GENEDX HOLDINGS CORP (WGS) Stock Technical Analysis
NASDAQ:WGS - Nasdaq - US81663L2007 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to WGS. WGS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 93% of all other stocks. On top of that, WGS also shows a nice and consistent pattern of rising prices.
WGS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 91% of 103 stocks in the same industry.
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 63.58 - 96.00 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.
Although WGS has an excellent technical rating, it 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
93.23
4 important support areas can be observed.
- Support @70.01 from a trend line in the daily time frame.
- Support @66.56 from a trend line in the weekly time frame.
- Support @59.54 from a horizontal line in the weekly time frame.
- Support @56.06 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @88.22 from a trend line in the daily time frame.
- Resistance @92.31 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 | 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 | 93.47 | POSITIVE | WGS has a high relative strength, it outperformed 93.47% 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) | UP | POSITIVE | The current price of WGS is above the rising 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) | 44.94 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests WGS has a negative trend. |
| Stochastics (14,3) | 8.26 | OVERSOLD | The low Stochastics value suggests WGS may be oversold. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.44 | 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)
77.87
-2.55 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.17%
1 Week-5.68%
2 Weeks-15%
1 Month20.86%
3 Month-18.44%
6 Month12.08%
12 Month144.64%
2 Year950.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.55
ATR(20)%7.29%
ATR Inc-14.68%
Range Today4.8
ADR(20)5.46
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.47
Mansfield0.24
10 Day High93.55
10 Day Low77
20 Day High96
20 Day Low63.58
52 Week High117.75
52 Week Low25.32
CS1 End70.01
CR1 Start88.22
Volume & EV
DER(3)-0.03%
DER(5)0.79%
Volume669.10K
Volume Incr-40.44%
Vol(5)603.00K
Vol(50)962.52K