2024 | 24.94 | 24.93 | 24.97 | 24.86 | 0.3 times |
| 03 Mon Jun 2024 | 24.97 | 24.75 | 24.98 | 24.75 | 0.508 times |
| 31 Fri May 2024 | 24.75 | 24.85 | 24.90 | 24.73 | 0.606 times |
| 30 Thu May 2024 | 24.90 | 24.90 | 24.99 | 24.85 | 0.156 times |
| 29 Wed May 2024 | 24.90 | 24.90 | 24.90 | 24.80 | 2.586 times |
| 28 Tue May 2024 | 24.90 | 25.00 | 25.00 | 24.90 | 0.638 times |
| 23 Thu May 2024 | 24.96 | 24.94 | 25.80 | 24.85 | 3.726 times |
| 22 Wed May 2024 | 24.94 | 24.95 | 24.95 | 24.88 | 0.964 times |
| 21 Tue May 2024 | 25.04 | 25.00 | 25.05 | 24.96 | 0.287 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.9 as stoploss in an intra day buy trade for a target of 24.98. However, stock will show a bearish move below 24.9.
Share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Target | 24.71 |
| Upside Target | 24.98 |
| Upside Target | 25.00 |
| Upside Target | 25.20 |
| Upside Target | 25.23 |
| Upside Target | 25.25 |
| Upside Target | 25.33 |
| Upside Target | 25.80 |
Intraday share price targets for Newtek Business (NEWTI)
| Target Type | Value |
| Downside Intraday Target | 24.79 |
| Downside Intraday Target | 24.66 |
| Upside Intraday Target | 25.02 |
| Upside Intraday Target | 25.12 |
| Downside Intraday Target | 24.89 |
Weekly technical analysis of Newtek Business (NEWTI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.93 | 24.75 | 24.98 | 24.75 | 0.402 times |
| 31 Fri May 2024 | 24.75 | 25.00 | 25.00 | 24.73 | 0.766 times |
| 23 Thu May 2024 | 24.96 | 24.95 | 25.80 | 24.85 | 2.483 times |
| 17 Fri May 2024 | 24.94 | 25.15 | 25.25 | 24.71 | 0.592 times |
| 10 Fri May 2024 | 25.15 | 25.06 | 25.25 | 24.98 | 2.276 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 (NEWTI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.93 | 24.75 | 24.98 | 24.75 | 0.101 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 |
| 28 Thu Mar 2024 | 25.15 | 25.03 | 25.23 | 24.93 | 0.665 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 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 short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong 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 weakening, and bulls 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 buy signal for Newtek Business in short term but BUY signal is weak.
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
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 24.93 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 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 short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong 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 weakening, and bulls 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 buy signal for Newtek Business in short term but BUY signal is weak.
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
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 24.93 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.