Technical Analysis for MWY - Midway Ltd  

Grade Last Price % Change Price Change
A 0.820 0.00% 0.000
MWY closed unchanged on Wednesday, May 15, 2024, on 4 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
NR7 Range Contraction -3.53%
Narrow Range Bar Range Contraction -3.53%
Upper Bollinger Band Walk Strength -3.53%
Above Upper BB Strength -3.53%

   Recent Intraday Alerts

Alert Time
Down 1 ATR 1 day ago
Fell Below Previous Day's Low 1 day ago
Down 3% 1 day ago
Down 2% 1 day ago
Down 1% 1 day ago

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Profile

Midway Ltd   Description

Midway Limited is an Australia-based company, which is engaged in the production and export of wood fiber to producers of pulp, paper and associated products in Japan and China. The Company's segments include Midway, QCE and SWF. The Company's Midway segment sells hardwood and softwood chips to export markets, sells softwood logs domestically and provides plantation management services to third party tree owners. The Company's QCE segment sells hardwood and softwood chips to export markets. The Company's SWF segment sells hardwood chips to export markets. The Company also owns a processing and export facility in Geelong, and has interests in processing and export facilities in Portland and Brisbane. The Company produces hardwood and softwood woodchips from logs acquired from private plantation owners in Victoria, South Australia, New South Wales and Queensland, and exports those woodchips from facilities in the ports of Geelong, Portland and Brisbane.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Management Services Wood Chip Fiber Paper And Brisbane Plantation Wood Products Woodworking Forestry Geelong Lumber Pulp Softwood Timber Industry

Is MWY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.8948
52 Week Low 0.5416
Average Volume 139,542
200-Day Moving Average 0.696
50-Day Moving Average 0.745
20-Day Moving Average 0.765
10-Day Moving Average 0.802
Average True Range 0.022
RSI (14) 66.89
ADX 32.84
+DI 40.000
-DI 18.799
Chandelier Exit (Long, 3 ATRs) 0.784
Chandelier Exit (Short, 3 ATRs) 0.716
Upper Bollinger Bands 0.854
Lower Bollinger Band 0.675
Percent B (%b) 0.81
BandWidth 23.388
MACD Line 0.028
MACD Signal Line 0.019
MACD Histogram 0.0092
Fundamentals Value
Market Cap 71.62 Million
Num Shares 87.3 Million
EPS 0.15
Price-to-Earnings (P/E) Ratio 5.54
Price-to-Sales 0.34
Price-to-Book 0.68
Dividend 0.18
Dividend Yield 21.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.820
Resistance 3 (R3) 0.820 0.820 0.820
Resistance 2 (R2) 0.820 0.820 0.820 0.820
Resistance 1 (R1) 0.820 0.820 0.820 0.820 0.820
Pivot Point 0.820 0.820 0.820 0.820 0.820
Support 1 (S1) 0.820 0.820 0.820 0.820 0.820
Support 2 (S2) 0.820 0.820 0.820 0.820
Support 3 (S3) 0.820 0.820 0.820
Support 4 (S4) 0.820