MULTI WAYS HOLDINGS LTD (MWG) Stock Technical Analysis
USA - NYSEARCA:MWG - KYG6362F1081 - Common Stock
Taking everything into account, MWG scores 6 out of 10 in our technical rating. MWG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
MWG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.30. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MWG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.22
4 important support areas can be observed.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.27 from a horizontal line in the daily time frame.
- Support @0.22 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.31 from a trend line in the weekly time frame.
- Resistance @0.33 from a horizontal line in the weekly time frame.
- Resistance @0.35 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MWG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MWG is neutral. |
| ChartMill Relative Strength | 70.07 | POSITIVE | MWG has a high relative strength, it outperformed 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MWG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MWG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MWG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.82 | NEUTRAL | The RSI value for MWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MWG has a positive trend. |
| Stochastics (14,3) | 60.85 | NEUTRAL | The Stochastics value for MWG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for MWG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for MWG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.31 | 0.28 | 0.03 (9.68%) | 10.33% |
| An entry @0.31. This is a Buy Stop order right above the resistance zone. | An exit @0.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 9.68%. | When investing 10.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:MWG (10/31/2025, 8:04:02 PM)
0.29
+0 (+1.65%)
MULTI WAYS HOLDINGS LTD / MWG FAQ
What is the ChartMill technical rating of MULTI WAYS HOLDINGS LTD (MWG) stock?
ChartMill assigns a technical rating of 6 / 10 to MWG.
What is the current trend direction of MULTI WAYS HOLDINGS LTD (MWG) stock?
The current trend direction for MULTI WAYS HOLDINGS LTD (MWG) is Bearish.
What is the RSI signal for MULTI WAYS HOLDINGS LTD (MWG) stock?
MULTI WAYS HOLDINGS LTD (MWG) has an RSI value of 51.824. This indicates that the stock is currently neutral.
What is the support and resistance level for MWG stock?
MULTI WAYS HOLDINGS LTD (MWG) has a support level at 0.29 and a resistance level at 0.3. Check the full technical report for our detailed analysis of MWG support and resistance levels.