TOP WEALTH GROUP HLDNG LTD-A (TWG) Stock Technical Analysis
NASDAQ:TWG - Nasdaq - KYG8945S1021 - Common Stock - Currency: USD
Taking everything into account, TWG scores 2 out of 10 in our technical rating. In the past year, TWG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TWG is a bad performer in the overall market: 96% of all stocks are doing better.
TWG is one of the lesser performing stocks in the Food Products industry. 83% of 91 stocks in the same industry do better.
TWG 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
TWG has an average volume of 5832430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TWG has a been trading in the 0.12 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TWG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TWG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.14
0.21
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.21 from a trend 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 | DOWN | NEGATIVE | The long term trend for TWG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TWG is neutral. |
| ChartMill Relative Strength | 4.45 | NEGATIVE | TWG has a low relative strength, it was outperformed by 95.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWG is above 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) | 56.21 | 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. |
| Stochastics (14,3) | 57.15 | NEUTRAL | The Stochastics value for TWG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.65 | HIGH VOLATILITY | The high ATR as a percentage value for TWG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for TWG 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)
0.1434
+0 (+3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.31%
1 Week7.9%
2 Weeks6.78%
1 Month2.43%
3 Month7.09%
6 Month-34.64%
12 Month-81.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.65%
ATR Inc23.43%
Range Today0.02
ADR(20)0.01
ADR(20)%8.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.45
Mansfield-8.04
10 Day High0.15
10 Day Low0.12
20 Day High0.18
20 Day Low0.12
52 Week High13.5
52 Week Low0.1
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)6.71%
DER(5)3.32%
Volume2.49M
Volume Incr-89.55%
Vol(5)1.04M
Vol(50)5.83M