NASDAQ:NWGL - Nasdaq - US63903R1068 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to NWGL. NWGL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NWGL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NWGL in the last couple of days, which is a good sign.
0.99
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | 6.87 | NEGATIVE | NWGL has a low relative strength, it was outperformed by 93.13% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWGL is above the rising 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) | 48.11 | NEUTRAL | The RSI value for NWGL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NWGL has a positive trend. |
Stochastics (14,3) | 81.09 | OVERBOUGHT | The high Stochastics value suggests NWGL may be overbought. |
Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for NWGL suggests some volalility. |
Average Directional Index/ADX (14) | 37.92 | POSITIVE | The high ADX value value for NWGL suggests a strong trend. |
1.101
+0.03 (+2.9%)