WEIBO CORP-SPON ADR (WB) Stock Technical Analysis
NASDAQ:WB - Nasdaq - US9485961018 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to WB. In the past year, WB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
WB is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 71% of 70 stocks in the same industry.
WB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WB has an average volume of 1691300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WB turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
WB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WB is lagging the market slightly.
WB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.72, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.06
11.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.66 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.41 from a horizontal line in the daily time frame.
- Support @7.67 from a trend line in the weekly time frame.
- Support @7.13 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.20 to 9.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.65 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.07 to 11.20. 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 | NEUTRAL | NEUTRAL | The long term trend for WB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WB is up. |
| ChartMill Relative Strength | 41.43 | NEUTRAL | WB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.58 | NEUTRAL | The RSI value for WB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.39 | NEUTRAL | The Stochastics value for WB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for WB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for WB 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)
NASDAQ:WB (5/30/2025, 3:57:37 PM)
9.045
-0.17 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.79%
1 Week4.9%
2 Weeks5.62%
1 Month13.7%
3 Month-7.99%
6 Month-4.06%
12 Month4.07%
2 Year-34.07%
3 Year-58.14%
5 Year-70.07%
10 Year-41.89%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.02%
ATR Inc-52.74%
Range Today0.08
ADR(20)0.24
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.43
Mansfield-0.06
10 Day High9.6
10 Day Low8.34
20 Day High9.6
20 Day Low8.05
52 Week High12.4
52 Week Low7.03
CS1 End8.72
CR1 Start9.27
Volume & EV
DER(3)0.92%
DER(5)3.55%
Volume997.21K
Volume Incr117.13%
Vol(5)2.13M
Vol(50)1.69M