500Wan.com Ltd (WBAI) Technical Analysis
NYSE:WBAI
Current stock price
WBAI Technical Rating and Analysis
Taking everything into account, WBAI scores 4 out of 10 in our technical rating. In the last year, WBAI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month WBAI has a been trading in the 12.96 - 25.50 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.
- 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.
- When comparing the yearly performance of all stocks, we notice that WBAI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- WBAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WBAI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
WBAI Weekly and Daily overview Charts
WBAI Setup Rating and Analysis
WBAI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WBAI Support and Resistance Analysis
14.06
3 important resistance areas can be observed.
- Resistance @20.12 from a trend line in the daily time frame.
- Resistance @23.06 from a trend line in the daily time frame.
- Resistance @24.89 from a horizontal line in the daily time frame.
WBAI Technical Indicator Signal Analysis
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 WBAI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBAI is down. |
| ChartMill Relative Strength | 92.93 | POSITIVE | WBAI has a high relative strength, it outperformed 92.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WBAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WBAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.47 | NEUTRAL | The RSI value for WBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests WBAI has a negative trend. |
| Stochastics (14,3) | 11.89 | OVERSOLD | The low Stochastics value suggests WBAI may be oversold. |
| Average True Range in percent/ATR (20) | 14.16 | HIGH VOLATILITY | The high ATR as a percentage value for WBAI suggests high volalility. |
WBAI Chart- and CandleStick Pattern Analysis
WBAI Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WBAI (4/19/2021, 8:04:00 PM)
14.2
-1.58 (-10.01%)
500Wan.com Ltd / WBAI TA FAQ
Can you provide the ChartMill technical rating for 500Wan.com Ltd?
ChartMill assigns a technical rating of 3 / 10 to WBAI.
What is the current trend direction of 500Wan.com Ltd (WBAI) stock?
The current trend direction for 500Wan.com Ltd (WBAI) is Bullish.
What is the RSI signal for 500Wan.com Ltd (WBAI) stock?
500Wan.com Ltd (WBAI) has an RSI value of 32.4695. This indicates that the stock is currently neutral.
Can you provide the MACD signal for 500Wan.com Ltd?
The MACD indicator for 500Wan.com Ltd (WBAI) has a value of -0.64225, indicating a bearish trend.
What is the buy/sell signal for WBAI stock?
The buy/sell signal for 500Wan.com Ltd (WBAI) is hold as the short term and long term trends are mixed.