Wejo Group Ltd (WEJO) Technical Analysis

NASDAQ:WEJO • BMG9525W1091

Current stock price

0.045 USD
-0.02 (-31.92%)
At close:
0.05 USD
+0.01 (+11.11%)
After Hours:

WEJO Technical Rating and Analysis

0

Taking everything into account, WEJO scores 0 out of 10 in our technical rating. WEJO 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.
  • 100% of all other stocks performed better in the past year than WEJO.
  • WEJO is one of the lesser performing stocks in the Interactive Media & Services industry. 89% of 69 stocks in the same industry do better.
  • WEJO 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 WEJO is lagging the market.
  • In the last month WEJO has a been trading in the 0.04 - 0.39 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.
  • WEJO has an average volume of 3091550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

WEJO Weekly and Daily overview Charts

Wejo Group Ltd / WEJO Weekly stock chart
Wejo Group Ltd / WEJO Daily stock chart

WEJO Setup Rating and Analysis

3

The technical rating of WEJO 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.

WEJO 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for WEJO is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for WEJO is down.
ChartMill Relative Strength0.19NEGATIVEWEJO has a low relative strength, it was outperformed by 99.81% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WEJO is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of WEJO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of WEJO is below a declining SMA(200).
Relative Strength Index/RSI (14)19.27OVERSOLDThe low RSI value suggests WEJO may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests WEJO has a negative trend, although the MACD value is rising.
Stochastics (14,3)1.34OVERSOLDThe low Stochastics value suggests WEJO may be oversold.
Average True Range in percent/ATR (20)84.72HIGH VOLATILITYThe high ATR as a percentage value for WEJO suggests high volalility.
Average Directional Index/ADX (14)61.21POSITIVEThe high ADX value value for WEJO suggests a strong trend.

WEJO Chart- and CandleStick Pattern Analysis

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)

WEJO Technicals: Chart, Performance Metrics, Trend & Indicators

Wejo Group Ltd / WEJO Daily stock chart

Wejo Group Ltd

NASDAQ:WEJO (6/8/2023, 9:07:58 PM)

After market: 0.05 +0.01 (+11.11%)

0.045

-0.02 (-31.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryInteractive Media & Services
Performance
% Chg-31.92%
1 Week-54.95%
2 Weeks-85.49%
1 Month-87.72%
3 Month-90.44%
6 Month-93.89%
12 Month-97.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%84.72%
ATR Inc-54.4%
Range Today0.02
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
CRS0.19
3 months CRSN/A
6 months CRSN/A
Mansfield-9.51
10 Day High0.32
10 Day Low0.05
20 Day High0.39
20 Day Low0.05
52 Week High1.94
52 Week Low0.05
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-14.11%
DER(5)-7.6%
Volume23.39M
Volume Incr478.46%
Vol(5)17.65M
Vol(50)3.09M

Wejo Group Ltd / WEJO TA FAQ

What is the ChartMill technical rating of Wejo Group Ltd (WEJO) stock?

ChartMill assigns a technical rating of 0 / 10 to WEJO.


What is the current trend direction of Wejo Group Ltd (WEJO) stock?

The current trend direction for Wejo Group Ltd (WEJO) is Bearish.


What is the RSI signal for Wejo Group Ltd (WEJO) stock?

Wejo Group Ltd (WEJO) has an RSI value of 19.272. This indicates that the stock is currently oversold.


Can you provide the MACD signal for Wejo Group Ltd?

The MACD indicator for Wejo Group Ltd (WEJO) has a value of -0.0192008, indicating a bearish trend.