WALDENCAST PLC-A (WALD) Stock Technical Analysis
USA - NASDAQ:WALD - JE00BPG99318 - Common Stock
Taking everything into account, WALD scores 1 out of 10 in our technical rating. WALD'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.
Although the technical rating is bad, WALD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.88. Right above this resistance zone may be a good entry point.
More info and screens
1.68
When analyzing the support we can see 2 important areas.
- Support @1.74 from a trend line in the daily time frame.
- Support @1.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.88 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.02 from a trend line in the weekly time frame.
- Resistance @2.08 from a horizontal line in the daily time frame.
- Resistance @2.17 from a trend 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 WALD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WALD is down. |
| ChartMill Relative Strength | 13 | NEGATIVE | WALD has a low relative strength, it was outperformed by 87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WALD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WALD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WALD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.19 | NEUTRAL | The RSI value for WALD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WALD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.17 | NEUTRAL | The Stochastics value for WALD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for WALD suggests high volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for WALD suggests a weak or negative trend. |
1.78
-0.01 (-0.56%)
WALDENCAST PLC-A / WALD FAQ
Can you provide the ChartMill technical rating for WALDENCAST PLC-A?
ChartMill assigns a technical rating of 1 / 10 to WALD.
What is the current trend direction of WALDENCAST PLC-A (WALD) stock?
The current trend direction for WALDENCAST PLC-A (WALD) is Bearish.
What is the RSI signal for WALDENCAST PLC-A (WALD) stock?
WALDENCAST PLC-A (WALD) has an RSI value of 45.1872. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WALDENCAST PLC-A?
The short term momentum for WALDENCAST PLC-A (WALD) is negative.
What is the support and resistance level for WALD stock?
WALDENCAST PLC-A (WALD) has a support level at 1.74 and a resistance level at 1.88. Check the full technical report for our detailed analysis of WALD support and resistance levels.