WELLCHANGE HOLDINGS CO LTD (WCT) Stock Technical Analysis
NASDAQ:WCT - Nasdaq - KYG9545M1151 - Common Stock - Currency: USD
Overall WCT gets a technical rating of 1 out of 10. WCT 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, WCT is a bad performer in the overall market: 100% of all stocks are doing better.
WCT is one of the lesser performing stocks in the Software industry. 90% of 284 stocks in the same industry do better.
In the last month WCT has a been trading in the 0.24 - 0.33 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.
WCT has an average volume of 8140190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
WCT 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
0.24
0.29
We found 1 important resistance area.
- Resistance @0.29 from a trend 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 WCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WCT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WCT is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 38.21 | NEUTRAL | The RSI value for WCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.85 | OVERSOLD | The low Stochastics value suggests WCT may be oversold. |
| Average True Range in percent/ATR (20) | 10.46 | HIGH VOLATILITY | The high ATR as a percentage value for WCT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.92 | NEGATIVE | The low ADX value for WCT 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)
0.246
-0.02 (-6.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.75%
1 Week-14.73%
2 Weeks-8.38%
1 Month-14.88%
3 Month-55.27%
6 Month-79.5%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.46%
ATR Inc-9.07%
Range Today0.03
ADR(20)0.03
ADR(20)%10.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.31
10 Day Low0.24
20 Day High0.33
20 Day Low0.24
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.29
Volume & EV
DER(3)11.21%
DER(5)2.61%
Volume524.00K
Volume Incr-65.87%
Vol(5)402.96K
Vol(50)8.14M