GENEDX HOLDINGS CORP (WGS) Technical Analysis
NASDAQ:WGS • US81663L2007
Current stock price
WGS Technical Rating and Analysis
Overall WGS gets a technical rating of 0 out of 10. WGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WGS is a bad performer in the overall market: 91% of all stocks are doing better.
- WGS is one of the lesser performing stocks in the Health Care Providers & Services industry. 75% of 101 stocks in the same industry do better.
- WGS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WGS is lagging the market.
- In the last month WGS has a been trading in the 68.55 - 95.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WGS Weekly and Daily overview Charts
WGS Setup Rating and Analysis
WGS 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
WGS Support and Resistance Analysis
73.46
We found 2 important support areas.
- Support @77.77 from a horizontal line in the weekly time frame.
- A support zone ranging from 74.20 to 74.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @91.88 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 | 9.73 | NEGATIVE | WGS has a low relative strength, it was outperformed by 90.27% 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) | UP | MIXED | The current price of WGS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests WGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.34 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.36 | 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
77.78
+0.93 (+1.21%)
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 WGS stock?
GENEDX HOLDINGS CORP (WGS) has an RSI value of 40.2191. 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 77.77 and a resistance level at 91.88. Check the full technical report for our detailed analysis of WGS support and resistance levels.