We assign a technical rating of 2 out of 10 to TWAV. TWAV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, TWAV is a bad performer in the overall market: 100% of all stocks are doing better.
- TWAV is one of the lesser performing stocks in the Software industry. 90% of 278 stocks in the same industry do better.
- In the last month TWAV has a been trading in the 1.69 - 2.30 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TWAV has a poor technical rating and the quality of the setup is also not perfect 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
1.68
When analyzing the support we notice one important area.
- A support zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.26 from a horizontal line in the daily 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 TWAV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TWAV is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TWAV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWAV is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 30.53 | NEUTRAL | The RSI value for TWAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TWAV has a negative trend. |
| Stochastics (14,3) | 7.76 | OVERSOLD | The low Stochastics value suggests TWAV may be oversold. |
| Average True Range in percent/ATR (20) | 11.27 | HIGH VOLATILITY | The high ATR as a percentage value for TWAV suggests high volalility. |
| Average Directional Index/ADX (14) | 35.94 | POSITIVE | The high ADX value value for TWAV suggests a strong trend. |
NASDAQ:TWAV (1/29/2026, 10:38:04 AM)
1.73
+0.02 (+1.17%)
TAOWEAVE INC / TWAV FAQ
What is the technical rating for TWAV stock?
ChartMill assigns a technical rating of 2 / 10 to TWAV.
What is the trend direction for TWAV stock?
The current trend direction for TAOWEAVE INC (TWAV) is Bullish.
What is the RSI signal for TWAV stock?
TAOWEAVE INC (TWAV) has an RSI value of 30.5314. This indicates that the stock is currently neutral.
What is the MACD signal for TWAV stock?
The MACD indicator for TAOWEAVE INC (TWAV) has a value of -0.103663, indicating a bearish trend.
What is the support and resistance level for TWAV stock?
TAOWEAVE INC (TWAV) has a resistance level at 2.26. Check the full technical report for our detailed analysis of TWAV support and resistance levels.