CHESSWOOD GROUP LTD (CHW.CA) Stock Technical Analysis
TSX:CHW - Toronto Stock Exchange - CA16550A1075 - Common Stock - Currency: CAD
Overall CHW gets a technical rating of 0 out of 10. CHW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CHW is a bad performer in the overall market: 100% of all stocks are doing better.
CHW is part of the Financial Services industry. There are 29 other stocks in this industry, of which 100% are performing better than CHW.
CHW is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CHW has a been trading in the 0.90 - 3.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: CHW has an average volume of 20090 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of CHW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.89
0.91
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 | DOWN | NEGATIVE | The long term trend for CHW.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHW.CA is down. |
| ChartMill Relative Strength | 0.22 | NEGATIVE | CHW.CA has a low relative strength, it was outperformed by 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHW.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHW.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHW.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.64 | OVERSOLD | The low RSI value suggests CHW.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CHW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.06 | NEUTRAL | The Stochastics value for CHW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 24.17 | HIGH VOLATILITY | The high ATR as a percentage value for CHW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 72.55 | POSITIVE | The high ADX value value for CHW.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CHW (8/15/2024, 7:00:00 PM)
0.9
-0.89 (-49.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-49.72%
1 Week-50%
2 Weeks-46.75%
1 Month-69.07%
3 Month-87.72%
6 Month-89.21%
12 Month-87.67%
2 Year-93.12%
3 Year-92.27%
5 Year-89.83%
10 Year-94.1%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%24.17%
ATR Inc202.08%
Range Today0.85
ADR(20)0.2
ADR(20)%22.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.22
Mansfield-8.77
10 Day High2
10 Day Low0.9
20 Day High3.08
20 Day Low0.9
52 Week High9.2
52 Week Low0.9
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-32.55%
DER(5)-18.13%
Volume96.71K
Volume Incr117.53%
Vol(5)43.45K
Vol(50)20.09K