WEBUS INTERNATIONAL LTD (WETO) Stock Technical Analysis
NASDAQ:WETO - Nasdaq - KYG9513A1013 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to WETO. In the last year, WETO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, WETO is a bad performer in the overall market: 100% of all stocks are doing better.
WETO is part of the Ground Transportation industry. There are 40 other stocks in this industry, of which 89% are performing better than WETO.
In the last month WETO has a been trading in the 2.24 - 4.30 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.
Warning: WETO has an average volume of 27008 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
The technical rating of WETO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.00
2.27
We found 1 important resistance area.
- A resistance zone ranging from 2.23 to 2.25. 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 WETO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WETO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WETO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WETO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WETO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 21.84 | OVERSOLD | The low RSI value suggests WETO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests WETO has a negative trend. |
| Stochastics (14,3) | 2.77 | OVERSOLD | The low Stochastics value suggests WETO may be oversold. |
| Average True Range in percent/ATR (20) | 11.9 | HIGH VOLATILITY | The high ATR as a percentage value for WETO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.1 | POSITIVE | The high ADX value value for WETO suggests a strong 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:WETO (5/23/2025, 11:26:14 AM)
2.02
-0.22 (-9.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-9.82%
1 Week-44%
2 Weeks-44.14%
1 Month-45.23%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%11.9%
ATR Inc163.49%
Range Today0.12
ADR(20)0.23
ADR(20)%11.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.1
10 Day Low2.24
20 Day High4.3
20 Day Low2.24
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.97%
DER(5)-1.71%
Volume24.63K
Volume Incr49.77%
Vol(5)28.74K
Vol(50)27.01K