WEBUS INTERNATIONAL LTD (WETO) Stock Technical Analysis
NASDAQ:WETO - Nasdaq - KYG9513A1013 - Common Stock - Currency: USD
Overall WETO gets a technical rating of 0 out of 10. WETO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 1.50 - 4.18 range, which is quite wide. It is currently trading near the lows of this range.
WETO has an average volume of 1789060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
WETO has a poor technical rating and the quality of the setup is also 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.
More info and screens
1.79
2.09
When analyzing the resistance we notice one important area.
- Resistance @2.07 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for WETO is neutral. |
| 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) | 36.57 | NEUTRAL | The RSI value for WETO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WETO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.33 | OVERSOLD | The low Stochastics value suggests WETO may be oversold. |
| Average True Range in percent/ATR (20) | 19.59 | HIGH VOLATILITY | The high ATR as a percentage value for WETO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.85 | NEUTRAL | The ADX value for WETO suggests a possible start of a new 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)
1.81
+0.09 (+5.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg5.23%
1 Week-2.16%
2 Weeks-21.3%
1 Month-36.93%
3 Month-53.59%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%19.59%
ATR Inc-46.58%
Range Today0.28
ADR(20)0.34
ADR(20)%18.96%
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 High4.18
10 Day Low1.5
20 Day High4.18
20 Day Low1.5
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start2.07
Volume & EV
DER(3)7.87%
DER(5)1.29%
Volume342.30K
Volume Incr-90.07%
Vol(5)229.48K
Vol(50)1.79M