DOGWOOD THERAPEUTICS INC (DWTX) Technical Analysis
NASDAQ:DWTX • US92829J2033
Current stock price
DWTX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DWTX. DWTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than DWTX.
- DWTX is one of the lesser performing stocks in the Biotechnology industry. 85% of 516 stocks in the same industry do better.
- DWTX 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 DWTX has a been trading in the 1.48 - 2.70 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.
DWTX Weekly and Daily overview Charts
DWTX Setup Rating and Analysis
The technical rating of DWTX is bad and it also does not present a quality setup 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
DWTX Support and Resistance Analysis
1.51
When analyzing the resistance we notice 3 important areas.
- Resistance @1.79 from a trend line in the daily time frame.
- Resistance @3.17 from a horizontal line in the daily time frame.
- Resistance @3.28 from a horizontal line in the daily time frame.
DWTX Technical Indicator Signal Analysis
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 DWTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DWTX is down. |
| ChartMill Relative Strength | 2.86 | NEGATIVE | DWTX has a low relative strength, it was outperformed by 97.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DWTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DWTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DWTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.74 | OVERSOLD | The low RSI value suggests DWTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DWTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.41 | OVERSOLD | The low Stochastics value suggests DWTX may be oversold. |
| Average True Range in percent/ATR (20) | 14.92 | HIGH VOLATILITY | The high ATR as a percentage value for DWTX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.97 | POSITIVE | The high ADX value value for DWTX suggests a strong trend. |
DWTX Chart- and CandleStick Pattern Analysis
DWTX Technicals: Chart, Performance Metrics, Trend & Indicators
1.53
+0.01 (+0.33%)
DOGWOOD THERAPEUTICS INC / DWTX TA FAQ
What is the ChartMill technical rating of DOGWOOD THERAPEUTICS INC (DWTX) stock?
ChartMill assigns a technical rating of 0 / 10 to DWTX.
What is the trend direction for DWTX stock?
The current trend direction for DOGWOOD THERAPEUTICS INC (DWTX) is Bearish.
What is the RSI signal for DOGWOOD THERAPEUTICS INC (DWTX) stock?
DOGWOOD THERAPEUTICS INC (DWTX) has an RSI value of 29.7424. This indicates that the stock is currently oversold.
What is the MACD signal for DWTX stock?
The MACD indicator for DOGWOOD THERAPEUTICS INC (DWTX) has a value of -0.0128779, indicating a bearish trend.
Can you provide the short term momentum for DOGWOOD THERAPEUTICS INC?
The short term momentum for DOGWOOD THERAPEUTICS INC (DWTX) is negative.