GWG HOLDINGS INC (GWGH) Technical Analysis
NASDAQ:GWGH • US36192A1097
Current stock price
GWGH Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 79% of all other stocks performed better in the past year than GWGH.
- GWGH is part of the Financial Services industry. There are 100 other stocks in this industry, of which 63% are performing better than GWGH.
- GWGH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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.
GWGH Weekly and Daily overview Charts
GWGH Setup Rating and Analysis
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
GWGH Support and Resistance Analysis
2.86
When analyzing the resistance we notice 2 important 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.
GWGH 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 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. |
GWGH Chart- and CandleStick Pattern Analysis
GWGH Technicals: Chart, Performance Metrics, Trend & Indicators
2.89
-0.22 (-7.07%)
GWG HOLDINGS INC / GWGH TA FAQ
What is the technical rating for GWGH stock?
ChartMill assigns a technical rating of 0 / 10 to GWGH.
What is the trend direction for GWGH stock?
The current trend direction for GWG HOLDINGS INC (GWGH) is Bearish.
What is the RSI signal for GWGH stock?
GWG HOLDINGS INC (GWGH) has an RSI value of 45.633. This indicates that the stock is currently neutral.
What is the MACD signal for GWG HOLDINGS INC (GWGH) stock?
The MACD indicator for GWG HOLDINGS INC (GWGH) has a value of 0.169091, indicating a bearish trend.
Can you provide the buy/sell signal for GWG HOLDINGS INC?
The buy/sell signal for GWG HOLDINGS INC (GWGH) is sell as both the short term and long term trends are negative.