NATURE WOOD GROUP LTD-SP ADR (NWGL) Stock Technical Analysis
NASDAQ:NWGL - Nasdaq - US63903R1068 - ADR - Currency: USD
Taking everything into account, NWGL scores 2 out of 10 in our technical rating. NWGL 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NWGL is a bad performer in the overall market: 75% of all stocks are doing better.
NWGL is one of the lesser performing stocks in the Paper & Forest Products industry. 62% of 9 stocks in the same industry do better.
NWGL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NWGL has a been trading in the 1.15 - 1.65 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NWGL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NWGL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.23
1.82
We found 2 important support areas.
- A support zone ranging from 1.29 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.59 to 1.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.45
Mansfield-0.65
10 Day High1.65
10 Day Low1.24
20 Day High1.65
20 Day Low1.15
52 Week High3.37
52 Week Low1.04
Performance
1 Week12.03%
2 Weeks6.43%
1 Month11.19%
3 Month16.41%
6 Month5.75%
12 Month-50.25%
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)0.01
RSI(14)56.22
LBB1.25
UBB1.51
NASDAQ:NWGL (4/28/2025, 8:00:02 PM)
1.49
+0.09 (+6.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg6.43%
1 Week12.03%
2 Weeks6.43%
1 Month11.19%
3 Month16.41%
6 Month5.75%
12 Month-50.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%11.65%
ATR Inc17.9%
Range Today0.3
ADR(20)0.17
ADR(20)%11.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.45
Mansfield-0.65
10 Day High1.65
10 Day Low1.24
20 Day High1.65
20 Day Low1.15
52 Week High3.37
52 Week Low1.04
CS1 End1.33
CR1 Start1.59
Volume & EV
DER(3)11.6%
DER(5)-11.53%
Volume49.10K
Volume Incr-86.07%
Vol(5)13.30K
Vol(50)94.37K