ENERGOUS CORP (WATT) Stock Technical Analysis
NASDAQ:WATT - US29272C2026 - Common Stock
7.465 USD
-0.42 (-5.39%)
7.3334 USD
-0.13 (-1.76%)
We assign a technical rating of 0 out of 10 to WATT. WATT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WATT is a bad performer in the overall market: 96% of all stocks are doing better.
WATT is one of the lesser performing stocks in the Electrical Equipment industry. 80% of 93 stocks in the same industry do better.
WATT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WATT has a been trading in the 6.51 - 12.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WATT has an average volume of 1286530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
WATT has a poor technical rating and the quality of the setup is also not perfect 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
7.20
14.04
When analyzing the support we notice one important area.
- Support @7.27 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @8.16 from a horizontal line in the daily time frame.
- Resistance @10.98 from a trend line in the weekly time frame.
- Resistance @13.90 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 WATT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WATT is down. |
| ChartMill Relative Strength | 4.04 | NEGATIVE | WATT has a low relative strength, it was outperformed by 95.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WATT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WATT is below a declining 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) | 37.2 | NEUTRAL | The RSI value for WATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WATT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.46 | NEUTRAL | The Stochastics value for WATT is a neutral value. |
| Average True Range in percent/ATR (20) | 13.33 | HIGH VOLATILITY | The high ATR as a percentage value for WATT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.11 | POSITIVE | The high ADX value value for WATT suggests a strong 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)
7.465
-0.42 (-5.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.39%
1 Week-6.92%
2 Weeks-3.18%
1 Month-36.18%
3 Month-11.64%
6 Month-30.61%
12 Month-71.88%
2 Year-87.56%
3 Year-99.09%
5 Year-99.66%
10 Year-99.83%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%13.33%
ATR Inc-22.43%
Range Today0.47
ADR(20)0.86
ADR(20)%11.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.04
Mansfield-4.58
10 Day High8.47
10 Day Low7.04
20 Day High12.9
20 Day Low6.51
52 Week High81
52 Week Low3.67
CS1 End7.27
CR1 Start8.16
Volume & EV
DER(3)-11.05%
DER(5)-8.65%
Volume18.60K
Volume Incr-96.3%
Vol(5)30.84K
Vol(50)1.29M