MEDIWOUND LTD (MDWD) Technical Analysis
NASDAQ:MDWD • IL0011316309
Current stock price
MDWD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MDWD. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MDWD is a bad performer in the overall market: 77% of all stocks are doing better.
- MDWD is currently trading in the lower part 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.
- In the last month MDWD has a been trading in the 14.94 - 17.81 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.
- MDWD is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, MDWD did better than 50% of them.
MDWD Weekly and Daily overview Charts
MDWD Setup Rating and Analysis
The technical rating of MDWD 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
MDWD Support and Resistance Analysis
14.90
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 16.69 to 17.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.42 to 18.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @18.99 from a horizontal line in the daily time frame.
- Resistance @19.69 from a horizontal line in the daily time frame.
MDWD Technical Indicator Signal Analysis
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 MDWD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDWD is down. |
| ChartMill Relative Strength | 23.02 | NEGATIVE | MDWD has a low relative strength, it was outperformed by 76.98% 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) | DOWN | NEGATIVE | The current price of MDWD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.93 | OVERSOLD | The low RSI value suggests MDWD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests MDWD has a negative trend. |
| Stochastics (14,3) | 17.95 | OVERSOLD | The low Stochastics value suggests MDWD may be oversold. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MDWD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for MDWD suggests a weak or negative trend. |
MDWD Chart- and CandleStick Pattern Analysis
MDWD Technicals: Chart, Performance Metrics, Trend & Indicators
15.05
-0.66 (-4.2%)
MEDIWOUND LTD / MDWD TA FAQ
What is the technical rating for MDWD stock?
ChartMill assigns a technical rating of 0 / 10 to MDWD.
What is the trend direction for MDWD stock?
The current trend direction for MEDIWOUND LTD (MDWD) is Bearish.
What is the RSI signal for MDWD stock?
MEDIWOUND LTD (MDWD) has an RSI value of 29.9332. This indicates that the stock is currently oversold.
What is the buy/sell signal for MEDIWOUND LTD (MDWD) stock?
The buy/sell signal for MEDIWOUND LTD (MDWD) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for MEDIWOUND LTD?
MEDIWOUND LTD (MDWD) has a resistance level at 16.69. Check the full technical report for our detailed analysis of MDWD support and resistance levels.