WELLCHANGE HOLDINGS CO LTD-A (WCT) Stock Technical Analysis
USA - NASDAQ:WCT - KYG9545M1151 - Common Stock
Taking everything into account, WCT scores 1 out of 10 in our technical rating. WCT'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.
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
0.20
2 important support areas can be observed.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.20 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 WCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCT is down. |
| ChartMill Relative Strength | 5.45 | NEGATIVE | WCT has a low relative strength, it was outperformed by 94.55% 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.1 | NEUTRAL | The RSI value for WCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.77 | OVERSOLD | The low Stochastics value suggests WCT may be oversold. |
| Average True Range in percent/ATR (20) | 12.56 | HIGH VOLATILITY | The high ATR as a percentage value for WCT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.24 | POSITIVE | The high ADX value value for WCT suggests a strong trend. |
0.2352
+0 (+0.26%)
WELLCHANGE HOLDINGS CO LTD-A / WCT FAQ
Can you provide the ChartMill technical rating for WELLCHANGE HOLDINGS CO LTD-A?
ChartMill assigns a technical rating of 1 / 10 to WCT.
What is the trend direction for WCT stock?
The current trend direction for WELLCHANGE HOLDINGS CO LTD-A (WCT) is Bearish.
What is the RSI signal for WELLCHANGE HOLDINGS CO LTD-A (WCT) stock?
WELLCHANGE HOLDINGS CO LTD-A (WCT) has an RSI value of 34.0951. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WELLCHANGE HOLDINGS CO LTD-A?
The short term momentum for WELLCHANGE HOLDINGS CO LTD-A (WCT) is negative.
Can you provide the buy/sell signal for WELLCHANGE HOLDINGS CO LTD-A?
The buy/sell signal for WELLCHANGE HOLDINGS CO LTD-A (WCT) is sell as both the short term and long term trends are negative.