TOP WEALTH GROUP HLDNG LTD-A (TWG) Stock Technical Analysis
NASDAQ:TWG - Nasdaq - KYG8945S1021 - Common Stock - Currency: USD
Overall TWG gets a technical rating of 0 out of 10. TWG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 97% of all stocks are doing better.
TWG is one of the lesser performing stocks in the Food Products industry. 87% of 89 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. The S&P500 Index is trading in the upper part of its 52 week range, so TWG is lagging the market.
TWG has an average volume of 6816420 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 0.10 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of TWG 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
0.13
0.22
3 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.16 from a trend line in the daily time frame.
- Resistance @0.22 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 | 3.53 | NEGATIVE | TWG has a low relative strength, it was outperformed by 96.47% 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) | 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) | 45.03 | 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) | 38.35 | NEUTRAL | The Stochastics value for TWG is a neutral value. |
| Average True Range in percent/ATR (20) | 14.82 | HIGH VOLATILITY | The high ATR as a percentage value for TWG suggests high volalility. |
| Average Directional Index/ADX (14) | 32.51 | 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)
0.1306
-0.02 (-12.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-12.93%
1 Week17.98%
2 Weeks-3.97%
1 Month-25.37%
3 Month-18.53%
6 Month-41.96%
12 Month-86.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%14.82%
ATR Inc69.68%
Range Today0.01
ADR(20)0.02
ADR(20)%14.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.53
Mansfield-8.28
10 Day High0.2
10 Day Low0.1
20 Day High0.2
20 Day Low0.1
52 Week High13.5
52 Week Low0.1
CS1 EndN/A
CR1 Start0.14
Volume & EV
DER(3)-1.45%
DER(5)0.96%
Volume4.82M
Volume Incr728.63%
Vol(5)34.85M
Vol(50)6.82M