KWESST MICRO SYSTEMS INC (KWE) Stock Technical Analysis
NASDAQ:KWE - Nasdaq - CA5015067039 - Common Stock - Currency: USD
Taking everything into account, KWE scores 5 out of 10 in our technical rating. In the past year, KWE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, KWE is a bad performer in the overall market: 82% of all stocks are doing better.
KWE is part of the Aerospace & Defense industry. There are 66 other stocks in this industry, of which 87% are performing better than KWE.
KWE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
KWE has an average volume of 1500750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month KWE has a been trading in the 4.89 - 15.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KWE has an average technical rating and it also does not offer a high 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
5.65
12.38
2 important support areas can be observed.
- Support @6.17 from a trend line in the daily time frame.
- Support @5.71 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.99 from a trend line in the daily time frame.
- Resistance @11.99 from a trend line in the daily time frame.
- A resistance zone ranging from 12.26 to 12.26. 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 | UP | POSITIVE | The short term trend for KWE is up. |
| ChartMill Relative Strength | 18.3 | NEGATIVE | KWE has a low relative strength, it was outperformed by 81.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KWE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KWE is above the rising 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) | 62.88 | NEUTRAL | The RSI value for KWE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests KWE has a positive trend. |
| Stochastics (14,3) | 42.56 | NEUTRAL | The Stochastics value for KWE is a neutral value. |
| Average True Range in percent/ATR (20) | 16.76 | HIGH VOLATILITY | The high ATR as a percentage value for KWE suggests high volalility. |
| Average Directional Index/ADX (14) | 47.6 | POSITIVE | The high ADX value value for KWE suggests a strong 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)
10.85
-0.15 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.36%
1 Week-11.43%
2 Weeks69.27%
1 Month114.43%
3 Month78.78%
6 Month-25.17%
12 Month-88.84%
2 Year-98.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.42
ATR(20)%16.76%
ATR Inc144.04%
Range Today1.97
ADR(20)1.55
ADR(20)%14.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.3
Mansfield-5.38
10 Day High15.37
10 Day Low5.7
20 Day High15.37
20 Day Low4.89
52 Week High116.99
52 Week Low3.86
CS1 End6.17
CR1 Start10.99
Volume & EV
DER(3)3.26%
DER(5)-0.86%
Volume394.10K
Volume Incr50.1%
Vol(5)3.25M
Vol(50)1.50M