Taking everything into account, MLWEA scores 1 out of 10 in our technical rating. MLWEA'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than MLWEA.
MLWEA is part of the Diversified Telecommunication Services industry. There are 29 other stocks in this industry, of which 82% are performing better than MLWEA.
MLWEA is currently trading near the lower end of its 52 week range, which is not a good sign. MLWEA is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: MLWEA has an average volume of 1035 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MLWEA has a been trading in the 0.38 - 0.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.