WEIDAI LTD-ADR (WEI) Stock Technical Analysis
NYSE:WEI - New York Stock Exchange, Inc. - US94861A2078 - ADR
Overall WEI gets a technical rating of 0 out of 10. WEI'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than WEI.
WEI is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 92% are performing better than WEI.
WEI 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 WEI has a been trading in the 0.71 - 1.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WEI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for WEI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.95
1.10
3 important resistance areas can be observed.
- Resistance @0.98 from a trend line in the daily time frame.
- A resistance zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.09 to 1.09. 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 WEI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEI is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | WEI has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.69 | NEUTRAL | The RSI value for WEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WEI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.6 | NEUTRAL | The Stochastics value for WEI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.15 | HIGH VOLATILITY | The high ATR as a percentage value for WEI suggests high volalility. |
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)
NYSE:WEI (5/16/2022, 8:04:00 PM)
0.96
+0.03 (+3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg3.23%
1 Week-5.88%
2 Weeks-8.48%
1 Month-12.73%
3 Month-47.54%
6 Month-77.13%
12 Month-80.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%11.15%
ATR Inc129.39%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.07
Mansfield-6.98
10 Day High1.13
10 Day Low0.71
20 Day High1.13
20 Day Low0.71
52 Week High13.75
52 Week Low0.71
CS1 EndN/A
CR1 Start0.98
Volume & EV
DER(3)25.01%
DER(5)21.88%
Volume26.50K
Volume Incr4.9%
Vol(5)95.18K
Vol(50)543.21K