Technical Analysis for NEWT - Newtek Business Services Inc.

Grade Last Price % Change Price Change
F 10.17 -6.87% -0.75
NEWT closed down 6.87 percent on Monday, March 18, 2024, on 3.19 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -6.87%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 14 hours ago
1.5x Volume Pace about 14 hours ago
3x Volume Pace about 14 hours ago
5x Volume Pace about 14 hours ago
Down 5% about 14 hours ago

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Profile

Newtek Business Services Inc. Description

Newtek Business Services, Inc., doing business as The Small Business Authority, provides financial and business services to the small- and medium-sized business market in the United States. It offers electronic payment processing services, which include marketing of credit and debit card processing services, check approval services, and ancillary processing equipment and software to merchants who accept credit cards, debit cards, checks, and other non-cash forms of payment. The company also provides ecommerce services, such as payment processing, online shopping cart tools, Website design, Web hosting, and Web related services; and managed technology solutions comprising shared and dedicated Web hosting, data storage and backup services, cloud computing plans, and related services. In addition, it originates small business administration loans, and offers accounts receivable financing and other lending products to small businesses for the purpose of acquiring commercial real estate, machinery, equipment, and inventory; and to refinance debt and fund franchises, and working capital and business acquisitions, as well as provides off-site data backup, storage, and retrieval services. Further, the company offers Newtek Advantage, a mobile real-time operating platform that enables a business to access data on a smartphone, tablet, laptop, or PC for ecommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans applications; personal, commercial, and health/benefits lines insurance products; accounts receivable financing, billing, and accounts receivable maintenance services; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, E-Insure, Credit Union National Association, Pershing, and others to provide agent services to small business clients. Newtek Business Services, Inc. was founded in 1998 and is headquartered in New York, New York.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Cloud Computing Payment Systems E-Commerce Business Loans Technology Solutions E Commerce Machinery Online Shopping Payment Processing Credit Card Debit Card Lending Products Asset Laptop Ecommerce Card Processing Factoring Backup Software Web Hosting Payment Processing Service E Commerce Payment System Accounts Receivable Accounting Debit Card Processing Card Processing Services Electronic Payment Processing Ecommerce Services Pershing Agent Services American International Group Backup Services Debits And Credits Electronic Payment Processing Services Financial And Business Services Other Lending

Is NEWT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.8754
52 Week Low 10.11
Average Volume 132,057
200-Day Moving Average 14.34
50-Day Moving Average 11.86
20-Day Moving Average 11.24
10-Day Moving Average 11.21
Average True Range 0.45
RSI (14) 31.51
ADX 17.43
+DI 20.88
-DI 31.75
Chandelier Exit (Long, 3 ATRs) 10.89
Chandelier Exit (Short, 3 ATRs) 11.45
Upper Bollinger Bands 11.94
Lower Bollinger Band 10.55
Percent B (%b) -0.27
BandWidth 12.37
MACD Line -0.28
MACD Signal Line -0.22
MACD Histogram -0.0537
Fundamentals Value
Market Cap 250.67 Million
Num Shares 24.6 Million
EPS 1.01
Price-to-Earnings (P/E) Ratio 10.07
Price-to-Sales 1.47
Price-to-Book 1.33
PEG Ratio 3.28
Dividend 1.24
Dividend Yield 12.19%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.12
Resistance 3 (R3) 11.20 10.97 10.96
Resistance 2 (R2) 10.97 10.73 10.93 10.90
Resistance 1 (R1) 10.57 10.58 10.46 10.49 10.85
Pivot Point 10.34 10.34 10.28 10.30 10.34
Support 1 (S1) 9.94 10.10 9.83 9.86 9.49
Support 2 (S2) 9.71 9.95 9.67 9.44
Support 3 (S3) 9.31 9.71 9.38
Support 4 (S4) 9.23