NYSEARCA:MWG • KYG6362F1081
Overall MWG gets a technical rating of 0 out of 10. MWG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MWG does present a nice setup opportunity. Prices have been consolidating lately.
0.23
3 important resistance areas can be observed.
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 MWG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MWG is neutral. |
| ChartMill Relative Strength | 19.53 | NEGATIVE | MWG has a low relative strength, it was outperformed by 80.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MWG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MWG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MWG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.34 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 41.29 | NEUTRAL | The Stochastics value for MWG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for MWG suggests high volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for MWG suggests a strong trend. |
0.2293
+0.01 (+5.33%)
ChartMill assigns a technical rating of 0 / 10 to MWG.
The current trend direction for MULTI WAYS HOLDINGS LTD-CL A (MWG) is Bearish.
MULTI WAYS HOLDINGS LTD-CL A (MWG) has an RSI value of 46.3431. This indicates that the stock is currently neutral.
MULTI WAYS HOLDINGS LTD-CL A (MWG) has a resistance level at 0.24. Check the full technical report for our detailed analysis of MWG support and resistance levels.