WEBUY GLOBAL LTD-CL A (WBUY) Stock Technical Analysis
NASDAQ:WBUY - Nasdaq - KYG9513S1021 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to WBUY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WBUY is showing a nice and steady performance.
WBUY 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.
Both the short term and long term trends are positive. This is a very positive sign.
WBUY is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 97% of 40 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WBUY has an average volume of 3150630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WBUY did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month WBUY has a been trading in the 4.53 - 9.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WBUY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.26
8.42
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 WBUY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBUY is up. |
| ChartMill Relative Strength | 99.97 | POSITIVE | WBUY has a high relative strength, it outperformed 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBUY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBUY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBUY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for WBUY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WBUY has a positive trend. |
| Stochastics (14,3) | 53.7 | NEUTRAL | The Stochastics value for WBUY is a neutral value. |
| Average True Range in percent/ATR (20) | 14.83 | HIGH VOLATILITY | The high ATR as a percentage value for WBUY suggests high volalility. |
| Average Directional Index/ADX (14) | 55.16 | POSITIVE | The high ADX value value for WBUY 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)
8.34
+0.34 (+4.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg4.25%
1 Week39.23%
2 Weeks39%
1 Month76.32%
3 Month4654.85%
6 Month6032.35%
12 Month1937.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%14.83%
ATR Inc-7.1%
Range Today0.53
ADR(20)1.1
ADR(20)%13.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.97
Mansfield47.3
10 Day High9.78
10 Day Low5.25
20 Day High9.94
20 Day Low4.53
52 Week High28.85
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.97%
DER(5)0.91%
Volume281.00K
Volume Incr365.88%
Vol(5)9.37M
Vol(50)3.15M