Taking everything into account, PWM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PWM is showing a nice and steady performance.
Although PWM has an excellent technical rating, it does not offer a high quality setup 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
When analyzing the support we notice one important area.
- Support @0.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important 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 | 97.26 | 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. |
1.17
+0.13 (+12.5%)
PRESTIGE WEALTH INC / PWM FAQ
What is the ChartMill technical rating of PRESTIGE WEALTH INC (PWM) stock?
ChartMill assigns a technical rating of 10 / 10 to PWM.
What is the current trend direction of PRESTIGE WEALTH INC (PWM) stock?
The current trend direction for PRESTIGE WEALTH INC (PWM) is Bullish.
Can you provide the RSI signal for PRESTIGE WEALTH INC?
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 PWM stock?
The MACD indicator for PRESTIGE WEALTH INC (PWM) has a value of 0.0473258, indicating a bearish trend.
Can you provide the support and resistance levels for PRESTIGE WEALTH INC?
PRESTIGE WEALTH INC (PWM) has a support level at 0.51 and a resistance level at 1.23. Check the full technical report for our detailed analysis of PWM support and resistance levels.