NUWE Nuwellis, Inc.

XNAS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NUWE — —

What changed

Recent filings, trades and moves
Key stats
About
Industry (SIC)
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS (3845) · industry map
Exchange
XNAS
Market Cap
$0.0B
Employees
38
List Date
2012-02-16
CIK
0001506492
Next Earnings
2026-11-12 (Pre-Market)
EPS Forecast
($122.85)
Headquarters
Eden Prairie, MN
Homepage
https://www.nuwellis.com

Nuwellis Inc is a commercial-stage medical device company focused on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy, including the Aquadex FlexFlow and the Aquadex SmartFlow systems. The Aquadex Smartflow System removes excess fluid from patients suffering from fluid overload who have not responded to medical management, including diuretics. Nuwellis has one reportable segment: fluid overload.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan---3.23%-15.88%-33.19%2.50%108.29%11.70%
Feb---16.30%-8.17%26.01%3.31%-60.78%-11.19%
Mar--1.10%-38.01%-39.77%-21.67%-29.53%-25.58%
Apr-1.80%-19.10%0.82%-59.10%3.34%3.67%-12.03%
May-20.71%-19.40%-44.91%96.99%-16.52%-27.69%-5.37%
Jun-4.76%-6.52%-2.18%-39.23%-73.92%-87.55%-35.69%
Jul-1.46%-7.95%-5.73%-41.89%-1.18%-44.59%-17.13%
Aug-6.26%159.46%-26.02%-48.55%-43.96%-50.78%-2.68%
Sep-45.27%-55.80%-20.11%-8.46%-33.66%-4.91%-28.04%
Oct-4.13%-36.92%-44.07%16.22%-10.90%-15.74%-15.92%
Nov-25.00%-47.41%-10.81%-2.21%-11.86%1.16%*-16.02%
Dec-21.38%-29.47%-4.16%-15.91%-27.50%---19.68%
Total-78.81%-87.67%-93.07%-93.51%-96.10%-98.81%-91.33%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $4.92
SMA 50: $6.06
SMA 200: $203.87
Current: $5.43
EMA 12: $5.09
EMA 26: $5.47
MACD: -0.3735 | Signal: 0.1789
BEARISH
ADX (14): 13.98
RANGE
+DI: 33.61
−DI: 24.31

Momentum Oscillators

RSI (14): 49.08
NEUTRAL
Stoch %K: 57.91
Stoch %D: 52.49
Williams %R: -37.19

Volume & Volatility

BB Upper: $6.44
BB Lower: $3.39
NEUTRAL
OBV: 63,615,774
Vol SMA 20: 2,114,534
Vol ROC: -99.97%
ATR: $0.75
True Range: $0.25
HV 20: 272.9%
HV 30: 228.5%
HV 60: 184.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-13T00:00:00 – 2026-11-10T00:00:00
AI Analysis
Written before NUWE’s Aug 13 earnings report, so it doesn’t reflect the results.

LLM Stock Analysis Report: NUWE

Executive Summary

Overall assessment: BEARISH with a confidence level of 7/10.

Key drivers: High volatility, bearish MACD signal, oversold RSI, and negative news sentiment.

Primary risks: High volatility, potential for further price decline if technical signals continue to deteriorate.

Investment thesis: The stock is trading in a downtrend, with recent news headlines highlighting the company's financial struggles. The high volatility and bearish momentum indicators suggest that the stock may continue to decline in the short term.

Recent news sentiment impact: The positive news headline from Nuwellis Celebrates Five Years of Support of the Pediatric Cardiac Critical Care Consortium (PC⁴) has a neutral impact on the overall analysis, as it does not significantly affect the bearish momentum indicators.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Downtrend; Medium-term (1-3 months): Downtrend; Long-term (3-12 months): Bearish consolidation

Support/Resistance Levels:

  • Lower Bollinger Band: $2.16
  • Middle Bollinger Band: $3.77
  • Upper Bollinger Band: $5.38
  • SMA 20: $3.77
  • SMA 50: $19.03
  • SMA 200: $63.43

Momentum Signals:

  • RSI (14): 16.71 (oversold)
  • MACD: -4.23 / Signal: 1.07 / Histogram: -5.30 (bearish)
  • Bollinger Bands position: neutral

Volume Analysis: Volume trends suggest a potential reversal, but the on-balance volume (OBV) suggests that the stock may continue to decline.

News & Sentiment Analysis

Recent Headlines Summary: The recent news headlines highlight Nuwellis's financial struggles and lack of significant catalysts driving the stock price. The positive sentiment from the PC⁴ announcement is neutralized by the bearish momentum indicators.

