WEBUY GLOBAL LTD-CL A (WBUY) Stock Technical Analysis
NASDAQ:WBUY - KYG9513S1021 - Common Stock
3.02 USD
-0.13 (-4.13%)
2.95 USD
-0.07 (-2.32%)
Taking everything into account, WBUY scores 2 out of 10 in our technical rating. Although WBUY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 2.74 - 3.78 range, which is quite wide. It is currently trading near the lows of this range.
WBUY is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 100% of 40 stocks in the same industry.
WBUY has an average volume of 1164670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that WBUY is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WBUY does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for WBUY 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
2.71
3.21
3 important support areas can be observed.
- Support @2.96 from a trend line in the daily time frame.
- Support @2.91 from a horizontal line in the weekly time frame.
- Support @2.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.18 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 | DOWN | NEGATIVE | The long term trend for WBUY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBUY is down. |
| ChartMill Relative Strength | 97.64 | POSITIVE | WBUY has a high relative strength, it outperformed 97.64% 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) | 34.76 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 55.46 | NEUTRAL | The Stochastics value for WBUY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for WBUY suggests high volalility. |
| Average Directional Index/ADX (14) | 23.82 | NEUTRAL | The ADX value for WBUY 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)
3.02
-0.13 (-4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-4.13%
1 Week3.42%
2 Weeks-2.89%
1 Month-13.71%
3 Month-42.03%
6 Month1532.43%
12 Month302.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%7.96%
ATR Inc15.22%
Range Today0.3
ADR(20)0.23
ADR(20)%7.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.64
Mansfield3.99
10 Day High3.35
10 Day Low2.74
20 Day High3.78
20 Day Low2.74
52 Week High28.85
52 Week Low0.11
CS1 End2.96
CR1 Start3.18
Volume & EV
DER(3)2.83%
DER(5)4.79%
Volume66.80K
Volume Incr-69.86%
Vol(5)70.08K
Vol(50)1.16M