MEIWU TECHNOLOGY CO LTD (WNW) Stock Technical Analysis
USA - NASDAQ:WNW - VGG9604C1234 - Common Stock
1.89 USD
-0.09 (-4.55%)
Overall WNW gets a technical rating of 2 out of 10. In the past year, WNW 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 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, WNW is a bad performer in the overall market: 97% of all stocks are doing better.
WNW is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 89% of 39 stocks in the same industry do better.
WNW 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 WNW has a been trading in the 1.80 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WNW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for WNW 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
1.66
2.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.78 from a trend line in the weekly time frame.
- Support @1.75 from a trend line in the daily time frame.
- A support zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.63 from a trend line in the daily time frame.
- Resistance @2.74 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 WNW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WNW is neutral. |
| ChartMill Relative Strength | 3.25 | NEGATIVE | WNW has a low relative strength, it was outperformed by 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WNW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for WNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WNW has a negative trend. |
| Stochastics (14,3) | 21.74 | NEUTRAL | The Stochastics value for WNW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.85 | HIGH VOLATILITY | The high ATR as a percentage value for WNW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.46 | POSITIVE | The high ADX value value for WNW 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)
NASDAQ:WNW (10/3/2025, 8:12:33 PM)
1.89
-0.09 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-4.55%
1 Week2.72%
2 Weeks-5.5%
1 Month1.61%
3 Month0%
6 Month13.17%
12 Month-88.87%
2 Year-97.65%
3 Year-99.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%15.85%
ATR Inc-49.42%
Range Today0.09
ADR(20)0.29
ADR(20)%15.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.25
Mansfield-8.21
10 Day High2.09
10 Day Low1.8
20 Day High3.6
20 Day Low1.8
52 Week High70
52 Week Low0.95
CS1 End1.88
CR1 Start1.99
Volume & EV
DER(3)0.56%
DER(5)4.13%
Volume13.10K
Volume Incr-76.74%
Vol(5)24.04K
Vol(50)51.01K