Sentiment Assessment: Neutral, with a slight tilt towards negative due to the bearish MACD signal and oversold RSI.

Catalyst Identification: No near-term catalysts identified that could significantly impact the stock price.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to market (beta >1.5).

Volatility Regime: Current volatility level is high, consistent with historical volatility data.

Options Market Signals: IV rank: 76.54; Put/call ratios: 0.92; Unusual activity: N/A

Downside Protection: Support levels at $2.16 and $3.77 may provide some protection against further price declines.

Market Context & Positioning

Sector Performance: Nuwellis is underperforming its sector, with a relative strength index (RSI) of 40.17.

Institutional Activity: Volume patterns suggest institutional interest, but the lack of significant buying pressure supports the bearish thesis.

Correlation Analysis: The stock has a low correlation coefficient with the market (R-squared interpretation), indicating that it may continue to decline independently of market trends.

Key Levels & Action Items

Critical Price Levels: Support at $2.16 and $3.77, resistance at $5.38.

Breakout/Breakdown Levels: Break below $2.16 could trigger further price declines, while a breakout above $5.38 may indicate a reversal.

Time-Sensitive Catalysts: No near-term catalysts identified that could significantly impact the stock price.

Risk Management: Stop-loss levels at $1.90 and $3.50, with position sizing considerations based on risk tolerance.

Note: This analysis is based on the provided data and does not constitute investment advice. It is essential to consider your individual risk tolerance, financial goals, and market conditions before making any investment decisions.

Generated

NUWE Options Activity & IV Rank

Loading options activity...
Spread Scanner

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 4.2724
Alpha: -328.45%
Correlation: 0.2567
R-Squared: 6.6%
Stock Volatility: 228.0%
Market Volatility: 13.7%

Analysis Details

Benchmark: SPY
Data Points: 250
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

NUWE Institutional Ownership (13F)

Filings for 2026-06-30 · 4 already for 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

8 filers81,821 shares$123.45K value
# Filer Shares Value % of Total % of Float Period
1 SABBY MANAGEMENT, LLC 16,372 $49.94K 40.45% — 2026-06-30
2 StoneX Group Inc. 38,008 $43.06K 34.88% — 2026-09-30
3 Geode Capital Management, LLC Custodian 22,760 $16.39K 13.27% — 2026-09-30
4 UBS Group AG Custodian 4,415 $13.47K 10.91% — 2026-06-30
5 Tower Research Capital LLC (TRC) Custodian 138 $421 0.34% — 2026-06-30
6 Morgan Stanley Custodian 35 $107 0.09% — 2026-06-30
7 SBI Securities Co., Ltd. 92 $66 0.05% — 2026-09-30
8 Caitong International Asset Management Co., Ltd 1 $1 <0.01% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

NUWE Insider Trading (Form 4)

Latest: 2026-04-29
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-04-29 Archelle Georgiou Feldshon Director Grant (A) +6,744 opt — EDGAR
2026-04-29 David McDonald Director Grant (A) +6,744 opt — EDGAR
2026-04-29 Martin J Emerson Director Grant (A) +6,744 opt — EDGAR
2026-04-29 Gregory D Waller Director Grant (A) +6,744 opt — EDGAR
2025-07-01 John L Erb CEO and President Grant (A) +115,329 opt — EDGAR
2025-06-11 John L Erb CEO and President Conv (C) +1,100,022 $0.06 $66.0K EDGAR
2025-05-21 Gregory D Waller Director Grant (A) +17,496 opt — EDGAR
2025-05-21 David McDonald Director Grant (A) +17,496 opt — EDGAR
2025-05-21 Michael Kendrick McCormick Director Grant (A) +17,496 opt — EDGAR
2025-05-21 Archelle Georgiou Feldshon Director Grant (A) +17,496 opt — EDGAR
2024-01-04 Michael Kendrick McCormick Director Grant (A) +20,836 opt — EDGAR
2024-01-04 David McDonald Director Grant (A) +11,365 opt — EDGAR
2024-01-04 Archelle Georgiou Feldshon Director Grant (A) +11,365 opt — EDGAR
2023-09-06 Robert Benjamin Scott Chief Financial Officer Grant (A) +18,643 opt — EDGAR
2023-06-05 Michael Kendrick McCormick Director Grant (A) +1,967 opt — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NUWE Insider Holdings

1 insider · @ $5.24
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 John L Erb CEO and President 83 $435 $0 6 2025-07-01
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

NUWE Board & Officers

As of SEC filings through Jul 1, 2026

Directors 4

Officers 2

  • Michael Kendrick McCormick · President and CEO · listed since Jul 2026
  • Carisa Schultz · Chief Financial Officer · since Jan 28, 2026

