ENERGOUS CORP (WATT) Technical Analysis
NASDAQ:WATT • US29272C3016
Current stock price
WATT Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to WATT. 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.
- The long and short term trends are both positive. This is looking good!
- WATT is part of the Electrical Equipment industry. There are 92 other stocks in this industry. WATT outperforms 93% of them.
- Looking at the yearly performance, WATT did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- WATT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WATT is lagging the market slightly.
- In the last month WATT has a been trading in the 10.00 - 20.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WATT Weekly and Daily overview Charts
WATT Setup Rating and Analysis
WATT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.96, a Stop Loss order could be placed below this zone.
More info and screens
WATT Support and Resistance Analysis
13.63
When analyzing the support we notice one important area.
- A support zone ranging from 13.77 to 13.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @18.04 from a horizontal line in the weekly 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 | 98.22 | POSITIVE | WATT has a high relative strength, it outperformed 98.22% 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) | 57.26 | NEUTRAL | The RSI value for WATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests WATT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.76 | NEUTRAL | The Stochastics value for WATT is a neutral value. |
| Average True Range in percent/ATR (20) | 14.32 | HIGH VOLATILITY | The high ATR as a percentage value for WATT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.14 | POSITIVE | The high ADX value value for WATT suggests a strong trend. |
WATT Chart- and CandleStick Pattern Analysis
WATT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.05 | 13.76 | 4.29 (23.77%) | 4.21% |
| An entry @18.05. This is a Buy Stop order right above the resistance zone. | An exit @13.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.29 points, which is 23.77%. | For a 1.00% total portfolio risk, you can invest 4.21% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WATT Technicals: Chart, Performance Metrics, Trend & Indicators
15.74
+0.8 (+5.35%)
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 57.2626. This indicates that the stock is currently neutral.
What is the MACD signal for ENERGOUS CORP (WATT) stock?
The MACD indicator for ENERGOUS CORP (WATT) has a value of -0.202927, indicating a bearish trend.
Can you provide the short term momentum for ENERGOUS CORP?
The short term momentum for ENERGOUS CORP (WATT) is positive.