PRESTIGE WEALTH INC (PWM) Stock Technical Analysis
USA - NASDAQ:PWM - KYG7244A1195 - Common Stock
1.17 USD
+0.13 (+12.5%)
1.09 USD
-0.08 (-6.84%)
Taking everything into account, PWM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PWM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PWM is one of the better performing stocks in the market, outperforming 97% of all stocks.
PWM is one of the better performing stocks in the Capital Markets industry, it outperforms 98% of 237 stocks in the same industry.
In the last month PWM has a been trading in the 0.48 - 1.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PWM has an average volume of 1626500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PWM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PWM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PWM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.50
1.24
When analyzing the support we notice one important area.
- Support @0.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.23 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for PWM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWM is up. |
| ChartMill Relative Strength | 97.06 | POSITIVE | PWM has a high relative strength, it outperformed 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PWM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PWM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PWM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.27 | OVERBOUGHT | The high RSI value suggests PWM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PWM has a positive trend. |
| Stochastics (14,3) | 81.28 | OVERBOUGHT | The high Stochastics value suggests PWM may be overbought. |
| Average True Range in percent/ATR (20) | 9.36 | HIGH VOLATILITY | The high ATR as a percentage value for PWM suggests high volalility. |
| Average Directional Index/ADX (14) | 56.76 | POSITIVE | The high ADX value value for PWM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.17
+0.13 (+12.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg12.5%
1 Week46.25%
2 Weeks113.08%
1 Month122.56%
3 Month183.64%
6 Month252.3%
12 Month62.05%
2 Year-42.93%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.36%
ATR Inc261.28%
Range Today0.42
ADR(20)0.11
ADR(20)%9.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.06
Mansfield4.58
10 Day High1.46
10 Day Low0.55
20 Day High1.46
20 Day Low0.48
52 Week High2.7
52 Week Low0.31
CS1 End0.51
CR1 Start1.23
Volume & EV
DER(3)0.91%
DER(5)-1.93%
Volume52.33M
Volume Incr3160.74%
Vol(5)10.65M
Vol(50)1.63M