Overall WCT gets a technical rating of 0 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.
Although the technical rating is bad, WCT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.21
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 @0.21 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 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 | 9.73 | NEGATIVE | WCT has a low relative strength, it was outperformed by 90.27% 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) | DOWN | NEGATIVE | The current price of WCT is below a declining 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) | 42.21 | 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) | 45.72 | NEUTRAL | The Stochastics value for WCT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for WCT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for WCT suggests a weak or negative trend. |
0.2402
0 (-2%)
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 0 / 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 42.2113. 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.