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WETOUCH TECHNOLOGY INC (WETH) Stock Technical Analysis

USA - NASDAQ:WETH - US9618812088 - Common Stock

2.06 USD
-0.21 (-9.25%)
Last: 11/20/2025, 8:00:02 PM
2 USD
-0.06 (-2.91%)
After Hours: 11/20/2025, 8:00:02 PM
Technical Rating and Analysis

7

Taking everything into account, WETH scores 7 out of 10 in our technical rating. In the last year, WETH was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month WETH has a been trading in the 1.81 - 3.68 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
WETH is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 123 stocks in the same industry.
Looking at the yearly performance, WETH did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
WETH is currently trading in the middle 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 slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WETOUCH TECHNOLOGY INC / WETH Weekly stock chart
WETOUCH TECHNOLOGY INC / WETH Daily stock chart
Setup Rating and Analysis

4

WETH has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

0.81

2.08

3 important support areas can be observed.

  • Support @1.65 from a trend line in the daily time frame.
  • Support @1.41 from a trend line in the daily time frame.
  • Support @0.82 from a horizontal line in the weekly time frame.

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 IndicatorUPPOSITIVEThe long term trend for WETH is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for WETH is neutral.
ChartMill Relative Strength96.55POSITIVEWETH has a high relative strength, it outperformed 96.55% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WETH is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WETH is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WETH is above the rising SMA(200).
Relative Strength Index/RSI (14)45.98NEUTRALThe RSI value for WETH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.09NEGATIVEThe MACD value suggests WETH has a negative trend.
Stochastics (14,3)17.6OVERSOLDThe low Stochastics value suggests WETH may be oversold.
Average True Range in percent/ATR (20)21.47HIGH VOLATILITYThe high ATR as a percentage value for WETH suggests high volalility.
Average Directional Index/ADX (14)27.35POSITIVEThe high ADX value value for WETH suggests a strong trend.
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)
WETOUCH TECHNOLOGY INC / WETH Daily stock chart

WETOUCH TECHNOLOGY INC

NASDAQ:WETH (11/20/2025, 8:00:02 PM)

After market: 2 -0.06 (-2.91%)

2.06

-0.21 (-9.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-9.25%
1 Week-18.25%
2 Weeks-13.08%
1 Month-9.25%
3 Month136.81%
6 Month110.63%
12 Month16.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%21.47%
ATR Inc-27.78%
Range Today0.38
ADR(20)0.44
ADR(20)%21.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.55
3 months CRS99.16
6 months CRS96.81
Mansfield4.13
10 Day High2.97
10 Day Low2.01
20 Day High3.68
20 Day Low1.81
52 Week High3.68
52 Week Low0.76
CS1 End1.65
CR1 StartN/A
Volume & EV
DER(3)-2.2%
DER(5)-0.47%
Volume131.20K
Volume Incr-71.96%
Vol(5)132.30K
Vol(50)324.83K

WETOUCH TECHNOLOGY INC / WETH FAQ

What is the ChartMill technical rating of WETOUCH TECHNOLOGY INC (WETH) stock?

ChartMill assigns a technical rating of 7 / 10 to WETH.


Can you provide the trend direction for WETOUCH TECHNOLOGY INC?

The current trend direction for WETOUCH TECHNOLOGY INC (WETH) is Bullish.


Can you provide the RSI signal for WETOUCH TECHNOLOGY INC?

WETOUCH TECHNOLOGY INC (WETH) has an RSI value of 45.977. 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 -0.0860094, 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 1.65. Check the full technical report for our detailed analysis of WETH support and resistance levels.