TOP WEALTH GROUP HLDNG LTD-A (TWG) Technical Analysis
NASDAQ:TWG • KYG8945S1104
Current stock price
TWG Technical Rating and Analysis
Taking everything into account, TWG scores 0 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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 75% are performing better than TWG.
- 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.
- In the last month TWG has a been trading in the 3.45 - 4.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TWG Weekly and Daily overview Charts
TWG Setup Rating and Analysis
TWG 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
TWG Support and Resistance Analysis
3.40
We found 2 important support areas.
- A support zone ranging from 3.61 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.43 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.76 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.16 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for TWG is neutral. |
| ChartMill Relative Strength | 8.8 | NEGATIVE | TWG has a low relative strength, it was outperformed by 91.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TWG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TWG is below a declining 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) | 51.13 | NEUTRAL | The RSI value for TWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TWG has a positive trend. |
| Stochastics (14,3) | 39.7 | NEUTRAL | The Stochastics value for TWG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for TWG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.62 | NEUTRAL | The ADX value for TWG suggests a possible start of a new trend. |
TWG Chart- and CandleStick Pattern Analysis
TWG Technicals: Chart, Performance Metrics, Trend & Indicators
3.7
-0.02 (-0.54%)
TOP WEALTH GROUP HLDNG LTD-A / TWG TA FAQ
What is the technical rating for TWG stock?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for TOP WEALTH GROUP HLDNG LTD-A (TWG) stock?
TOP WEALTH GROUP HLDNG LTD-A (TWG) has an RSI value of 51.1287. This indicates that the stock is currently neutral.
What is the MACD signal for TOP WEALTH GROUP HLDNG LTD-A (TWG) stock?
The MACD indicator for TOP WEALTH GROUP HLDNG LTD-A (TWG) has a value of 0.0128458, indicating a bearish trend.