WEBULL CORP-30 (BULLW) Stock Technical Analysis
USA - NASDAQ:BULLW -
Taking everything into account, BULLW scores 0 out of 10 in our technical rating. BULLW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BULLW has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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3.50
We found 1 important support area.
- A support zone ranging from 3.54 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @5.58 from a trend line in the daily time frame.
- Resistance @6.38 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BULLW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BULLW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BULLW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BULLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BULLW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.85 | NEUTRAL | The RSI value for BULLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BULLW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.99 | NEUTRAL | The Stochastics value for BULLW is a neutral value. |
| Average True Range in percent/ATR (20) | 9.69 | HIGH VOLATILITY | The high ATR as a percentage value for BULLW suggests high volalility. |
| Average Directional Index/ADX (14) | 32.79 | POSITIVE | The high ADX value value for BULLW suggests a strong trend. |
3.9
+0.35 (+9.96%)
WEBULL CORP-30 / BULLW FAQ
What is the technical rating for BULLW stock?
ChartMill assigns a technical rating of 0 / 10 to BULLW.
What is the trend direction for BULLW stock?
The current trend direction for WEBULL CORP-30 (BULLW) is Bearish.
What is the RSI signal for BULLW stock?
WEBULL CORP-30 (BULLW) has an RSI value of 37.8531. This indicates that the stock is currently neutral.
What is the MACD signal for BULLW stock?
The MACD indicator for WEBULL CORP-30 (BULLW) has a value of -0.0352478, indicating a bearish trend.
What are the support and resistance levels for WEBULL CORP-30 (BULLW) stock?
WEBULL CORP-30 (BULLW) has a support level at 3.54 and a resistance level at 5.58. Check the full technical report for our detailed analysis of BULLW support and resistance levels.