CL WORKSHOP GROUP LTD (NWGL) Technical Analysis
NASDAQ:NWGL • US63903R1068
Current stock price
NWGL Technical Rating and Analysis
Taking everything into account, NWGL scores 0 out of 10 in our technical rating. NWGL'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than NWGL.
- NWGL is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 87% are performing better than NWGL.
- NWGL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NWGL is lagging the market.
- In the last month NWGL has a been trading in the 0.61 - 1.26 range, which is quite wide. It is currently trading near the lows of this range.
NWGL Weekly and Daily overview Charts
NWGL Setup Rating and Analysis
NWGL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for NWGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NWGL Support and Resistance Analysis
0.84
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.41 from a horizontal line in the daily time frame.
- Resistance @1.70 from a horizontal line in the weekly time frame.
NWGL 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 | DOWN | NEGATIVE | The long term trend for NWGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWGL is down. |
| ChartMill Relative Strength | 8.42 | NEGATIVE | NWGL has a low relative strength, it was outperformed by 91.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for NWGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NWGL has a positive trend. |
| Stochastics (14,3) | 39.4 | NEUTRAL | The Stochastics value for NWGL is a neutral value. |
| Average True Range in percent/ATR (20) | 16.67 | HIGH VOLATILITY | The high ATR as a percentage value for NWGL suggests high volalility. |
| Average Directional Index/ADX (14) | 35.04 | POSITIVE | The high ADX value value for NWGL suggests a strong trend. |
NWGL Chart- and CandleStick Pattern Analysis
NWGL Technicals: Chart, Performance Metrics, Trend & Indicators
0.8478
+0.03 (+3.53%)
CL WORKSHOP GROUP LTD / NWGL TA FAQ
What is the ChartMill technical rating of CL WORKSHOP GROUP LTD (NWGL) stock?
ChartMill assigns a technical rating of 0 / 10 to NWGL.
Can you provide the trend direction for CL WORKSHOP GROUP LTD?
The current trend direction for CL WORKSHOP GROUP LTD (NWGL) is Bearish.
What is the RSI signal for CL WORKSHOP GROUP LTD (NWGL) stock?
CL WORKSHOP GROUP LTD (NWGL) has an RSI value of 39.8247. This indicates that the stock is currently neutral.
What is the short term momentum for NWGL stock?
The short term momentum for CL WORKSHOP GROUP LTD (NWGL) is negative.
What is the buy/sell signal for CL WORKSHOP GROUP LTD (NWGL) stock?
The buy/sell signal for CL WORKSHOP GROUP LTD (NWGL) is sell as both the short term and long term trends are negative.