GENEDX HOLDINGS CORP (WGS) Technical Analysis
NASDAQ:WGS • US81663L2007
Current stock price
WGS Technical Rating and Analysis
Taking everything into account, WGS scores 0 out of 10 in our technical rating. WGS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than WGS.
- WGS is one of the lesser performing stocks in the Health Care Providers & Services industry. 83% of 100 stocks in the same industry do better.
- WGS 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 WGS has a been trading in the 55.18 - 80.00 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.
WGS Weekly and Daily overview Charts
WGS Setup Rating and Analysis
The technical rating of WGS is bad and it also does not present a quality setup 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
WGS Support and Resistance Analysis
56.51
When analyzing the support we notice one important area.
- A support zone ranging from 57.08 to 57.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 62.75 to 63.14. 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 66.20 to 67.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @70.17 from a trend line in the daily time frame.
WGS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGS is down. |
| ChartMill Relative Strength | 5.98 | NEGATIVE | WGS has a low relative strength, it was outperformed by 94.02% 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) | DOWN | NEGATIVE | The current price of WGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WGS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.24 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests WGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.61 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 40.29 | POSITIVE | The high ADX value value for WGS suggests a strong trend. |
WGS Chart- and CandleStick Pattern Analysis
WGS Technicals: Chart, Performance Metrics, Trend & Indicators
59.62
-0.43 (-0.72%)
GENEDX HOLDINGS CORP / WGS TA FAQ
Can you provide the ChartMill technical rating for GENEDX HOLDINGS CORP?
ChartMill assigns a technical rating of 0 / 10 to WGS.
What is the trend direction for WGS stock?
The current trend direction for GENEDX HOLDINGS CORP (WGS) is Bearish.
What is the RSI signal for GENEDX HOLDINGS CORP (WGS) stock?
GENEDX HOLDINGS CORP (WGS) has an RSI value of 34.2431. This indicates that the stock is currently neutral.
What is the MACD signal for GENEDX HOLDINGS CORP (WGS) stock?
The MACD indicator for GENEDX HOLDINGS CORP (WGS) has a value of 0.34526, indicating a bearish trend.
What is the buy/sell signal for GENEDX HOLDINGS CORP (WGS) stock?
The buy/sell signal for GENEDX HOLDINGS CORP (WGS) is sell as both the short term and long term trends are negative.