Overall WB gets a technical rating of 0 out of 10. WB'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.
WB has a poor technical rating and the quality of the setup is also only medium 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
7.87
4 important support areas can be observed.
- A support zone ranging from 9.90 to 9.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.50 to 9.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.28 from a horizontal line in the daily time frame.
- Support @7.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WB is down. |
| ChartMill Relative Strength | 34.58 | NEUTRAL | WB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.5 | NEUTRAL | The RSI value for WB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.13 | NEUTRAL | The Stochastics value for WB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for WB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for WB suggests a strong trend. |
10
+0.08 (+0.81%)
WEIBO CORP-SPON ADR / WB FAQ
What is the ChartMill technical rating of WEIBO CORP-SPON ADR (WB) stock?
ChartMill assigns a technical rating of 0 / 10 to WB.
Can you provide the trend direction for WEIBO CORP-SPON ADR?
The current trend direction for WEIBO CORP-SPON ADR (WB) is Bearish.
What is the RSI signal for WEIBO CORP-SPON ADR (WB) stock?
WEIBO CORP-SPON ADR (WB) has an RSI value of 37.5023. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEIBO CORP-SPON ADR?
The short term momentum for WEIBO CORP-SPON ADR (WB) is negative.
What is the buy/sell signal for WB stock?
The buy/sell signal for WEIBO CORP-SPON ADR (WB) is sell as both the short term and long term trends are negative.