PRESTIGE WEALTH INC (PWM) Technical Analysis
NASDAQ:PWM • KYG7244A1195
Current stock price
PWM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PWM. 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.
- Looking at the yearly performance, PWM did better than 97% of all other stocks.
- PWM is one of the better performing stocks in the Capital Markets industry, it outperforms 98% of 240 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 trading in the upper part of its 52 week range, so PWM is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PWM Weekly and Daily overview Charts
PWM Setup Rating and Analysis
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
PWM Support and Resistance Analysis
0.50
We found 1 important support 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.
PWM 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 | 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 | 97.26 | POSITIVE | PWM has a high relative strength, it outperformed 97.26% 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. |
PWM Chart- and CandleStick Pattern Analysis
PWM Technicals: Chart, Performance Metrics, Trend & Indicators
1.17
+0.13 (+12.5%)
PRESTIGE WEALTH INC / PWM TA FAQ
What is the ChartMill technical rating of PRESTIGE WEALTH INC (PWM) stock?
ChartMill assigns a technical rating of 10 / 10 to PWM.
Can you provide the trend direction for PRESTIGE WEALTH INC?
The current trend direction for PRESTIGE WEALTH INC (PWM) is Bullish.
What is the RSI signal for PWM stock?
PRESTIGE WEALTH INC (PWM) has an RSI value of 86.271. This indicates that the stock is currently overbought.
What is the MACD signal for PRESTIGE WEALTH INC (PWM) stock?
The MACD indicator for PRESTIGE WEALTH INC (PWM) has a value of 0.0473258, indicating a bearish trend.
What is the short term momentum for PRESTIGE WEALTH INC (PWM) stock?
The short term momentum for PRESTIGE WEALTH INC (PWM) is positive.