WEWORK INC-CL A (WE) Technical Analysis
NYSE:WE • US96209A4013
Current stock price
WE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WE. WE'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than WE.
- WE is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, of which 96% are performing better than WE.
- WE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month WE has a been trading in the 0.82 - 2.83 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.
- WE has an average volume of 8324410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WE Weekly and Daily overview Charts
WE Setup Rating and Analysis
The technical rating of WE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WE Support and Resistance Analysis
0.83
2 important resistance areas can be observed.
- Resistance @1.48 from a trend line in the daily time frame.
- Resistance @1.54 from a trend line in the daily time frame.
WE Technical Indicator Signal Analysis
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 WE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WE is down. |
| ChartMill Relative Strength | 0.14 | NEGATIVE | WE has a low relative strength, it was outperformed by 99.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.15 | OVERSOLD | The low RSI value suggests WE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WE has a negative trend. |
| Stochastics (14,3) | 4.56 | OVERSOLD | The low Stochastics value suggests WE may be oversold. |
| Average True Range in percent/ATR (20) | 43.02 | HIGH VOLATILITY | The high ATR as a percentage value for WE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for WE suggests a weak or negative trend. |
WE Chart- and CandleStick Pattern Analysis
WE Technicals: Chart, Performance Metrics, Trend & Indicators
0.8355
-0.27 (-24.73%)
WEWORK INC-CL A / WE TA FAQ
What is the technical rating for WE stock?
ChartMill assigns a technical rating of 0 / 10 to WE.
What is the current trend direction of WEWORK INC-CL A (WE) stock?
The current trend direction for WEWORK INC-CL A (WE) is Bearish.
What is the RSI signal for WE stock?
WEWORK INC-CL A (WE) has an RSI value of 26.1484. This indicates that the stock is currently oversold.
Can you provide the short term momentum for WEWORK INC-CL A?
The short term momentum for WEWORK INC-CL A (WE) is negative.
Can you provide the buy/sell signal for WEWORK INC-CL A?
The buy/sell signal for WEWORK INC-CL A (WE) is sell as both the short term and long term trends are negative.