MULTI WAYS HOLDINGS LTD (MWG)
KYG6362F1081 - Common Stock
Taking everything into account, MWG scores 1 out of 10 in our technical rating. MWG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than MWG.
MWG is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 80% are performing better than MWG.
MWG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MWG is lagging the market.
In the last month MWG has a been trading in the 0.23 - 0.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MWG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.24, a Stop Loss order could be placed below this zone.
More info and screens
0.24
0.28
When analyzing the support we notice one important area.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.27 from a trend line in the daily time frame.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.35
Mansfield-3.35
10 Day High0.28
10 Day Low0.23
20 Day High0.28
20 Day Low0.23
52 Week High0.78
52 Week Low0.2
Performance
1 Week-2.01%
2 Weeks-7.16%
1 Month1.18%
3 Month-38.57%
6 Month-22.47%
12 Month13.09%
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)44.58
LBB0.24
UBB0.28
MULTI WAYS HOLDINGS LTD
NYSEARCA:MWG (12/20/2024, 8:26:12 PM)
After market: 0.2488 0 (0%)0.2488
-0.01 (-3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-3.19%
1 Week-2.01%
2 Weeks-7.16%
1 Month1.18%
3 Month-38.57%
6 Month-22.47%
12 Month13.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.7%
ATR Inc18.29%
Range Today0.02
ADR(20)0.02
ADR(20)%6.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.35
Mansfield-3.35
10 Day High0.28
10 Day Low0.23
20 Day High0.28
20 Day Low0.23
52 Week High0.78
52 Week Low0.2
CS1 End0.24
CR1 Start0.26
Volume & EV
DER(3)-2.01%
DER(5)-6.03%
Volume40.20K
Volume Incr42.61%
Vol(5)117.36K
Vol(50)138.68K