WEIBO CORP-SPON ADR (WB) Stock Technical Analysis
USA - NASDAQ:WB - US9485961018 - ADR
10.88 USD
-0.06 (-0.55%)
10.88 USD
0 (0%)
Overall WB gets a technical rating of 3 out of 10. In the last year, WB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month WB has a been trading in the 10.83 - 12.77 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, WB did better than 77% of all other stocks.
WB is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 75% of 70 stocks in the same industry.
WB has an average volume of 1167030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
WB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WB is lagging the market.
Although the technical rating is bad, WB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
7.83
11.65
3 important support areas can be observed.
- A support zone ranging from 10.87 to 10.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.17 from a trend line in the daily time frame.
- Support @7.91 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @10.88 from a trend line in the daily time frame.
- A resistance zone ranging from 11.21 to 11.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.52 to 11.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for WB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WB is down. |
| ChartMill Relative Strength | 77.19 | POSITIVE | WB has a high relative strength, it outperformed 77.19% off all stocks 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) | UP | POSITIVE | The current price of WB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.23 | NEUTRAL | The RSI value for WB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WB has a negative trend. |
| Stochastics (14,3) | 8.56 | OVERSOLD | The low Stochastics value suggests WB may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for WB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.5 | POSITIVE | The high ADX value value for WB 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)
10.88
-0.06 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.55%
1 Week-3.89%
2 Weeks-2.68%
1 Month-13.72%
3 Month14.53%
6 Month30.3%
12 Month21.43%
2 Year-8.03%
3 Year-3.89%
5 Year-73.81%
10 Year-32.51%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.37%
ATR Inc-40.89%
Range Today0.22
ADR(20)0.33
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.19
3 months CRS78.02
6 months CRS80.5
Mansfield-0.32
10 Day High11.61
10 Day Low10.83
20 Day High12.77
20 Day Low10.83
52 Week High12.96
52 Week Low7.1
CS1 End10.87
CR1 Start10.88
Volume & EV
DER(3)-4.42%
DER(5)-3.74%
Volume630.90K
Volume Incr-18.82%
Vol(5)803.36K
Vol(50)1.17M
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 3 / 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 Bullish.
What is the RSI signal for WEIBO CORP-SPON ADR (WB) stock?
WEIBO CORP-SPON ADR (WB) has an RSI value of 36.2328. 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 hold as the short term and long term trends are mixed.