Midway

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Seller commitment has continued for Midway adding strength to an downtrend in the first timeframe

[BEARISH]: Midway sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range 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 3 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 33.3%. Currently this quarter, closing price has spent 3 days in the lower price range compared to 2 days in the upper range giving a ratio of 1.5x.

Midway: 0.618 Fibonacci Retraction (3.28)

Midway: The current Fibonacci Retraction levels are: (23.61%) $3.6: (38.2%) $3.33: (50%) $3.31: (61.8%) $3.28The current support levels are: (78.6%) $3.24: (100%) $3.19: (138.2%) $3.1: (161.8%) $3.05: (261.8%) $2.82: (423.61%) $2.45

Daily trading performance for MWY has initiated a short term uptrend

[BULLISH]: Midwaybuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for MWY adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.3 & the greatest daily positive change this year has been 4.8. The longest consecutive upswing rally over the last 12 months has been 4 days giving a total rally upward movement of 9.7%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 4.9%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 1.5x. Over the last month the average daily upward movement has been 1.500000%

MWY Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the lower shadow

[BEARISH]: Midway opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 12.5%. This suggests the buyers have lost control. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 11.1%.

Midway: Momentum(14)

Midway: Momentum(14)

[BEARISH]: Midway currently has negative momentum of -0.1 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.6%.The largest downward momentum rally for the last 3 months is 3 days producing a return of -2.5%.

Midway: Camarilla Pivot ($3.52)

Midway current pivot point Camarilla is: $3.52. The current resistance levels are: (R1) $3.793: (R2) $4.087: (R3) $4.38: (R4) $5.26The current support levels are: (S1) $3.207: (S2) $2.913: (S3) $2.62: (S4) $1.74

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