MEIWU TECHNOLOGY CO LTD (WNW)
VGG9604C1150 - Common Stock
Taking everything into account, WNW scores 4 out of 10 in our technical rating. In the past year, WNW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WNW is a bad performer in the overall market: 93% of all stocks are doing better.
WNW is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 80% of 43 stocks in the same industry do better.
WNW 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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month WNW has a been trading in the 0.76 - 0.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
WNW has only a medium 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 0.85. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WNW 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
0.75
1.31
We found 2 important support areas.
- A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.76 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.88 from a horizontal line in the daily time frame.
- Resistance @1.21 from a trend line in the daily time frame.
- Resistance @1.30 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
CRS7.54
Mansfield-5.06
10 Day High0.88
10 Day Low0.77
20 Day High0.88
20 Day Low0.76
52 Week High11.11
52 Week Low0.71
Performance
1 Week3.05%
2 Weeks6.52%
1 Month4.96%
3 Month2.66%
6 Month-17.95%
12 Month-70.91%
2 Year-98.14%
3 Year-99.2%
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)59.05
LBB0.76
UBB0.85
MEIWU TECHNOLOGY CO LTD
NASDAQ:WNW (11/25/2024, 8:00:02 PM)
After market: 0.8701 +0.03 (+2.97%)0.845
+0.01 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg1.14%
1 Week3.05%
2 Weeks6.52%
1 Month4.96%
3 Month2.66%
6 Month-17.95%
12 Month-70.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%4.59%
ATR Inc
Range Today0.03
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 High0.88
10 Day Low0.77
20 Day High0.88
20 Day Low0.76
52 Week High11.11
52 Week Low0.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.25M
Volume Incr843.52%
Vol(5)481.53K
Vol(50)148.76K