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Shandong Weigao Group Medical Polymer Company Limited

SHWGY•PNK
Healthcare
Medical - Instruments & Supplies
$2.19
$0.00(0.00%)
U.S. Market opens in 0h 47m

Shandong Weigao Group Medical Polymer Company Limited (SHWGY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shandong Weigao Group Medical Polymer Company Limited (PNK:SHWGY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHWGY Technical Analysis Summary

Shandong Weigao Group Medical Polymer Company Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.77)
Trend Strength:Strong (ADX: 30.99)
Volatility:Low (ATR: 0.04)
Support/Resistance:$2.00 – $2.61 (Bollinger Bands)

Technical conditions suggest Shandong Weigao Group Medical Polymer Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 34.77

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.09

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.52

Bearish
Selling pressure outweighs buying.

Takeaway:Shandong Weigao Group Medical Polymer Company Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.99

Strong
Strong trend, momentum well established.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -43.22

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shandong Weigao Group Medical Polymer Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.61
Middle Band (SMA 20)
$2.30
Lower Band
$2.00
Current Position
Within Bands

Takeaway:Shandong Weigao Group Medical Polymer Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.37
Middle Line (EMA 20)
$2.28
Lower Channel
$2.19
Squeeze Status
No Squeeze

Takeaway:Shandong Weigao Group Medical Polymer Company Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-6.28K
Money Flow Index29.40Bearish, selling pressure outweighs inflows.
Relative Vigor Index5.39Bearish, price momentum favors sellers.

Overall Takeaway:SHWGY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Shandong Weigao Group Medical Polymer Company Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shandong Weigao Group Medical Polymer Company Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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