K WAVE MEDIA LTD (KWM) Stock Technical Analysis
NASDAQ:KWM - Nasdaq - KYG531511098 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to KWM. In the last year, KWM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, KWM is a bad performer in the overall market: 100% of all stocks are doing better.
KWM is part of the Entertainment industry. There are 72 other stocks in this industry, of which 94% are performing better than KWM.
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.
In the last month KWM has a been trading in the 3.31 - 5.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KWM has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.76
4.44
When analyzing the support we notice one important area.
- Support @3.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.30 to 4.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.40 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 KWM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KWM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | KWM 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 KWM is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for KWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests KWM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.56 | OVERSOLD | The low Stochastics value suggests KWM may be oversold. |
| Average True Range in percent/ATR (20) | 11.97 | HIGH VOLATILITY | The high ATR as a percentage value for KWM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for KWM suggests a weak or negative 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)
3.94
+0.03 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.77%
1 Week-10.25%
2 Weeks-15.27%
1 Month6.2%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%11.97%
ATR Inc-46.15%
Range Today0.41
ADR(20)0.45
ADR(20)%11.29%
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 High4.87
10 Day Low3.8
20 Day High5.7
20 Day Low3.31
52 Week HighN/A
52 Week LowN/A
CS1 End3.8
CR1 Start4.3
Volume & EV
DER(3)-3.94%
DER(5)-3.91%
Volume246.30K
Volume Incr-81.84%
Vol(5)202.18K
Vol(50)N/A