WEBUY GLOBAL LTD-CL A (WBUY) Stock Technical Analysis
NASDAQ:WBUY - Nasdaq - KYG9513S1021 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to WBUY. In the last year, WBUY was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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.
In the last month WBUY has a been trading in the 3.70 - 9.72 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.
WBUY is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. WBUY outperforms 100% of them.
WBUY has an average volume of 1921710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that WBUY is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
WBUY 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
4.10
4.27
When analyzing the support we notice one important area.
- Support @4.14 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for WBUY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBUY is down. |
| ChartMill Relative Strength | 99.95 | POSITIVE | WBUY has a high relative strength, it outperformed 99.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WBUY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WBUY is below a declining 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) | 32.97 | NEUTRAL | The RSI value for WBUY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests WBUY has a negative trend. |
| Stochastics (14,3) | 5.72 | OVERSOLD | The low Stochastics value suggests WBUY may be oversold. |
| Average True Range in percent/ATR (20) | 23.46 | HIGH VOLATILITY | The high ATR as a percentage value for WBUY suggests high volalility. |
| Average Directional Index/ADX (14) | 38.7 | 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)
4.23
+0.08 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg1.93%
1 Week-42.76%
2 Weeks-47.58%
1 Month-36.68%
3 Month3249.17%
6 Month3217.65%
12 Month1260.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%23.46%
ATR Inc123.15%
Range Today1.04
ADR(20)0.95
ADR(20)%22.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.95
Mansfield11.59
10 Day High8.54
10 Day Low3.7
20 Day High9.72
20 Day Low3.7
52 Week High28.85
52 Week Low0.11
CS1 End4.14
CR1 StartN/A
Volume & EV
DER(3)-2.61%
DER(5)-2.61%
Volume2.18M
Volume Incr-78.65%
Vol(5)558.30K
Vol(50)1.92M