HOWL Technical Analysis - WEREWOLF THERAPEUTICS INC

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to HOWL. Although HOWL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

In the last month HOWL has a been trading in the 1.44 - 2.38 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

When comparing the performance of all stocks over the past year, HOWL turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.

HOWL is an average performer in the Biotechnology industry, it outperforms 51% of 536 stocks in the same industry.

HOWL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOWL is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

WEREWOLF THERAPEUTICS INC / HOWL Weekly stock chart

WEREWOLF THERAPEUTICS INC / HOWL Daily stock chart

Setup Rating and Analysis

Besides having an excellent technical rating, HOWL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.44

2.03

We found 4 important support areas.

Support @1.67 from a trend line in the daily time frame.
A support zone ranging from 1.62 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @1.45 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

Resistance @2.01 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for HOWL is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for HOWL is neutral.
ChartMill Relative Strength	57.56	NEUTRAL	HOWL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of HOWL is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of HOWL is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of HOWL is above the rising SMA(200).
Relative Strength Index/RSI (14)	51.58	NEUTRAL	The RSI value for HOWL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests HOWL has a negative trend, although the MACD value is rising.
Stochastics (14,3)	15.45	OVERSOLD	The low Stochastics value suggests HOWL may be oversold.
Average True Range in percent/ATR (20)	13.6	HIGH VOLATILITY	The high ATR as a percentage value for HOWL suggests high volalility.
Average Directional Index/ADX (14)	21.77	NEUTRAL	The ADX value for HOWL suggests a possible start of a new trend.