10% owners 1

Changes in the last 10 years (35)
Jul 1, 2026Michael Kendrick McCormick first listed as President and CEO in an SEC filing
Jun 16, 2026The company announced the departure of John L Erb from the board in an SEC filing
Jun 16, 2026The company announced the departure of John L Erb as CEO and President in an SEC filing
Jun 16, 2026The company announced the departure of John L Erb as CEO and President in an SEC filing
Mar 26, 2026The company announced the departure of Mika Grasso from the board in an SEC filing
Mar 26, 2026The company announced the departure of Katharyn Field from the board in an SEC filing
Feb 24, 2026Martin J Emerson became a director
Jan 28, 2026Carisa Schultz became Chief Financial Officer
Jan 21, 2026The company announced the departure of Michael Kendrick McCormick from the board in an SEC filing
Jan 21, 2026Mika Grasso became a director
Jan 21, 2026Katharyn Field became a director
Jun 11, 2025John L Erb first listed as a 10% owner in an SEC filing
Jun 11, 2025John L Erb first listed as CEO and President in an SEC filing
Nov 1, 2023David McDonald became a director
Nov 1, 2023Archelle Georgiou Feldshon became a director
Oct 31, 2023The company announced the departure of Jon W Salveson from the board in an SEC filing
Sep 2, 2023Robert Benjamin Scott became Chief Financial Officer
Aug 4, 2023The company announced the departure of Lynn Larson Blake as Chief Financial Officer in an SEC filing
Jun 2, 2023The company announced the departure of Warren S Watson from the board in an SEC filing
Jun 1, 2023Michael Kendrick McCormick became a director
Not reported recently (12)
  • David A Rosa · Last reported as a director in an SEC filing dated Jun 6, 2024
  • Maria Rosa Costanzo · Last reported as a director in an SEC filing dated Jun 6, 2024
  • Robert Benjamin Scott · Last reported as Chief Financial Officer in an SEC filing dated Sep 6, 2023
  • Nestor Jaramillo Jr. · Last reported as a director in an SEC filing dated May 19, 2023
  • Neil P Ayotte · Last reported as SVP, Secretary, GC & CCO in an SEC filing dated Mar 7, 2023
  • Paul Wotta · Last reported as Principal Accounting Officer in an SEC filing dated Apr 16, 2021
  • Claudia Drayton · Last reported as Chief Financial Officer in an SEC filing dated Jan 26, 2021
  • Thomas P. Lynch · Last reported as Chief Legal/Compliance Officer in an SEC filing dated Jan 26, 2021
  • Matthew E. Likens · Last reported as a director in an SEC filing dated May 28, 2019
  • Jim Breidenstein · Last reported as Chief Commercial Officer in an SEC filing dated Jan 5, 2018
  • Ki Yong Choi · Last reported as a 10% owner in an SEC filing dated Oct 13, 2017
  • Molly Wade · Last reported as Vice President in an SEC filing dated Jan 17, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
Recent SEC Filings
Latest: 2026-10-23
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-10-23 Shareholder rights change · Bylaws or fiscal year change EDGAR
2026-08-26 Regulation FD disclosure EDGAR
2026-08-13 Earnings results EDGAR
2026-08-03 Material agreement · Unregistered share sale · Other events EDGAR
2026-07-24 Shareholder vote results EDGAR
2026-06-24 Shareholder rights change · Bylaws or fiscal year change EDGAR
2026-06-18 Director or officer change · Regulation FD disclosure EDGAR
2026-06-10 Regulation FD disclosure EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-08-13 0001140361-26-032810 EDGAR
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

NUWE vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
MDT Medtronic plc $131.5B 24.6 +9.8% +4.4% 47
MASI Masimo Corporation $9.4B 128.5 +9.2% +41.2% —
LIVN LivaNova PLC Ordinary Shares $5.1B 30.1 +11.7% +49.2% 45
ITGR Integer Holdings Corporation $4.3B 43.5 −0.3% +64.9% 6
TMDX TransMedics Group, Inc. Common Stock $3.3B 24.0 +25.8% −24.6% 14
AXGN Axogen, Inc. Common Stock $3.0B — +24.3% +66.5% 11
BLFS BioLife Solutions Inc. $1.9B 33.0 +25.4% +61.6% —
CNMD CONMED Corporation $1.5B 21.1 +1.6% +25.3% 31
NUWE Nuwellis, Inc. Common Stock $2M — — −99.0% —
Peer median $3.8B 30.1 +10.8% +45.2% 22

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.