MEDIWOUND LTD (MDWD) Stock Technical Analysis
NASDAQ:MDWD - Nasdaq - IL0011316309 - Common Stock - Currency: USD
Taking everything into account, MDWD scores 0 out of 10 in our technical rating. MDWD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MDWD is a bad performer in the overall market: 81% of all stocks are doing better.
MDWD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MDWD is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, MDWD did better than 40% of them.
MDWD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDWD is lagging the market.
Although the technical rating is bad, MDWD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.09, a Stop Loss order could be placed below this zone.
More info and screens
15.51
20.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.96 to 18.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.86 from a trend line in the weekly time frame.
- Support @15.67 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.25 to 18.77. 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 19.60 to 19.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.40 to 20.46. 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 | NEUTRAL | NEUTRAL | The long term trend for MDWD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDWD is down. |
| ChartMill Relative Strength | 19.03 | NEGATIVE | MDWD has a low relative strength, it was outperformed by 80.97% 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) | DOWN | NEGATIVE | The current price of MDWD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MDWD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.05 | NEUTRAL | The RSI value for MDWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MDWD has a negative trend. |
| Stochastics (14,3) | 37.32 | NEUTRAL | The Stochastics value for MDWD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MDWD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.6 | 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)
18.1
-0.47 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.53%
1 Week-2.84%
2 Weeks-2.32%
1 Month-11.53%
3 Month-11.62%
6 Month-3.52%
12 Month-6.07%
2 Year118.6%
3 Year32.6%
5 Year-29.54%
10 Year-63.94%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%4.05%
ATR Inc-10.81%
Range Today0.73
ADR(20)0.73
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.03
Mansfield-0.87
10 Day High19.29
10 Day Low17.12
20 Day High21.11
20 Day Low17.12
52 Week High22.51
52 Week Low14.14
CS1 End18.09
CR1 Start18.25
Volume & EV
DER(3)-7.65%
DER(5)-6.01%
Volume117.75K
Volume Incr27.1%
Vol(5)84.71K
Vol(50)60.39K