WEWORK INC -CW26 (WE.W)

US98459U1034

0.0071  0 (-28.28%)

Technical Rating and Analysis

0

Taking everything into account, WE.W scores 0 out of 10 in our technical rating. WE.W 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, WE.W is a bad performer in the overall market: 100% of all stocks are doing better.
WE.W is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so WE.W is lagging the market.
In the last month WE.W has a been trading in the 0.01 - 0.05 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
WE.W Weekly chart
WE.W Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, WE.W does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.01

0.02

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
Mansfield-9.63
10 Day High0.04
10 Day Low0.01
20 Day High0.05
20 Day Low0.01
52 Week High0.8
52 Week Low0.01
Performance
1 Week-54.49%
2 Weeks-63.02%
1 Month-59.2%
3 Month-64.5%
6 Month-96.06%
12 Month-98.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)39.4
LBB0.01
UBB0.03
WE.W Daily chart

WEWORK INC -CW26

NYSE:WE.W (8/21/2023, 7:13:02 PM)

0.0071

0 (-28.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-28.28%
1 Week-54.49%
2 Weeks-63.02%
1 Month-59.2%
3 Month-64.5%
6 Month-96.06%
12 Month-98.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%150.85%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.04
10 Day Low0.01
20 Day High0.05
20 Day Low0.01
52 Week High0.8
52 Week Low0.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume103.60K
Volume Incr207.6%
Vol(5)136.68K
Vol(50)40.86K