KWESST MICRO SYSTEMS INC (KWE) Stock Technical Analysis
NASDAQ:KWE - Nasdaq - CA5015067039 - Common Stock - Currency: USD
Overall KWE gets a technical rating of 0 out of 10. KWE'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.
99% of all other stocks performed better in the past year than KWE.
KWE is one of the lesser performing stocks in the Aerospace & Defense industry. 95% of 64 stocks in the same industry do better.
KWE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so KWE is lagging the market.
In the last month KWE has a been trading in the 4.05 - 7.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
KWE has a bad technical rating, but it does show 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.
More info and screens
4.94
5.90
When analyzing the support we notice one important area.
- Support @4.99 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.13 from a trend line in the daily time frame.
- A resistance zone ranging from 5.49 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.80 to 5.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 KWE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KWE is down. |
| ChartMill Relative Strength | 1.31 | NEGATIVE | KWE has a low relative strength, it was outperformed by 98.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KWE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KWE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KWE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.78 | NEUTRAL | The RSI value for KWE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KWE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.86 | NEUTRAL | The Stochastics value for KWE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.45 | HIGH VOLATILITY | The high ATR as a percentage value for KWE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.48 | NEUTRAL | The ADX value for KWE 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)
5.13
-0.15 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2.84%
1 Week0.2%
2 Weeks-11.55%
1 Month-0.19%
3 Month-57.32%
6 Month-71.12%
12 Month-92.82%
2 Year-99.17%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%13.45%
ATR Inc-68.31%
Range Today0.22
ADR(20)0.68
ADR(20)%13.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.31
Mansfield-8.36
10 Day High6.28
10 Day Low4.96
20 Day High7.1
20 Day Low4.05
52 Week High243.6
52 Week Low3.86
CS1 End4.99
CR1 Start5.13
Volume & EV
DER(3)-4.37%
DER(5)-4.65%
Volume24.23K
Volume Incr-81.73%
Vol(5)133.57K
Vol(50)430.13K