WETOUCH TECHNOLOGY INC (WETH) Stock Technical Analysis
NASDAQ:WETH - Nasdaq - US9618812088 - Common Stock - Currency: USD
Taking everything into account, WETH scores 0 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than WETH.
WETH is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 90% of 125 stocks in the same industry do better.
WETH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WETH has a been trading in the 0.77 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WETH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.92
1.10
When analyzing the support we notice one important area.
- A support zone ranging from 0.93 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.09 from a horizontal line in the daily time frame.
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 WETH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WETH is neutral. |
| ChartMill Relative Strength | 4.39 | NEGATIVE | WETH has a low relative strength, it was outperformed by 95.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WETH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WETH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WETH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for WETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WETH has a positive trend. |
| Stochastics (14,3) | 36.61 | NEUTRAL | The Stochastics value for WETH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.77 | HIGH VOLATILITY | The high ATR as a percentage value for WETH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for WETH suggests a weak or negative trend. |
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)
NASDAQ:WETH (7/15/2025, 4:00:05 PM)
0.9596
+0.03 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.96%
1 Week3.18%
2 Weeks1.03%
1 Month-0.87%
3 Month-20.4%
6 Month-42.19%
12 Month-56.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.77%
ATR Inc-7.95%
Range Today0.09
ADR(20)0.08
ADR(20)%8.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.39
Mansfield-3.92
10 Day High1.05
10 Day Low0.89
20 Day High1.08
20 Day Low0.77
52 Week High2.96
52 Week Low0.76
CS1 End0.93
CR1 Start0.94
Volume & EV
DER(3)-0.35%
DER(5)2.74%
Volume108.25K
Volume Incr1.69%
Vol(5)52.77K
Vol(50)44.98K