WALLBOX NV (WBX) Stock Technical Analysis
NYSE:WBX - New York Stock Exchange, Inc. - NL0015000M91 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WBX. WBX's overall performance in the market is below average. Also 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.
95% of all other stocks performed better in the past year than WBX.
WBX is one of the lesser performing stocks in the Electrical Equipment industry. 79% of 94 stocks in the same industry do better.
WBX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WBX has a been trading in the 0.23 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WBX has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.27
0.36
We found 3 important support areas.
- Support @0.32 from a trend line in the daily time frame.
- Support @0.30 from a horizontal line in the daily time frame.
- Support @0.27 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 5.76 | NEGATIVE | WBX has a low relative strength, it was outperformed by 94.24% 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) | 45.76 | NEUTRAL | The RSI value for WBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.53 | NEUTRAL | The Stochastics value for WBX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.8 | HIGH VOLATILITY | The high ATR as a percentage value for WBX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for WBX suggests a weak or negative 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)
0.32
+0.01 (+4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg4.58%
1 Week-3.06%
2 Weeks-6.1%
1 Month-1.08%
3 Month-2.29%
6 Month-27.63%
12 Month-75.57%
2 Year-90.96%
3 Year-96.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.8%
ATR Inc-53.97%
Range Today0.02
ADR(20)0.04
ADR(20)%11.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.76
Mansfield-5.94
10 Day High0.38
10 Day Low0.23
20 Day High0.38
20 Day Low0.23
52 Week High1.64
52 Week Low0.23
CS1 End0.32
CR1 Start0.34
Volume & EV
DER(3)-12.4%
DER(5)-1.39%
Volume237.10K
Volume Incr-58.53%
Vol(5)262.12K
Vol(50)429.28K