ENERGOUS CORP (WATT) Technical Analysis
NASDAQ:WATT • US29272C3016
Current stock price
WATT Technical Rating and Analysis
Overall WATT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WATT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- WATT is part of the Electrical Equipment industry. There are 92 other stocks in this industry. WATT outperforms 95% of them.
- WATT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WATT has a been trading in the 14.70 - 36.98 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that WATT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WATT Weekly and Daily overview Charts
WATT Setup Rating and Analysis
Although WATT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WATT Support and Resistance Analysis
17.90
When analyzing the support we can see 2 important areas.
- Support @26.81 from a trend line in the daily time frame.
- Support @18.08 from a trend line in the daily time frame.
WATT 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 WATT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WATT is up. |
| ChartMill Relative Strength | 99.19 | POSITIVE | WATT has a high relative strength, it outperformed 99.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WATT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WATT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WATT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.93 | OVERBOUGHT | The high RSI value suggests WATT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests WATT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.2 | OVERBOUGHT | The high Stochastics value suggests WATT may be overbought. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for WATT suggests high volalility. |
| Average Directional Index/ADX (14) | 50.35 | POSITIVE | The high ADX value value for WATT suggests a strong trend. |
WATT Chart- and CandleStick Pattern Analysis
WATT Technicals: Chart, Performance Metrics, Trend & Indicators
34.25
-1.08 (-3.06%)
ENERGOUS CORP / WATT TA FAQ
What is the technical rating for WATT stock?
ChartMill assigns a technical rating of 9 / 10 to WATT.
Can you provide the trend direction for ENERGOUS CORP?
The current trend direction for ENERGOUS CORP (WATT) is Bullish.
What is the RSI signal for WATT stock?
ENERGOUS CORP (WATT) has an RSI value of 73.9298. This indicates that the stock is currently overbought.
What is the MACD signal for ENERGOUS CORP (WATT) stock?
The MACD indicator for ENERGOUS CORP (WATT) has a value of 1.06351, indicating a bullish trend.
Can you provide the short term momentum for ENERGOUS CORP?
The short term momentum for ENERGOUS CORP (WATT) is positive.