Taking everything into account, WGS scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although WGS has an excellent technical rating, the quality of the presented setup is not ideal 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
125.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 130.37 to 132.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 126.92 to 127.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.56 to 137.17. This zone is formed by a combination of multiple trend lines and important moving averages 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 WGS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGS is down. |
| ChartMill Relative Strength | 88.11 | POSITIVE | WGS has a high relative strength, it outperformed 88.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WGS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.86 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests WGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.06 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for WGS suggests a possible start of a new trend. |
136.55
+0.75 (+0.55%)
GENEDX HOLDINGS CORP / WGS FAQ
Can you provide the ChartMill technical rating for GENEDX HOLDINGS CORP?
ChartMill assigns a technical rating of 7 / 10 to WGS.
What is the trend direction for WGS stock?
The current trend direction for GENEDX HOLDINGS CORP (WGS) is Bullish.
What is the RSI signal for WGS stock?
GENEDX HOLDINGS CORP (WGS) has an RSI value of 45.8623. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GENEDX HOLDINGS CORP?
The short term momentum for GENEDX HOLDINGS CORP (WGS) is negative.
What are the support and resistance levels for GENEDX HOLDINGS CORP (WGS) stock?
GENEDX HOLDINGS CORP (WGS) has a support level at 132.88 and a resistance level at 136.56. Check the full technical report for our detailed analysis of WGS support and resistance levels.