WEN ACQUISITION CORP (WENNU) Stock Technical Analysis
NASDAQ:WENNU - Nasdaq - KYG9R39C1291 - Currency: USD
Overall WENNU gets a technical rating of 5 out of 10. WENNU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
WENNU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.64, a Stop Loss order could be placed below this zone.
More info and screens
10.39
We found 1 important support area.
- A support zone ranging from 10.49 to 10.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.88 to 10.88. 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 | UP | POSITIVE | The long term trend for WENNU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WENNU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WENNU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WENNU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WENNU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.75 | NEUTRAL | The RSI value for WENNU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WENNU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.99 | NEUTRAL | The Stochastics value for WENNU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for WENNU suggests some volalility. |
| Average Directional Index/ADX (14) | 50.94 | POSITIVE | The high ADX value value for WENNU suggests a strong trend. |
NASDAQ:WENNU (8/8/2025, 8:12:08 PM)
10.87
+0.28 (+2.62%)