Trading Northwest Natural Holding Co NWN With Integrated Risk Controls

Longer Term Trading Plans for NWN
  • Buy NWN slightly over 46.52 target 50.79 stop loss @ 46.39 Details
  • The technical summary data tells us to buy NWN near 46.52 with an upside target of 50.79. This data also tells us to set a stop loss @ 46.39 to protect against excessive loss in case the stock begins to move against the trade. 46.52 is the first level of support below 49.61 , and by rule, any test of support is a buy signal. In this case, support 46.52 would be being tested, so a buy signal would exist.

  • Short NWN slightly under 50.79, target 46.52, stop loss @ 50.94 Details
  • The technical summary data is suggesting a short of NWN as it gets near 50.79 with a downside target of 46.52. We should have a stop loss in place at 50.94though. 50.79 is the first level of resistance above 49.61, and by rule, any test of resistance is a short signal. In this case, if resistance 50.79 is being tested, so a short signal would exist.

Swing Trading Plans for NWN
  • Buy NWN slightly over 50.14, target 50.79, Stop Loss @ 50 Details
  • If 50.14 begins to break higher, the technical summary data tells us to buy NWN just slightly over 50.14, with an upside target of 50.79. The data also tells us to set a stop loss @ 50 in case the stock turns against the trade. 50.14 is the first level of resistance above 49.61, and by rule, any break above resistance is a buy signal. In this case, 50.14, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NWN slightly near 50.14, target 48.81, Stop Loss @ 50.28. Details
  • The technical summary data is suggesting a short of NWN if it tests 50.14 with a downside target of 48.81. We should have a stop loss in place at 50.28 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.14, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for NWN
  • Buy NWN slightly over 50.14, target 50.79, Stop Loss @ 50.02 Details
  • If 50.14 begins to break higher, the technical summary data tells us to buy NWN just slightly over 50.14, with an upside target of 50.79. The data also tells us to set a stop loss @ 50.02 in case the stock turns against the trade. 50.14 is the first level of resistance above 49.61, and by rule, any break above resistance is a buy signal. In this case, 50.14, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NWN slightly near 50.14, target 48.98, Stop Loss @ 50.26. Details
  • The technical summary data is suggesting a short of NWN if it tests 50.14 with a downside target of 48.98. We should have a stop loss in place at 50.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.14, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

NWN Ratings for November 24:

Term →Near Mid Long
Rating Strong Neutral Neutral
P1 0 0 46.52
P2 48.98 48.81 50.79
P3 49.99 50.14 55.33
Triggers may have already come
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Chart of NWN with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


NWN Long Term Analysis for November 24 2022

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Northwest Natural Holding Co (NYSE: NWN) report below can help you, but we have more details too. The trading plans for NWN, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Graph of Evitar Corte vs S&P 500

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