WALLBOX NV (WBX) Technical Analysis
NYSE:WBX • NL0015002J03
Current stock price
WBX Technical Rating and Analysis
Taking everything into account, WBX scores 0 out of 10 in our technical rating. WBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WBX is a bad performer in the overall market: 91% of all stocks are doing better.
- WBX is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 80% are performing better than WBX.
- WBX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WBX is lagging the market.
- In the last month WBX has a been trading in the 2.52 - 3.51 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: WBX has an average volume of 15849 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
WBX Weekly and Daily overview Charts
WBX Setup Rating and Analysis
WBX has a poor technical rating and the quality of the setup is also only medium 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
WBX Support and Resistance Analysis
2.57
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.80 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.89 from a trend line in the weekly time frame.
WBX 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 | DOWN | NEGATIVE | The long term trend for WBX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBX is down. |
| ChartMill Relative Strength | 9.31 | NEGATIVE | WBX has a low relative strength, it was outperformed by 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WBX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.24 | NEUTRAL | The RSI value for WBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.59 | OVERSOLD | The low Stochastics value suggests WBX may be oversold. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for WBX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for WBX suggests a possible start of a new trend. |
WBX Chart- and CandleStick Pattern Analysis
WBX Technicals: Chart, Performance Metrics, Trend & Indicators
2.6
+0.02 (+0.78%)
WALLBOX NV / WBX TA FAQ
Can you provide the ChartMill technical rating for WALLBOX NV?
ChartMill assigns a technical rating of 0 / 10 to WBX.
What is the current trend direction of WALLBOX NV (WBX) stock?
The current trend direction for WALLBOX NV (WBX) is Bearish.
What is the RSI signal for WBX stock?
WALLBOX NV (WBX) has an RSI value of 37.2376. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for WALLBOX NV?
The buy/sell signal for WALLBOX NV (WBX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for WALLBOX NV?
WALLBOX NV (WBX) has a resistance level at 2.8. Check the full technical report for our detailed analysis of WBX support and resistance levels.