MEADWESTVACO CORP (MWV) Technical Analysis
NYSE:MWV • US5833341077
Current stock price
MWV Technical Rating and Analysis
Overall MWV gets a technical rating of 2 out of 10. MWV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month MWV has a been trading in the 47.10 - 50.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- MWV has an average volume of 1632640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, MWV outperforms 58% of them, which is more or less in line with the market.
- MWV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MWV is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
MWV Weekly and Daily overview Charts
MWV Setup Rating and Analysis
MWV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 47.18, a Stop Loss order could be placed below this zone.
More info and screens
MWV Support and Resistance Analysis
46.03
When analyzing the support we notice one important area.
- A support zone ranging from 46.49 to 47.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 48.66 to 49.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.24 to 50.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 54.93 to 54.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
MWV Technical Indicator Signal Analysis
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 MWV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MWV is down. |
| ChartMill Relative Strength | 58.36 | NEUTRAL | MWV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MWV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MWV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MWV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.4 | NEUTRAL | The RSI value for MWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MWV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.02 | OVERSOLD | The low Stochastics value suggests MWV may be oversold. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for MWV suggests low volalility. |
MWV Chart- and CandleStick Pattern Analysis
MWV Technicals: Chart, Performance Metrics, Trend & Indicators
48.3
+1.11 (+2.35%)
MEADWESTVACO CORP / MWV TA FAQ
Can you provide the ChartMill technical rating for MEADWESTVACO CORP?
ChartMill assigns a technical rating of 2 / 10 to MWV.
What is the current trend direction of MEADWESTVACO CORP (MWV) stock?
The current trend direction for MEADWESTVACO CORP (MWV) is Bearish.
Can you provide the RSI signal for MEADWESTVACO CORP?
MEADWESTVACO CORP (MWV) has an RSI value of 43.3986. This indicates that the stock is currently neutral.
What is the MACD signal for MWV stock?
The MACD indicator for MEADWESTVACO CORP (MWV) has a value of -0.205505, indicating a bearish trend.
What are the support and resistance levels for MEADWESTVACO CORP (MWV) stock?
MEADWESTVACO CORP (MWV) has a support level at 47.18 and a resistance level at 48.66. Check the full technical report for our detailed analysis of MWV support and resistance levels.