WETOUCH TECHNOLOGY INC (WETH) Technical Analysis
NASDAQ:WETH • US9618812088
Current stock price
WETH Technical Rating and Analysis
Taking everything into account, WETH scores 3 out of 10 in our technical rating. WETH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- WETH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WETH has a been trading in the 1.15 - 1.63 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, WETH turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- WETH is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, WETH did better than 41% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WETH Weekly and Daily overview Charts
WETH Setup Rating and Analysis
WETH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.37, a Stop Loss order could be placed below this zone.
More info and screens
WETH Support and Resistance Analysis
1.21
2 important support areas can be observed.
- A support zone ranging from 1.32 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.54 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.78 from a trend line in the weekly time frame.
- Resistance @1.90 from a horizontal line in the daily time frame.
- Resistance @1.97 from a horizontal line in the daily time frame.
- Resistance @2.41 from a trend line in the weekly time frame.
WETH 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 | NEUTRAL | NEUTRAL | The long term trend for WETH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WETH is neutral. |
| ChartMill Relative Strength | 48.87 | NEUTRAL | WETH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WETH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WETH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WETH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.47 | NEUTRAL | The RSI value for WETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WETH has a positive trend. |
| Stochastics (14,3) | 77.11 | NEUTRAL | The Stochastics value for WETH is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for WETH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for WETH suggests a possible start of a new trend. |
WETH Chart- and CandleStick Pattern Analysis
WETH Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:WETH (4/15/2026, 8:26:06 PM)
1.53
+0.01 (+0.33%)
WETOUCH TECHNOLOGY INC / WETH TA FAQ
What is the ChartMill technical rating of WETOUCH TECHNOLOGY INC (WETH) stock?
ChartMill assigns a technical rating of 3 / 10 to WETH.
What is the current trend direction of WETOUCH TECHNOLOGY INC (WETH) stock?
The current trend direction for WETOUCH TECHNOLOGY INC (WETH) is Bearish.
What is the RSI signal for WETH stock?
WETOUCH TECHNOLOGY INC (WETH) has an RSI value of 57.4691. This indicates that the stock is currently neutral.
What is the MACD signal for WETOUCH TECHNOLOGY INC (WETH) stock?
The MACD indicator for WETOUCH TECHNOLOGY INC (WETH) has a value of 0.032245, indicating a bearish trend.
Can you provide the support and resistance levels for WETOUCH TECHNOLOGY INC?
WETOUCH TECHNOLOGY INC (WETH) has a support level at 1.37 and a resistance level at 1.54. Check the full technical report for our detailed analysis of WETH support and resistance levels.