PRESTIGE WEALTH INC (PWM) Stock Technical Analysis
NASDAQ:PWM - Nasdaq - KYG7244A1195 - Common Stock - Currency: USD
Overall PWM gets a technical rating of 5 out of 10. In the last year, PWM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, PWM is a bad performer in the overall market: 83% of all stocks are doing better.
PWM is one of the lesser performing stocks in the Capital Markets industry. 76% of 237 stocks in the same industry do better.
PWM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PWM has an average volume of 2939570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PWM has a been trading in the 0.33 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PWM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.37
0.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PWM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWM is up. |
| ChartMill Relative Strength | 17.79 | NEGATIVE | PWM has a low relative strength, it was outperformed by 82.21% 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) | DOWN | NEGATIVE | The current price of PWM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.1 | NEUTRAL | The RSI value for PWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PWM has a positive trend. |
| Stochastics (14,3) | 48.8 | NEUTRAL | The Stochastics value for PWM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for PWM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.32 | 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)
0.483
+0.05 (+11.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg11.06%
1 Week28.8%
2 Weeks26.11%
1 Month9.77%
3 Month16.11%
6 Month-30.9%
12 Month-35.94%
2 Year-92.45%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%9.45%
ATR Inc228.53%
Range Today0.1
ADR(20)0.04
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.79
Mansfield-4.07
10 Day High0.56
10 Day Low0.33
20 Day High0.56
20 Day Low0.33
52 Week High2.7
52 Week Low0.31
CS1 End0.4
CR1 StartN/A
Volume & EV
DER(3)-2.13%
DER(5)-1.87%
Volume591.20K
Volume Incr5006.66%
Vol(5)3.83M
Vol(50)2.94M