Wejo Group Ltd (WEJO) Technical Analysis
NASDAQ:WEJO • BMG9525W1091
Current stock price
WEJO Technical Rating and Analysis
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 Setup Rating and Analysis
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.
More info and screens
WEJO Support and Resistance Analysis
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WEJO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEJO is down. |
| ChartMill Relative Strength | 0.19 | NEGATIVE | WEJO has a low relative strength, it was outperformed by 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEJO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEJO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEJO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.27 | OVERSOLD | The low RSI value suggests WEJO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WEJO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.34 | OVERSOLD | The low Stochastics value suggests WEJO may be oversold. |
| Average True Range in percent/ATR (20) | 84.72 | HIGH VOLATILITY | The high ATR as a percentage value for WEJO suggests high volalility. |
| Average Directional Index/ADX (14) | 61.21 | POSITIVE | The high ADX value value for WEJO suggests a strong trend. |
WEJO Chart- and CandleStick Pattern Analysis
WEJO Technicals: Chart, Performance Metrics, Trend & Indicators
0.045
-0.02 (-31.92%)
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.