We assign a technical rating of 1 out of 10 to MKDW. MKDW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MKDW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.21. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MKDW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.20
We found 1 important support area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.23 to 0.23. 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 | DOWN | NEGATIVE | The long term trend for MKDW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKDW is up. |
| ChartMill Relative Strength | 9.72 | NEGATIVE | MKDW has a low relative strength, it was outperformed by 90.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MKDW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MKDW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKDW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.4 | NEUTRAL | The RSI value for MKDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MKDW has a positive trend. |
| Stochastics (14,3) | 95.25 | OVERBOUGHT | The high Stochastics value suggests MKDW may be overbought. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for MKDW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.4 | NEGATIVE | The low ADX value for MKDW suggests a weak or negative trend. |
0.205
0 (-0.24%)
MKD TECH INC / MKDW FAQ
Can you provide the ChartMill technical rating for MKD TECH INC?
ChartMill assigns a technical rating of 1 / 10 to MKDW.
What is the current trend direction of MKD TECH INC (MKDW) stock?
The current trend direction for MKD TECH INC (MKDW) is Bearish.
What is the RSI signal for MKD TECH INC (MKDW) stock?
MKD TECH INC (MKDW) has an RSI value of 56.4014. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MKD TECH INC?
The short term momentum for MKD TECH INC (MKDW) is positive.
What is the buy/sell signal for MKDW stock?
The buy/sell signal for MKD TECH INC (MKDW) is hold as the short term and long term trends are mixed.