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500Wan.com Ltd (WBAI) Stock Technical Analysis

USA - New York Stock Exchange - NYSE:WBAI -

14.2
-1.58 (-10.01%)
Last: 4/19/2021, 8:04:00 PM
Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to WBAI. 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.

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Weekly and Daily overview Charts
500Wan.com Ltd / WBAI Weekly stock chart
500Wan.com Ltd / WBAI Daily stock chart
Setup Rating and Analysis

2

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.

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Support and Resistance Analysis

14.06

25.14

We can see 3 important resistance areas.

  • 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.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WBAI is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for WBAI is down.
ChartMill Relative Strength92.93POSITIVEWBAI has a high relative strength, it outperformed 92.93% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WBAI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of WBAI is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WBAI is above the rising SMA(200).
Relative Strength Index/RSI (14)32.47NEUTRALThe RSI value for WBAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.64NEGATIVEThe MACD value suggests WBAI has a negative trend.
Stochastics (14,3)11.89OVERSOLDThe low Stochastics value suggests WBAI may be oversold.
Average True Range in percent/ATR (20)14.16HIGH VOLATILITYThe high ATR as a percentage value for WBAI suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

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500Wan.com Ltd / WBAI Daily stock chart

500Wan.com Ltd

NYSE:WBAI (4/19/2021, 8:04:00 PM)

14.2

-1.58 (-10.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.01%
1 Week-21.29%
2 Weeks-29.49%
1 Month-42.97%
3 Month6.29%
6 Month381.36%
12 Month248.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%14.16%
ATR Inc33.57%
Range Today1.77
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.93
3 months CRSN/A
6 months CRSN/A
Mansfield5.94
10 Day High20.85
10 Day Low12.96
20 Day High25.5
20 Day Low12.96
52 Week High35
52 Week Low2.51
CS1 EndN/A
CR1 Start20.12
Volume & EV
DER(3)-6.56%
DER(5)-7.36%
Volume273.60K
Volume Incr-41.11%
Vol(5)368.17K
Vol(50)924.21K

500Wan.com Ltd / WBAI 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 WBAI stock?

500Wan.com Ltd (WBAI) has an RSI value of 32.4695. This indicates that the stock is currently neutral.


What is the short term momentum for 500Wan.com Ltd (WBAI) stock?

The short term momentum for 500Wan.com Ltd (WBAI) is negative.


Can you provide the support and resistance levels for 500Wan.com Ltd?

500Wan.com Ltd (WBAI) has a resistance level at 20.12. Check the full technical report for our detailed analysis of WBAI support and resistance levels.