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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than WCT.
- WCT is one of the lesser performing stocks in the Software industry. 85% of 277 stocks in the same industry do better.
- WCT 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 WCT has a been trading in the 0.15 - 0.22 range, which is quite wide. It is currently trading near the lows of this range.
WCT has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.16
We found 1 important support area.
- Support @0.16 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a horizontal 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 | 2.39 | NEGATIVE | WCT has a low relative strength, it was outperformed by 97.61% 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) | 31.76 | 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. |
| Stochastics (14,3) | 13.02 | OVERSOLD | The low Stochastics value suggests WCT may be oversold. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for WCT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.07 | POSITIVE | The high ADX value value for WCT suggests a strong trend. |
0.1571
+0 (+2.15%)
WELLCHANGE HOLDINGS CO LTD-A / WCT FAQ
What is the ChartMill technical rating of WELLCHANGE HOLDINGS CO LTD-A (WCT) stock?
ChartMill assigns a technical rating of 0 / 10 to WCT.
What is the current trend direction of WELLCHANGE HOLDINGS CO LTD-A (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 31.7608. This indicates that the stock is currently neutral.
What is the short term momentum for WELLCHANGE HOLDINGS CO LTD-A (WCT) stock?
The short term momentum for WELLCHANGE HOLDINGS CO LTD-A (WCT) is negative.
What is the buy/sell signal for WCT stock?
The buy/sell signal for WELLCHANGE HOLDINGS CO LTD-A (WCT) is sell as both the short term and long term trends are negative.