Technical analysis from Midway (MWY.AX, ASX:MWY) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Midway
+ Share

Elders Force Index (-106) has signalled bearish conditions in recent trading for MWY
Elders Force Index /
Elders Force Index (-106) has signalled bearish conditions in recent trading for MWY

[BEARISH]: Midway current price has highlighted recent selling pressure. Currently, the Elders Force Index is -106.

Close Tod Vs Close Yest /
Daily trading performance for MWY has initiated a short term downtrend

[BEARISH]: Midwaysellers are keener than buyers and are driving the price down. This is the first day of price decline for MWY adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -3.8 & the greatest daily negative change this year has been -50.1. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -14.5%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -3.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.6x. Over the last month the average daily downward movement has been -1.8%

Average True Range /
Midway: ATR (0.041) has signalled an uptrend is current

[Bullish]: Average True Range has confirmed an uptrend is present. Midway has a TR of 0.05, and an ATR(14) of 0.041.

Triangular Moving Average /
Midway is in a short term downtrend with the resistance price @$2.312

[BEARISH]: Midway currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -2.1%.

Range Tod Vs Range Yest /
The biggest price range this month for MWY has been $0.14

MWY: Range today versus range yesterday Recent Trading -> (1) 20 Oct: -75% (2) 19 Oct: 100% (3) 18 Oct: 100%

Top companies for
Australian Stock Exchange
Advertisment
MACD /
MACD oscillator remains positive for MWY

[BULLISH]: Midway currently has positive MACD of 0.004000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -2.5%.

[Downtrend]: Aroon oscillator @-48 has confirmed a downtrend for MWY
Aroon Oscillator /
[Downtrend]: Aroon oscillator @-48 has confirmed a downtrend for MWY

[BEARISH]: Midway has a current ARO(25) of -48. This has change 0 points from yesterday.

[Bear Power]: ERI has increased for Midway during the last trading session
Elder Ray Index /
[Bear Power]: ERI has increased for Midway during the last trading session

MWY: Elder Ray Index Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BULLISH (3) 18 Oct: BEARISH

Chaikin Money Flow /
Negative divergence for Midway @ -0.1

[BEARISH]: Midway current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.1. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.51

Open Tod Vs Close Tod /
Midway: Sellers were in control all day.

[BEARISH STRONG]: Midway opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 23 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 26.7%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 33.3%.

Volume Rate of Change /
14-day volume rate of change is now increasing for Midway

MWY: VROC Current Signal -> (1) 20 Oct: BULLISH CROSSOVER (2) 19 Oct: BEARISH (3) 18 Oct: BULLISH CROSSOVER

Midway currently has negative momentum of -0.05
Momentum /
Midway currently has negative momentum of -0.05

MWY: MOM Recent Trading -> (1) 20 Oct: -0.05 (2) 19 Oct: -0.01 (3) 18 Oct: 0

[Bearish]: Midway has failed to beat previous close by -2.1 %
Closing Price /
[Bearish]: Midway has failed to beat previous close by -2.1 %

[BEARISH]: Midway current downtrend in the first timeframe. Currently, the Close is $2.29.

Percentage Volume /
[Bearish]: Midway currently has negative PVO -14.7

MWY: PVO Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BEARISH (3) 18 Oct: BEARISH

Rate of Change /
14-day rate of change is now decreasing for Midway

[BEARISH CROSSOVER]: Midway currently has negative rate of change of -2.1%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Woodie Pivot Point /
Limit order for a short position has been identified for Midway [Bearish]

Midway current pivot point (Woodie) is: $2.293. The current resistance levels are: (R1) $2.296: (R2) $2.303The current support levels are: (S1) $2.286: (S2) $2.283

Midway is no longer overbought [Neutral]
Williams %R /
Midway is no longer overbought [Neutral]

MWY: William %R Current Signal -> (1) 20 Oct: BULLISH CROSSUNDER (2) 19 Oct: BEARISH CROSSOVER (3) 18 Oct: NEUTRAL

Midway: Volume MACD oscillator (-875)
MACD Volume /
Midway: Volume MACD oscillator (-875)

MWY: Volume MACD Recent Trading -> (1) 20 Oct: -875 (2) 19 Oct: -499 (3) 18 Oct: -1585

Midway closed in the lower part of daily range at 0%.
Close Tod Vs Range Tod /
Midway closed in the lower part of daily range at 0%.

[BEARISH]: Midway sellers in control. This is the first day of seller commitment for Midway adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 40 trading days with the closing price in the lower part of the range giving a confirmation ratio of 46.5%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 40%. Currently this quarter, closing price has spent 6 days in the lower price range compared to 5 days in the upper range giving a ratio of 1.2x.

Detrended Price Oscillator /
Midway: Detrended Price Oscillator(20) (-0.0845)

[BEARISH]: Midway currently has a confirmed downtrend. Price is currently below the displaced moving average for MWYCurrently, the return on DPO20 is -2.1%.

High Price /
Midway: Daily high price is $2.3 [Lower High]

MWY: HIGH Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Accumulation / Distribution /
Market conditions are indicating distribution is current for MWY

[BEARISH]: Midway current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Recent trading was only supported by high volume for Midway
Ease of Movement /
Recent trading was only supported by high volume for Midway

MWY: EOM Current Signal -> (1) 20 Oct: BEARISH HARD (2) 19 Oct: BULLISH EASY (3) 18 Oct: BULLISH HARD

Midway is no longer overbought with the Stochastic Oscillator @57.1
Stochastic Oscillator /
Midway is no longer overbought with the Stochastic Oscillator @57.1

MWY: Stochastic Oscillator Trading -> (1) 20 Oct: 57.1 (2) 19 Oct: 92.9 (3) 18 Oct: 56.2

Ex-Dividend /
The last dividends distributed to shareholders was Mar 16 2017

The last ex-dividend date recorded for MWY occurred on the Mar 16 2017. This event was 218 days from the current trading day.

See More   See more results
Advertisment
Advertisment
back to top