DOGWOOD THERAPEUTICS INC (DWTX) Stock Technical Analysis
NASDAQ:DWTX - Nasdaq - US92829J2033 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to DWTX. DWTX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, DWTX is a bad performer in the overall market: 100% of all stocks are doing better.
DWTX is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 92% are performing better than DWTX.
In the last month DWTX has a been trading in the 4.71 - 5.85 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
DWTX has an average volume of 1047600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, DWTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.88, a Stop Loss order could be placed below this zone.
More info and screens
3.71
5.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.81 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.83 from a trend line in the weekly time frame.
- Support @3.75 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.54 to 5.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.72 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for DWTX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | DWTX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DWTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DWTX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.83 | NEUTRAL | The RSI value for DWTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DWTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.39 | NEUTRAL | The Stochastics value for DWTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for DWTX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for DWTX suggests a possible start of a new 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)
5.18
+0.36 (+7.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.47%
1 Week6.04%
2 Weeks-2.08%
1 Month6.8%
3 Month-15.36%
6 Month119.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%8.3%
ATR Inc2.09%
Range Today0.64
ADR(20)0.42
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.67
10 Day Low4.71
20 Day High5.85
20 Day Low4.71
52 Week HighN/A
52 Week LowN/A
CS1 End4.88
CR1 Start5.54
Volume & EV
DER(3)-3.38%
DER(5)-3.96%
Volume104.30K
Volume Incr-53.58%
Vol(5)50.82K
Vol(50)1.05M