Large Inflow of Money Detected in Newell Rubbermaid

Newell Rubbermaid (NWL) : On Thursday, The money flowed into the Newell Rubbermaid (NWL) stock with an uptick to downtick ratio was recorded at 1.19. Transactions worth $23.69 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $19.98 million. The total money flow into the stock was $3.71 million. The block trades reveal a bullish bias with an up-down ratio of 10.65. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $5.32 million of block transactions on upticks. The value of block trades on downticks was $0.5 million, indicating lower selling interest. The total money flow in block trades was $4.82 million. In terms of price action, Newell Rubbermaid (NWL) traded down $0.25 during the session at $48.72. Compared to the previous days closing, the stock was down only by -0.51%. For the week, the stock is -0.29%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 1.68%. Shares have rallied 15.01% from its 1 Year high price. On Dec 7, 2015, the shares registered one year high at $50.90 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $48.09 and the 200 Day Moving Average price is recorded at $43.33.

Newell Rubbermaid (NYSE:NWL): The stock opened at $49.24 on Thursday but the bulls could not build on the opening and the stock topped out at $49.50 for the day. The stock traded down to $48.64 during the day, due to lack of any buying support eventually closed down at $48.72 with a loss of -0.51% for the day. The stock had closed at $48.97 on the previous day. The total traded volume was 2,921,958 shares.

In an insider trading activity, The director, of Newell Brands Inc, Ashken Ian G H had unloaded 346,781 shares at $48.51 per share in a transaction on June 23, 2016. The total value of transaction was $16,822,346. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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