James Taulman
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NWL: Shares Remain in Healthy Uptrend

Moves further above the 50-day moving average with gains and a decent increase in volume.

This does help to start to negate some of the technical weakness brought on by the negative reversal on 9/9.

Shares also continue trading above support of a short-term upward trendline. (green line on the chart below)

A close below the 50 DMA and that trendline would be a concern.

A close significantly below the 200 DMA ($39.81), would be a clear sell signal.

Chart courtesy of StockCharts.com

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