MULTI WAYS HOLDINGS LTD (MWG) Stock Technical Analysis
NYSEARCA:MWG - NYSE Arca - KYG6362F1081 - Common Stock - Currency: USD
Overall MWG gets a technical rating of 2 out of 10. MWG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
MWG 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.
When compared to the yearly performance of all other stocks, MWG outperforms 41% of them, which is more or less in line with the market.
MWG is an average performer in the Trading Companies & Distributors industry, it outperforms 58% of 49 stocks in the same industry.
In the last month MWG has a been trading in the 0.26 - 0.30 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.
MWG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
0.25
0.31
We found 1 important support area.
- Support @0.25 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.31 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41
Mansfield-2.61
10 Day High0.3
10 Day Low0.26
20 Day High0.3
20 Day Low0.26
52 Week High0.78
52 Week Low0.23
Performance
1 Week-6.55%
2 Weeks0.3%
1 Month-6.23%
3 Month7.93%
6 Month-36.98%
12 Month-8.54%
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)44.94
LBB0.27
UBB0.29
NYSEARCA:MWG (2/21/2025, 8:04:02 PM)
0.271
-0.01 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-3.21%
1 Week-6.55%
2 Weeks0.3%
1 Month-6.23%
3 Month7.93%
6 Month-36.98%
12 Month-8.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.27%
ATR Inc-35.15%
Range Today0.01
ADR(20)0.02
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41
Mansfield-2.61
10 Day High0.3
10 Day Low0.26
20 Day High0.3
20 Day Low0.26
52 Week High0.78
52 Week Low0.23
CS1 End0.25
CR1 Start0.28
Volume & EV
DER(3)-8.73%
DER(5)-9.67%
Volume11.20K
Volume Incr-5.69%
Vol(5)31.22K
Vol(50)105.44K