GENEDX HOLDINGS CORP (WGS) Stock Technical Analysis
NASDAQ:WGS - Nasdaq - US81663L2007 - Common Stock - Currency: USD
Taking everything into account, WGS scores 5 out of 10 in our technical rating. Although WGS is scoring some points because its good overall performance in the market in the past year, 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.
WGS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 90% of 102 stocks in the same industry.
WGS has an average volume of 1204380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WGS did better than 93% of all other stocks. On top of that, WGS also shows a nice and consistent pattern of rising prices. However, WGS's most recent performance is quite weak.
WGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WGS is lagging the market.
In the last month WGS has a been trading in the 58.28 - 76.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WGS has an average technical rating and it also does not offer a high 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
55.50
74.87
4 important support areas can be observed.
- Support @66.36 from a horizontal line in the daily time frame.
- Support @62.85 from a trend line in the weekly time frame.
- A support zone ranging from 59.14 to 60.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.06 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 70.11 to 72.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @74.13 from a horizontal 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 | 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 | 93.99 | POSITIVE | WGS has a high relative strength, it outperformed 93.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WGS is below the rising 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) | 41.93 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests WGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.17 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.15 | 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)
66.37
-3.95 (-5.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-5.62%
1 Week-4.05%
2 Weeks-5.16%
1 Month11.64%
3 Month-32.6%
6 Month-12.01%
12 Month130.61%
2 Year1013.59%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.99
ATR(20)%6.55%
ATR Inc15.06%
Range Today6.83
ADR(20)4.3
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield-0.32
10 Day High76.21
10 Day Low63.3
20 Day High76.21
20 Day Low58.28
52 Week High117.75
52 Week Low24.91
CS1 End66.36
CR1 Start70.11
Volume & EV
DER(3)-2.61%
DER(5)-1.92%
Volume1.35M
Volume Incr-25.63%
Vol(5)751.24K
Vol(50)1.20M