EURO TECH HOLDINGS CO LTD (CLWT) Stock Technical Analysis
NASDAQ:CLWT - VGG320301275 - Common Stock
1.28 USD
-0.08 (-5.88%)
1.2103 USD
-0.07 (-5.45%)
We assign a technical rating of 6 out of 10 to CLWT. In the last year, CLWT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CLWT is a bad performer in the overall market: 71% of all stocks are doing better.
CLWT is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, of which 75% are performing better than CLWT.
Warning: CLWT has an average volume of 13684 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CLWT has a been trading in the 1.15 - 1.44 range, which is quite wide. It is currently trading near the high of this range.
CLWT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLWT is lagging the market.
Volume is considerably higher in the last couple of days.
CLWT has an average technical rating and the quality of the presented setup is also not ideal 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
1.08
1.48
We found 2 important support areas.
- A support zone ranging from 1.19 to 1.20. 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 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.42 from a trend line in the daily time frame.
- A resistance zone ranging from 1.45 to 1.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CLWT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLWT is up. |
| ChartMill Relative Strength | 29.34 | NEGATIVE | CLWT has a low relative strength, it was outperformed by 70.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLWT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLWT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLWT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.43 | NEUTRAL | The RSI value for CLWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLWT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.11 | NEUTRAL | The Stochastics value for CLWT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for CLWT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.33 | POSITIVE | The high ADX value value for CLWT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.45 | 1.19 | 0.26 (17.82%) | 5.61% |
| An entry @1.45. This is a Buy Stop order right above the 10 day high. | An exit @1.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 17.82%. | For a 1.00% total portfolio risk, you can invest 5.61% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.28
-0.08 (-5.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-5.88%
1 Week4.92%
2 Weeks7.56%
1 Month7.56%
3 Month13.78%
6 Month-6.57%
12 Month-15.79%
2 Year-24.26%
3 Year-20%
5 Year14.63%
10 Year72.8%
15 Year-47.98%
Volatility
ATR(14)0.07
ATR(20)%4.78%
ATR Inc186.39%
Range Today0.19
ADR(20)0.06
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.34
Mansfield-1.21
10 Day High1.44
10 Day Low1.2
20 Day High1.44
20 Day Low1.15
52 Week High1.7
52 Week Low1.01
CS1 End1.2
CR1 Start1.42
Volume & EV
DER(3)3.09%
DER(5)-9.87%
Volume26.20K
Volume Incr97.62%
Vol(5)24.90K
Vol(50)13.68K