GENEDX HOLDINGS CORP (WGS) Stock Technical Analysis
USA - NASDAQ:WGS - US81663L2007 - Common Stock
121.77 USD
-5.26 (-4.14%)
122 USD
+0.23 (+0.19%)
Taking everything into account, WGS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, WGS did better than 95% of all other stocks. We also observe that the gains produced by WGS over the past year are nicely spread over this period.
WGS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 101 stocks in the same industry.
WGS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WGS is lagging the market slightly.
In the last month WGS has a been trading in the 104.49 - 132.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 132.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 118.77, a Stop Loss order could be placed below this zone.
More info and screens
58.94
133.88
We found 3 important support areas.
- A support zone ranging from 116.29 to 118.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.74 from a horizontal line in the daily time frame.
- Support @59.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 132.55 to 132.55. 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 WGS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WGS is neutral. |
| ChartMill Relative Strength | 95.37 | POSITIVE | WGS has a high relative strength, it outperformed 95.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WGS is above the rising 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) | 51.29 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests WGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.54 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for WGS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 132.56 | 116.28 | 16.28 (12.28%) | 8.14% |
| An entry @132.56. This is a Buy Stop order right above the resistance zone. | An exit @116.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 16.28 points, which is 12.28%. | For a 1.00% total portfolio risk, you can invest 8.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
121.77
-5.26 (-4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.14%
1 Week-0.28%
2 Weeks0.84%
1 Month0.25%
3 Month52.54%
6 Month9.69%
12 Month107.02%
2 Year6446.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.36
ATR(20)%6.06%
ATR Inc-0.8%
Range Today6.96
ADR(20)7.22
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.37
3 months CRS95.04
6 months CRS48.54
Mansfield2.08
10 Day High132
10 Day Low114.4
20 Day High132
20 Day Low104.49
52 Week High136
52 Week Low55.17
CS1 End118.77
CR1 Start132.55
Volume & EV
DER(3)-2.37%
DER(5)-1.79%
Volume350.20K
Volume Incr-20.69%
Vol(5)393.30K
Vol(50)544.53K