WETOUCH TECHNOLOGY INC (WETH) Technical Analysis
NASDAQ:WETH • US9618812088
Current stock price
1.42 USD
-0.01 (-0.7%)
Last:
WETH Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WETH. WETH'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.
- When comparing the yearly performance of all stocks, WETH is a bad performer in the overall market: 74% of all stocks are doing better.
- WETH is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 64% are performing better than WETH.
- WETH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WETH is lagging the market.
- WETH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Considerably lower volume is observed in the last couple of days.
WETH Weekly and Daily overview Charts
WETH Setup Rating and Analysis
The technical rating of WETH 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
WETH Support and Resistance Analysis
1.37
2.47
2 important support areas can be observed.
- Support @1.41 from a trend line in the daily time frame.
- Support @1.38 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @1.72 from a trend line in the daily 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 @2.45 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 | DOWN | NEGATIVE | The short term trend for WETH is down. |
| ChartMill Relative Strength | 26.69 | NEGATIVE | WETH has a low relative strength, it was outperformed by 73.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WETH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WETH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WETH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.84 | NEUTRAL | The RSI value for WETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WETH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.77 | OVERSOLD | The low Stochastics value suggests WETH may be oversold. |
| Average True Range in percent/ATR (20) | 9.97 | HIGH VOLATILITY | The high ATR as a percentage value for WETH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for WETH suggests a possible start of a new trend. |
WETH 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)
WETH Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:WETH (3/13/2026, 8:03:18 PM)
1.42
-0.01 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.7%
1 Week2.16%
2 Weeks-13.41%
1 Month-16.96%
3 Month-19.32%
6 Month18.33%
12 Month5.19%
2 Year-36.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%9.97%
ATR Inc-42.94%
Range Today0.11
ADR(20)0.14
ADR(20)%9.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.69
3 months CRS19.36
6 months CRS86
Mansfield-0.11
10 Day High1.7
10 Day Low1.35
20 Day High2.1
20 Day Low1.35
52 Week High3.68
52 Week Low0.76
CS1 End1.41
CR1 Start1.46
Volume & EV
DER(3)-17.13%
DER(5)-15.1%
Volume19.30K
Volume Incr-57.72%
Vol(5)21.70K
Vol(50)47.12K
WETOUCH TECHNOLOGY INC / WETH TA FAQ
What is the ChartMill technical rating of WETOUCH TECHNOLOGY INC (WETH) stock?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for WETOUCH TECHNOLOGY INC?
WETOUCH TECHNOLOGY INC (WETH) has an RSI value of 35.8391. This indicates that the stock is currently neutral.
What is the MACD signal for WETH stock?
The MACD indicator for WETOUCH TECHNOLOGY INC (WETH) has a value of -0.0244073, indicating a bearish trend.