A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) Stock Technical Analysis
Canada - TSX:AW-UN - CA0002551095
Taking everything into account, AW-UN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AW-UN is only an average performer.
Although AW-UN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 36.12 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 34.46 to 35.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.49 to 33.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.01 from a horizontal line in the daily time frame.
- Support @28.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.94 to 36.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AW-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AW-UN.CA is up. |
| ChartMill Relative Strength | 79.05 | POSITIVE | AW-UN.CA has a high relative strength, it outperformed 79.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AW-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AW-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AW-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.04 | OVERBOUGHT | The high RSI value suggests AW-UN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AW-UN.CA has a positive trend. |
| Stochastics (14,3) | 93.11 | OVERBOUGHT | The high Stochastics value suggests AW-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for AW-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.23 | POSITIVE | The high ADX value value for AW-UN.CA suggests a strong trend. |
TSX:AW-UN (10/17/2024, 7:00:00 PM)
36.93
+0.23 (+0.63%)
A&W REVENUE ROYALTIES IN-UTS / AW-UN.CA FAQ
Can you provide the ChartMill technical rating for A&W REVENUE ROYALTIES IN-UTS?
ChartMill assigns a technical rating of 8 / 10 to AW-UN.CA.
What is the current trend direction of A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) stock?
The current trend direction for A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) is Bullish.
Can you provide the RSI signal for A&W REVENUE ROYALTIES IN-UTS?
A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) has an RSI value of 74.0446. This indicates that the stock is currently overbought.
What is the short term momentum for AW-UN stock?
The short term momentum for A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) is positive.
Can you provide the buy/sell signal for A&W REVENUE ROYALTIES IN-UTS?
The buy/sell signal for A&W REVENUE ROYALTIES IN-UTS (AW-UN.CA) is buy as both the short term and long term trends are positive.