Taking everything into account, DWTX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DWTX is showing a nice and steady performance.
DWTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for DWTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.81 to 5.87. 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 5.37 to 5.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.76 from a horizontal line in the daily time frame.
- Support @4.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.42 from a horizontal line in the weekly time frame.
- Resistance @6.66 from a horizontal line in the daily time frame.
- Resistance @7.01 from a trend line 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 | UP | POSITIVE | The long term trend for DWTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DWTX is up. |
| ChartMill Relative Strength | 97.06 | POSITIVE | DWTX has a high relative strength, it outperformed 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DWTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DWTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DWTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.66 | NEUTRAL | The RSI value for DWTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DWTX has a positive trend. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for DWTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for DWTX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.93 | NEGATIVE | The low ADX value for DWTX suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 6.43 | 5.80 | 0.63 (9.80%) | 10.21% |
| An entry @6.43. This is a Buy Stop order right above the resistance zone. | An exit @5.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 9.80%. | When investing 10.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DWTX. Please evaluate whether better entry and exit points can be found.
- 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.
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+0.39 (+6.55%)
DOGWOOD THERAPEUTICS INC / DWTX FAQ
What is the ChartMill technical rating of DOGWOOD THERAPEUTICS INC (DWTX) stock?
ChartMill assigns a technical rating of 10 / 10 to DWTX.
Can you provide the trend direction for DOGWOOD THERAPEUTICS INC?
The current trend direction for DOGWOOD THERAPEUTICS INC (DWTX) is Bullish.
What is the RSI signal for DWTX stock?
DOGWOOD THERAPEUTICS INC (DWTX) has an RSI value of 57.6574. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DOGWOOD THERAPEUTICS INC?
The short term momentum for DOGWOOD THERAPEUTICS INC (DWTX) is positive.
What is the buy/sell signal for DWTX stock?
The buy/sell signal for DOGWOOD THERAPEUTICS INC (DWTX) is buy as both the short term and long term trends are positive.