MKD TECH INC (MKDW) Stock Technical Analysis
USA - NASDAQ:MKDW - VGG6209W1086 - Common Stock
We assign a technical rating of 0 out of 10 to MKDW. MKDW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MKDW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.17
We can see 2 important resistance areas.
- A resistance 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 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.
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 | DOWN | NEGATIVE | The short term trend for MKDW is down. |
| ChartMill Relative Strength | 3.54 | NEGATIVE | MKDW has a low relative strength, it was outperformed by 96.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKDW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKDW is below 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) | 36.07 | NEUTRAL | The RSI value for MKDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MKDW has a negative trend. |
| Stochastics (14,3) | 29.67 | NEUTRAL | The Stochastics value for MKDW is a neutral value. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for MKDW suggests high volalility. |
| Average Directional Index/ADX (14) | 13.66 | NEGATIVE | The low ADX value for MKDW suggests a weak or negative trend. |
0.1749
-0.01 (-4.43%)
MKD TECH INC / MKDW FAQ
Can you provide the ChartMill technical rating for MKD TECH INC?
ChartMill assigns a technical rating of 0 / 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 36.0698. 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 negative.
What is the buy/sell signal for MKDW stock?
The buy/sell signal for MKD TECH INC (MKDW) is sell as both the short term and long term trends are negative.