TOP KINGWIN LTD-A (WAI) Stock Technical Analysis
USA - NASDAQ:WAI - KYG8923U1114 - Common Stock
3.24 USD
-0.32 (-8.99%)
3.23 USD
-0.01 (-0.31%)
Overall WAI gets a technical rating of 0 out of 10. WAI'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WAI is a bad performer in the overall market: 100% of all stocks are doing better.
WAI is one of the lesser performing stocks in the Capital Markets industry. 89% of 237 stocks in the same industry do better.
WAI 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 WAI has a been trading in the 2.87 - 5.03 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.
WAI has an average volume of 14478900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
WAI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.83
4.76
When analyzing the support we can see 2 important areas.
- Support @3.09 from a trend line in the daily time frame.
- A support zone ranging from 2.86 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.53 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.04 from a trend line in the daily time frame.
- Resistance @4.71 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 | DOWN | NEGATIVE | The long term trend for WAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WAI 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 WAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.51 | NEUTRAL | The RSI value for WAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests WAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.75 | NEUTRAL | The Stochastics value for WAI is a neutral value. |
| Average True Range in percent/ATR (20) | 15.4 | HIGH VOLATILITY | The high ATR as a percentage value for WAI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for WAI suggests a weak or negative 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)
3.24
-0.32 (-8.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-8.99%
1 Week-23.76%
2 Weeks-1.22%
1 Month-9.75%
3 Month-69.47%
6 Month-96.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%15.4%
ATR Inc-39.01%
Range Today0.45
ADR(20)0.41
ADR(20)%12.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.4
10 Day Low2.87
20 Day High5.03
20 Day Low2.87
52 Week High500
52 Week Low2.35
CS1 End3.09
CR1 Start3.53
Volume & EV
DER(3)0.54%
DER(5)2.67%
Volume25.22K
Volume Incr-95.88%
Vol(5)88.76K
Vol(50)14.48M