WEAVE COMMUNICATIONS INC (WEAV) Stock Technical Analysis
NYSE:WEAV • US94724R1086
Overall WEAV gets a technical rating of 0 out of 10. WEAV 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, WEAV is a bad performer in the overall market: 90% of all stocks are doing better.
- WEAV 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 WEAV has a been trading in the 5.79 - 7.15 range, which is quite wide. It is currently trading near the lows of this range.
- WEAV has an average volume of 1645280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WEAV is part of the Software industry. There are 277 other stocks in this industry, WEAV did better than 43% of them.
- Volume is considerably higher in the last couple of days.
The technical rating of WEAV is bad and it also does not present a quality setup 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
5.51
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 5.96 to 5.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.54 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.98 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.41 from a horizontal line in the daily time frame.
- Resistance @7.79 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 WEAV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEAV is down. |
| ChartMill Relative Strength | 10.22 | NEGATIVE | WEAV has a low relative strength, it was outperformed by 89.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEAV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEAV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.3 | NEUTRAL | The RSI value for WEAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WEAV has a negative trend. |
| Stochastics (14,3) | 31.62 | NEUTRAL | The Stochastics value for WEAV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for WEAV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for WEAV suggests a possible start of a new trend. |
NYSE:WEAV (2/12/2026, 3:19:08 PM)
5.57
-0.43 (-7.17%)
WEAVE COMMUNICATIONS INC / WEAV FAQ
What is the ChartMill technical rating of WEAVE COMMUNICATIONS INC (WEAV) stock?
ChartMill assigns a technical rating of 0 / 10 to WEAV.
What is the trend direction for WEAV stock?
The current trend direction for WEAVE COMMUNICATIONS INC (WEAV) is Bearish.
What is the RSI signal for WEAV stock?
WEAVE COMMUNICATIONS INC (WEAV) has an RSI value of 38.301. This indicates that the stock is currently neutral.
What is the MACD signal for WEAVE COMMUNICATIONS INC (WEAV) stock?
The MACD indicator for WEAVE COMMUNICATIONS INC (WEAV) has a value of -0.0486222, indicating a bearish trend.
What are the support and resistance levels for WEAVE COMMUNICATIONS INC (WEAV) stock?
WEAVE COMMUNICATIONS INC (WEAV) has a support level at 5.97 and a resistance level at 6.43. Check the full technical report for our detailed analysis of WEAV support and resistance levels.