MEIWU TECHNOLOGY CO LTD (WNW) Stock Technical Analysis
NASDAQ:WNW • VGG9604C1234
We assign a technical rating of 0 out of 10 to WNW. WNW 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.
- 86% of all other stocks performed better in the past year than WNW.
- WNW is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 70% are performing better than WNW.
- WNW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: WNW has an average volume of 23810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month WNW has a been trading in the 1.38 - 1.79 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.
Although the technical rating is bad, WNW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.41, a Stop Loss order could be placed below this zone.
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1.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.36 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.44 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.51 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.63 from a horizontal line in the weekly time frame.
- Resistance @1.66 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 | 14.48 | NEGATIVE | WNW has a low relative strength, it was outperformed by 85.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WNW is below a declining 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) | 44.95 | NEUTRAL | The RSI value for WNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WNW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.73 | OVERSOLD | The low Stochastics value suggests WNW may be oversold. |
| Average True Range in percent/ATR (20) | 10.01 | HIGH VOLATILITY | The high ATR as a percentage value for WNW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for WNW suggests a weak or negative trend. |
NASDAQ:WNW (2/24/2026, 8:01:06 PM)
1.44
0 (0%)
MEIWU TECHNOLOGY CO LTD / WNW FAQ
What is the ChartMill technical rating of MEIWU TECHNOLOGY CO LTD (WNW) stock?
ChartMill assigns a technical rating of 0 / 10 to WNW.
What is the current trend direction of MEIWU TECHNOLOGY CO LTD (WNW) stock?
The current trend direction for MEIWU TECHNOLOGY CO LTD (WNW) is Bearish.
What is the RSI signal for WNW stock?
MEIWU TECHNOLOGY CO LTD (WNW) has an RSI value of 44.9458. This indicates that the stock is currently neutral.
What is the support and resistance level for WNW stock?
MEIWU TECHNOLOGY CO LTD (WNW) has a support level at 1.41 and a resistance level at 1.44. Check the full technical report for our detailed analysis of WNW support and resistance levels.