GWG HOLDINGS INC (GWGH) Stock Technical Analysis
NASDAQ:GWGH - Nasdaq - US36192A1097 - Common Stock
We assign a technical rating of 0 out of 10 to GWGH. GWGH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GWGH is a bad performer in the overall market: 79% of all stocks are doing better.
GWGH is one of the lesser performing stocks in the Financial Services industry. 68% of 99 stocks in the same industry do better.
GWGH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GWGH is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month GWGH has a been trading in the 1.45 - 5.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GWGH 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
2.86
5.96
We can see 2 important resistance areas.
- Resistance @3.12 from a horizontal line in the daily time frame.
- Resistance @5.90 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 | DOWN | NEGATIVE | The long term trend for GWGH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWGH is down. |
| ChartMill Relative Strength | 21.73 | NEGATIVE | GWGH has a low relative strength, it was outperformed by 78.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GWGH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWGH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWGH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for GWGH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GWGH has a positive trend. |
| Stochastics (14,3) | 80.85 | OVERBOUGHT | The high Stochastics value suggests GWGH may be overbought. |
| Average True Range in percent/ATR (20) | 23.15 | HIGH VOLATILITY | The high ATR as a percentage value for GWGH suggests high volalility. |
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)
2.89
-0.22 (-7.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-7.07%
1 Week44.5%
2 Weeks57.07%
1 Month-45.57%
3 Month1.4%
6 Month-71.53%
12 Month-59.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%23.15%
ATR Inc-25.69%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.73
Mansfield-5.66
10 Day High3.34
10 Day Low1.77
20 Day High5.86
20 Day Low1.45
52 Week High10.9
52 Week Low1.45
CS1 EndN/A
CR1 Start3.12
Volume & EV
DER(3)5.34%
DER(5)1.25%
Volume125.30K
Volume Incr13.3%
Vol(5)107.32K
Vol(50)58.35K