WEIBO CORP-SPON ADR (WB)

US9485961018 - ADR

10.04  +0.42 (+4.37%)

After market: 9.99 -0.05 (-0.5%)

Technical Rating and Analysis

5

Taking everything into account, WB scores 5 out of 10 in our technical rating. In the past year, WB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

84% of all other stocks performed better in the past year than WB.
WB 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WB has a been trading in the 7.83 - 10.25 range, which is quite wide. It is currently trading near the high of this range.
WB has an average volume of 2217700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WB is part of the Interactive Media & Services industry. There are 68 other stocks in this industry, WB did better than 43% of them.
Weekly and Daily overview Charts
WB Weekly chart
WB Daily chart
Setup Rating and Analysis

8

WB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

8.93

10.15

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 9.61 to 9.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.02 to 9.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.05 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.73
Mansfield-2.24
10 Day High10.25
10 Day Low9.21
20 Day High10.25
20 Day Low7.84
52 Week High17.23
52 Week Low7.58
Performance
1 Week3.72%
2 Weeks8.07%
1 Month24.57%
3 Month7.96%
6 Month-14.19%
12 Month-40.24%
2 Year-54.36%
3 Year-80.25%
5 Year-75.82%
10 Year-45.79%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)63.84
LBB8.58
UBB10.39
WB Daily chart

WEIBO CORP-SPON ADR

NASDAQ:WB (5/16/2024, 5:53:58 PM)

After market: 9.99 -0.05 (-0.5%)

10.04

+0.42 (+4.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg4.37%
1 Week3.72%
2 Weeks8.07%
1 Month24.57%
3 Month7.96%
6 Month-14.19%
12 Month-40.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%4.28%
ATR Inc
Range Today0.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.25
10 Day Low9.21
20 Day High10.25
20 Day Low7.84
52 Week High17.23
52 Week Low7.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.70M
Volume Incr-17.68%
Vol(5)1.67M
Vol(50)2.22M