Technical Analysis for NWGL - Nature Wood Group Limited

Grade Last Price % Change Price Change
F 2.26 0.89% 0.02
NWGL closed up 0.89 percent on Friday, May 31, 2024, on 13 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong N/A Down Down

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.89%
Expansion Breakdown Bearish Swing Setup 0.89%

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Profile

Nature Wood Group Limited Description

Nature Wood Group Limited is a global leading vertically-integrated forestry company that focuses on FSC business operations, timber and wood products industry. The Company’s operations cover both up-stream forest management and harvesting, and down-stream wood-processing and distribution. Nature Wood offers a broad line of products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal and essential oils, primarily through its sales network in Europe, South Asia, South America, North America and China. The Company is one of the largest exporters of wood products in Peru, with approximately 615,333 hectares of forest concessions as of June 30, 2023. In terms of the export value in 2021, the Company is (i) the second largest wood products export supplier; (ii) the second largest wood products export supplier certified by the FSC; and (iii) the largest decking product supplier, in Peru. Nature Wood is also the largest oak export supplier and the second largest hardwood export supplier, in France in terms of export volume in 2021.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Wood Products Forestry Lumber Timber Industry Wood Processing

Is NWGL 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 21.967
52 Week Low 2.08
Average Volume 123,768
200-Day Moving Average 0.00
50-Day Moving Average 8.87
20-Day Moving Average 2.61
10-Day Moving Average 2.48
Average True Range 0.51
RSI (14) 20.00
ADX 50.27
+DI 12.05
-DI 45.91
Chandelier Exit (Long, 3 ATRs) 2.32
Chandelier Exit (Short, 3 ATRs) 3.61
Upper Bollinger Bands 2.98
Lower Bollinger Band 2.24
Percent B (%b) 0.03
BandWidth 28.41
MACD Line -1.72
MACD Signal Line -2.10
MACD Histogram 0.377
Fundamentals Value
Market Cap 31.43 Million
Num Shares 13.9 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 6.65
Price-to-Sales 0.00
Price-to-Book 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.34
Resistance 3 (R3) 2.33 2.30 2.32
Resistance 2 (R2) 2.30 2.28 2.30 2.32
Resistance 1 (R1) 2.28 2.27 2.29 2.29 2.31
Pivot Point 2.25 2.25 2.26 2.25 2.25
Support 1 (S1) 2.23 2.23 2.24 2.24 2.21
Support 2 (S2) 2.20 2.22 2.20 2.20
Support 3 (S3) 2.18 2.20 2.20
Support 4 (S4) 2.19