MKD TECH INC (MKDW) Stock Technical Analysis
USA - NASDAQ:MKDW - VGG6209W1086 - Common Stock
0.22 USD
+0 (+0.05%)
0.215 USD
-0.01 (-2.27%)
Overall MKDW gets a technical rating of 3 out of 10. In the past year, MKDW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MKDW is a bad performer in the overall market: 98% of all stocks are doing better.
MKDW is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 97% are performing better than MKDW.
MKDW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MKDW has a been trading in the 0.19 - 0.23 range, which is quite wide. It is currently trading near the high of this range.
MKDW has an average volume of 1170670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MKDW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.21, a Stop Loss order could be placed below this zone.
More info and screens
0.20
0.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.22 from a trend line 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 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 | 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 | 2.58 | NEGATIVE | MKDW has a low relative strength, it was outperformed by 97.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKDW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKDW is above the rising 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 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 76.53 | NEUTRAL | The Stochastics value for MKDW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for MKDW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for MKDW suggests a weak or negative 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)
0.22
+0 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.05%
1 Week0.09%
2 Weeks7%
1 Month11.17%
3 Month-16.98%
6 Month-39.89%
12 Month-84.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.03%
ATR Inc39.17%
Range Today0.02
ADR(20)0.01
ADR(20)%4.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.58
Mansfield-6.13
10 Day High0.23
10 Day Low0.19
20 Day High0.23
20 Day Low0.19
52 Week High1.54
52 Week Low0.17
CS1 End0.21
CR1 Start0.22
Volume & EV
DER(3)0.13%
DER(5)0.02%
Volume783.50K
Volume Incr-21.3%
Vol(5)509.50K
Vol(50)1.17M