Overall WAI gets a technical rating of 0 out of 10. WAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
2.38
When analyzing the resistance we notice 2 important areas.
- Resistance @3.15 from a trend line in the daily time frame.
- Resistance @3.29 from a trend 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 | 2.44 | NEGATIVE | WAI has a low relative strength, it was outperformed by 97.56% 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) | 43.07 | NEUTRAL | The RSI value for WAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WAI has a negative trend. |
| Stochastics (14,3) | 23.98 | NEUTRAL | The Stochastics value for WAI is a neutral value. |
| Average True Range in percent/ATR (20) | 19.95 | HIGH VOLATILITY | The high ATR as a percentage value for WAI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for WAI suggests a weak or negative trend. |
2.4
+0.15 (+6.67%)
TOP KINGWIN LTD-A / WAI FAQ
What is the ChartMill technical rating of TOP KINGWIN LTD-A (WAI) stock?
ChartMill assigns a technical rating of 0 / 10 to WAI.
Can you provide the trend direction for TOP KINGWIN LTD-A?
The current trend direction for TOP KINGWIN LTD-A (WAI) is Bearish.
Can you provide the RSI signal for TOP KINGWIN LTD-A?
TOP KINGWIN LTD-A (WAI) has an RSI value of 43.0749. This indicates that the stock is currently neutral.
What is the MACD signal for WAI stock?
The MACD indicator for TOP KINGWIN LTD-A (WAI) has a value of -0.00950204, indicating a bearish trend.
What is the buy/sell signal for WAI stock?
The buy/sell signal for TOP KINGWIN LTD-A (WAI) is sell as both the short term and long term trends are negative.