GENEDX HOLDINGS CORP (WGS) Stock Technical Analysis
NASDAQ:WGS • US81663L2007
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 73% of all other stocks performed better in the past year than WGS.
- WGS is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, WGS did better than 48% of them.
- 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 81.55 - 113.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WGS has a poor technical rating and the quality of the setup is also not perfect 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
83.24
When analyzing the support we notice one important area.
- A support zone ranging from 84.08 to 84.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @94.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 112.61 to 114.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 27.11 | NEGATIVE | WGS has a low relative strength, it was outperformed by 72.89% 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) | 36.36 | NEUTRAL | The RSI value for WGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests WGS has a positive trend. |
| Stochastics (14,3) | 42.51 | NEUTRAL | The Stochastics value for WGS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for WGS suggests high volalility. |
| Average Directional Index/ADX (14) | 39.01 | POSITIVE | The high ADX value value for WGS suggests a strong trend. |
90.67
-0.77 (-0.84%)
GENEDX HOLDINGS CORP / WGS 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 36.3589. 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 84.82 and a resistance level at 94.78. Check the full technical report for our detailed analysis of WGS support and resistance levels.