| Newell Brands is a consumer goods company. Co.'s segments are: Appliances and Cookware, which includes household products such as kitchen appliances, gourmet cookware, bakeware and cutlery; Commercial Solutions, which includes commercial cleaning and maintenance solutions products, closet and garage organization products, hygiene systems and material handling solutions, and connected home and security; Home Solutions, which includes food and home storage products, and home fragrance products; Learning and Development, which includes writing instruments, art products, and labeling solutions; and Outdoor and Recreation, which includes products for outdoor and outdoor-related activities. |
When researching a stock like Newell Brands, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from NWL Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for NWL stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of these ways is called the Relative Strength Index, or RSI. This popular indicator, originally developed in the 1970's by J. Welles Wilder, looks at a 14-day moving average of a stock's gains on its up days, versus its losses on its down days. The resulting NWL RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100. A reading below 30 is viewed to be oversold, which a bullish investor could look to as a sign that the selling is in the process of exhausting itself, and look for entry point opportunities. A reading above 70 is viewed to be overbought, which could indicate that a rally in progress is starting to get crowded with buyers. If the rally has been a long one, that could be a sign that a pullback is overdue.