MULTI WAYS HOLDINGS LTD (MWG)

KYG6362F1081 - Common Stock

0.363  +0.02 (+6.76%)

After market: 0.36 0 (-0.83%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to MWG. MWG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, MWG is a bad performer in the overall market: 77% of all stocks are doing better.
MWG is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry, of which 66% are performing better than MWG.
In the last month MWG has a been trading in the 0.31 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MWG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MWG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MWG Weekly chart
MWG Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, MWG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MWG 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.
Support and Resistance Analysis

0.30

0.37

4 important support areas can be observed.

  • A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.32 from a trend line in the daily time frame.
  • A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.30 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.79
Mansfield-1.08
10 Day High0.45
10 Day Low0.32
20 Day High0.69
20 Day Low0.31
52 Week High0.69
52 Week Low0.19
Performance
1 Week6.76%
2 Weeks-14.57%
1 Month6.76%
3 Month12.38%
6 Month30.43%
12 Month-36.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)50.9
LBB0.29
UBB0.41
MWG Daily chart

MULTI WAYS HOLDINGS LTD

NYSEARCA:MWG (7/1/2024, 7:04:02 PM)

After market: 0.36 0 (-0.83%)

0.363

+0.02 (+6.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg6.76%
1 Week6.76%
2 Weeks-14.57%
1 Month6.76%
3 Month12.38%
6 Month30.43%
12 Month-36.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%25.81%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.45
10 Day Low0.32
20 Day High0.69
20 Day Low0.31
52 Week High0.69
52 Week Low0.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume295.60K
Volume Incr-88.98%
Vol(5)223.58K
Vol(50)852.19K