WAH FU EDUCATION GROUP LTD (WAFU) Stock Technical Analysis
NASDAQ:WAFU - Nasdaq - VGG941841014 - Common Stock - Currency: USD
Overall WAFU gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. WAFU was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than WAFU.
WAFU is one of the lesser performing stocks in the Diversified Consumer Services industry. 61% of 72 stocks in the same industry do better.
WAFU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WAFU has a been trading in the 1.30 - 1.53 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WAFU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.38
2.22
2 important support areas can be observed.
- A support zone ranging from 1.42 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.47 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.55 from a trend line in the daily time frame.
- Resistance @2.11 from a trend line in the weekly time frame.
- Resistance @2.20 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for WAFU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WAFU is neutral. |
| ChartMill Relative Strength | 13.35 | NEGATIVE | WAFU has a low relative strength, it was outperformed by 86.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAFU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAFU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAFU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.17 | NEUTRAL | The RSI value for WAFU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WAFU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.52 | NEUTRAL | The Stochastics value for WAFU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for WAFU suggests high volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for WAFU suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:WAFU (7/11/2025, 8:00:02 PM)
1.4615
-0.02 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.58%
1 Week2.2%
2 Weeks0.1%
1 Month1.49%
3 Month3.65%
6 Month-13.26%
12 Month-26.59%
2 Year-36.43%
3 Year-42.46%
5 Year-72.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.29%
ATR Inc103.75%
Range Today0.22
ADR(20)0.07
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.35
Mansfield-1.95
10 Day High1.53
10 Day Low1.3
20 Day High1.53
20 Day Low1.3
52 Week High7.49
52 Week Low1.22
CS1 End1.45
CR1 Start1.47
Volume & EV
DER(3)-4.78%
DER(5)-11.62%
Volume31.50K
Volume Incr340.24%
Vol(5)40.26K
Vol(50)94.21K