SHAPEWAYS HOLDINGS INC (SHPW) Technical Analysis
NASDAQ:SHPW • US81947T2015
Current stock price
SHPW Technical Rating and Analysis
Overall SHPW gets a technical rating of 0 out of 10. SHPW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SHPW is a bad performer in the overall market: 100% of all stocks are doing better.
- SHPW is one of the lesser performing stocks in the Commercial Services & Supplies industry. 89% of 80 stocks in the same industry do better.
- SHPW 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.
- In the last month SHPW has a been trading in the 0.20 - 1.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SHPW has an average volume of 2174510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SHPW Weekly and Daily overview Charts
SHPW Setup Rating and Analysis
The technical rating of SHPW is bad and it also does not present a 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
SHPW Support and Resistance Analysis
SHPW 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 | DOWN | NEGATIVE | The long term trend for SHPW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHPW is down. |
| ChartMill Relative Strength | 0.29 | NEGATIVE | SHPW has a low relative strength, it was outperformed by 99.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHPW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHPW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHPW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.57 | NEUTRAL | The RSI value for SHPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHPW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.63 | OVERSOLD | The low Stochastics value suggests SHPW may be oversold. |
| Average True Range in percent/ATR (20) | 48.83 | HIGH VOLATILITY | The high ATR as a percentage value for SHPW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for SHPW suggests a possible start of a new trend. |
SHPW Chart- and CandleStick Pattern Analysis
SHPW Technicals: Chart, Performance Metrics, Trend & Indicators
0.3
-0.05 (-15.49%)
SHAPEWAYS HOLDINGS INC / SHPW TA FAQ
Can you provide the ChartMill technical rating for SHAPEWAYS HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to SHPW.
Can you provide the trend direction for SHAPEWAYS HOLDINGS INC?
The current trend direction for SHAPEWAYS HOLDINGS INC (SHPW) is Bearish.
Can you provide the RSI signal for SHAPEWAYS HOLDINGS INC?
SHAPEWAYS HOLDINGS INC (SHPW) has an RSI value of 30.5687. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SHAPEWAYS HOLDINGS INC?
The MACD indicator for SHAPEWAYS HOLDINGS INC (SHPW) has a value of -0.020721, indicating a bearish trend.