K WAVE MEDIA LTD (KWM) Stock Technical Analysis
USA - NASDAQ:KWM - KYG531511098 - Common Stock
We assign a technical rating of 0 out of 10 to KWM. KWM'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 technical rating of KWM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.14
We can see 2 important resistance areas.
- A resistance zone ranging from 1.93 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.21 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 KWM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KWM is down. |
| 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) | DOWN | NEGATIVE | The current price of KWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KWM is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 20.15 | OVERSOLD | The low RSI value suggests KWM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests KWM has a negative trend. |
| Stochastics (14,3) | 5.35 | OVERSOLD | The low Stochastics value suggests KWM may be oversold. |
| Average True Range in percent/ATR (20) | 13.27 | HIGH VOLATILITY | The high ATR as a percentage value for KWM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for KWM suggests a strong trend. |
1.15
-0.22 (-16.06%)
K WAVE MEDIA LTD / KWM FAQ
What is the ChartMill technical rating of K WAVE MEDIA LTD (KWM) stock?
ChartMill assigns a technical rating of 0 / 10 to KWM.
Can you provide the trend direction for K WAVE MEDIA LTD?
The current trend direction for K WAVE MEDIA LTD (KWM) is Bearish.
Can you provide the RSI signal for K WAVE MEDIA LTD?
K WAVE MEDIA LTD (KWM) has an RSI value of 20.1494. This indicates that the stock is currently oversold.
What is the buy/sell signal for K WAVE MEDIA LTD (KWM) stock?
The buy/sell signal for K WAVE MEDIA LTD (KWM) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for K WAVE MEDIA LTD?
K WAVE MEDIA LTD (KWM) has a resistance level at 1.93. Check the full technical report for our detailed analysis of KWM support and resistance levels.