Overall WNW gets a technical rating of 1 out of 10. 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 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, WNW is a bad performer in the overall market: 95% of all stocks are doing better.
- WNW is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 81% of 38 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 1.30 - 1.71 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.54, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.16
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.51 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.46 from a horizontal line in the weekly time frame.
- Support @1.37 from a horizontal line in the daily time frame.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.17 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.57 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.65 from a horizontal 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 | 5.66 | NEGATIVE | WNW has a low relative strength, it was outperformed by 94.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WNW is above 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) | 53.71 | NEUTRAL | The RSI value for WNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.2 | NEUTRAL | The Stochastics value for WNW is a neutral value. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for WNW suggests high volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for WNW suggests a weak or negative trend. |
NASDAQ:WNW (1/16/2026, 8:00:02 PM)
1.57
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 1 / 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 53.7126. 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 1.54 and a resistance level at 1.57. Check the full technical report for our detailed analysis of WNW support and resistance levels.