MEDIWOUND LTD (MDWD) Stock Technical Analysis
NASDAQ:MDWD - Nasdaq - IL0011316309 - Common Stock - Currency: USD
Taking everything into account, MDWD scores 6 out of 10 in our technical rating. In the last year, MDWD was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month MDWD has a been trading in the 19.08 - 22.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, MDWD did better than 89% of all other stocks.
MDWD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 88% of 195 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
MDWD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MDWD is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
MDWD has an average technical rating and it also does not offer a high 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
15.23
19.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.08 to 19.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.07 from a trend line in the weekly time frame.
- Support @15.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.10 to 19.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for MDWD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDWD is down. |
| ChartMill Relative Strength | 89.93 | POSITIVE | MDWD has a high relative strength, it outperformed 89.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MDWD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.96 | NEUTRAL | The RSI value for MDWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests MDWD has a negative trend. |
| Stochastics (14,3) | 0.52 | OVERSOLD | The low Stochastics value suggests MDWD may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for MDWD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.97 | POSITIVE | The high ADX value value for MDWD 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)
19.09
-0.34 (-1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.75%
1 Week-6.19%
2 Weeks-11.91%
1 Month-4.02%
3 Month17.33%
6 Month15.77%
12 Month41.83%
2 Year79.08%
3 Year48.21%
5 Year-8.18%
10 Year-61.43%
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%3.8%
ATR Inc-5.5%
Range Today0.74
ADR(20)0.72
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.93
Mansfield0.25
10 Day High22
10 Day Low19.08
20 Day High22.51
20 Day Low19.08
52 Week High24
52 Week Low13.49
CS1 End19.08
CR1 Start19.1
Volume & EV
DER(3)-1.76%
DER(5)-0.26%
Volume55.70K
Volume Incr-46.08%
Vol(5)38.74K
Vol(50)66.23K