ENERGOUS CORP (WATT) Stock Technical Analysis
NASDAQ:WATT - Nasdaq - US29272C2026 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to WATT. Recently some decent action could be observed, but in the medium term time frame this is still negative. WATT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, WATT is a bad performer in the overall market: 88% of all stocks are doing better.
WATT is one of the lesser performing stocks in the Electrical Equipment industry. 66% of 93 stocks in the same industry do better.
WATT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WATT has a been trading in the 0.25 - 0.42 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WATT has an average volume of 1409920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WATT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.25
0.59
When analyzing the support we can see 2 important areas.
- Support @0.26 from a trend line in the daily time frame.
- Support @0.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.58 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 | NEUTRAL | NEUTRAL | The long term trend for WATT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WATT is up. |
| ChartMill Relative Strength | 12.77 | NEGATIVE | WATT has a low relative strength, it was outperformed by 87.23% 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) | DOWN | NEGATIVE | The current price of WATT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 84.69 | OVERBOUGHT | The high RSI value suggests WATT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WATT has a positive trend. |
| Stochastics (14,3) | 86.74 | OVERBOUGHT | The high Stochastics value suggests WATT may be overbought. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for WATT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for WATT suggests a possible start of a new 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)
0.391
+0.02 (+5.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.68%
1 Week41.16%
2 Weeks39.64%
1 Month39.64%
3 Month37.68%
6 Month-47.87%
12 Month-62.4%
2 Year-92.08%
3 Year-98.34%
5 Year-99.37%
10 Year-99.73%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.92%
ATR Inc330.33%
Range Today0.07
ADR(20)0.02
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.77
Mansfield-2.62
10 Day High0.42
10 Day Low0.26
20 Day High0.42
20 Day Low0.25
52 Week High2.7
52 Week Low0.12
CS1 End0.26
CR1 Start0.58
Volume & EV
DER(3)0.63%
DER(5)5.69%
Volume4.14M
Volume Incr423.43%
Vol(5)3.11M
Vol(50)1.41M