Technical Analysis for NWGL - Nature Wood Group Limited

Grade Last Price % Change Price Change
F 5.05 -70.06% -11.81
NWGL closed down 70.06 percent on Friday, April 26, 2024, on 28.44 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The bears made the stock sink to a new 52-week low.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%

   Recent Intraday Alerts

Alert Time
New 52 Week Low about 19 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
10x Volume Pace about 20 hours ago
Gapped Down (Full) about 21 hours ago
2x Volume Pace about 21 hours ago

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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 4.16
Average Volume 87,102
200-Day Moving Average 0.00
50-Day Moving Average 14.43
20-Day Moving Average 14.52
10-Day Moving Average 14.14
Average True Range 1.87
RSI (14) 22.48
ADX 22.3
+DI 15.73
-DI 50.97
Chandelier Exit (Long, 3 ATRs) 11.60
Chandelier Exit (Short, 3 ATRs) 9.77
Upper Bollinger Bands 18.97
Lower Bollinger Band 10.07
Percent B (%b) -0.56
BandWidth 61.28
MACD Line -0.39
MACD Signal Line 0.22
MACD Histogram -0.61
Fundamentals Value
Market Cap 70.17 Million
Num Shares 13.9 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 14.84
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) 20.56
Resistance 3 (R3) 21.98 18.24 17.97
Resistance 2 (R2) 18.24 14.29 17.53 17.11
Resistance 1 (R1) 11.64 11.85 9.77 10.22 16.25
Pivot Point 7.90 7.90 6.97 7.19 7.90
Support 1 (S1) 1.30 3.95 -0.57 -0.13 -6.16
Support 2 (S2) -2.44 1.51 -3.15 -7.02
Support 3 (S3) -9.04 -2.44 -7.88
Support 4 (S4) -10.47