Northwest Natural Holding Company | NWN

Daily Technical Analysis of Northwest Natural Holding Company

There wasn't too much excitement in Northwest Natural Holding Company today which only managed to move up 0.35% on the day. It looks like NWN may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line NWN is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. The Utilities company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.

If the price breaks through the resistance level it will probably move up to the $44 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $40.62 level, hard to say where it will go from there though.

Analyst Ratings for Northwest Natural Holding Company By Price Target And Rating

The analysts are pretty neutral on Northwest Natural Holding Company right now, so not much useful information here. The current Analysts Sentiment Score is 0.00. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-05-07 Stifel Nicolaus increased their price target by 2.56% to $40.00. On 2024-01-31 Janney Montgomery Scott initiated their coverage and rated as Neutral and provided a price target of $39.00. Guggenheim dropped their price target by -11.9% to $37.00 on 2023-10-09. Royal Bank of Canada announced a lowering of their price target to $45.00 from $52.00 on 2023-09-06. Wells Fargo & Company dropped their price target by -8% to $46.00 on 2023-08-04.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Northwest Natural Holding Company

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Northwest Natural Holding Company

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.