TOP WEALTH GROUP HLDNG LTD-A (TWG) Technical Analysis
NASDAQ:TWG • KYG8945S1104
Current stock price
TWG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TWG. TWG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TWG is a bad performer in the overall market: 92% of all stocks are doing better.
- TWG is part of the Food Products industry. There are 87 other stocks in this industry, of which 80% are performing better than TWG.
- TWG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TWG is lagging the market.
- In the last month TWG has a been trading in the 3.63 - 4.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- TWG has an average volume of 1098670 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.
TWG Weekly and Daily overview Charts
TWG Setup Rating and Analysis
Although the technical rating is bad, TWG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TWG Support and Resistance Analysis
3.67
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.72 to 3.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.16 to 4.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
TWG 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 TWG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TWG is down. |
| ChartMill Relative Strength | 8.13 | NEGATIVE | TWG has a low relative strength, it was outperformed by 91.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TWG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.57 | NEUTRAL | The RSI value for TWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TWG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.06 | NEUTRAL | The Stochastics value for TWG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for TWG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.16 | POSITIVE | The high ADX value value for TWG suggests a strong trend. |
TWG Chart- and CandleStick Pattern Analysis
TWG Technicals: Chart, Performance Metrics, Trend & Indicators
3.71
-0.01 (-0.27%)
TOP WEALTH GROUP HLDNG LTD-A / TWG TA FAQ
What is the technical rating for TWG stock?
ChartMill assigns a technical rating of 1 / 10 to TWG.
Can you provide the trend direction for TOP WEALTH GROUP HLDNG LTD-A?
The current trend direction for TOP WEALTH GROUP HLDNG LTD-A (TWG) is Bearish.
Can you provide the RSI signal for TOP WEALTH GROUP HLDNG LTD-A?
TOP WEALTH GROUP HLDNG LTD-A (TWG) has an RSI value of 44.567. This indicates that the stock is currently neutral.
What is the short term momentum for TWG stock?
The short term momentum for TOP WEALTH GROUP HLDNG LTD-A (TWG) is negative.
What are the support and resistance levels for TOP WEALTH GROUP HLDNG LTD-A (TWG) stock?
TOP WEALTH GROUP HLDNG LTD-A (TWG) has a resistance level at 3.72. Check the full technical report for our detailed analysis of TWG support and resistance levels.