GENEDX HOLDINGS CORP (WGSWW) Stock Technical Analysis
NASDAQ:WGSWW - Nasdaq - - Currency: USD
We assign a technical rating of 3 out of 10 to WGSWW. Although WGSWW 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
WGSWW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WGSWW has a been trading in the 0.04 - 0.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, WGSWW did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although the technical rating is bad, WGSWW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WGSWW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.04
0.06
2 important support areas can be observed.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 WGSWW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGSWW is down. |
| ChartMill Relative Strength | 84.28 | POSITIVE | WGSWW has a high relative strength, it outperformed 84.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WGSWW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WGSWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WGSWW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.59 | NEUTRAL | The RSI value for WGSWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WGSWW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.67 | NEUTRAL | The Stochastics value for WGSWW is a neutral value. |
| Average True Range in percent/ATR (20) | 26.58 | HIGH VOLATILITY | The high ATR as a percentage value for WGSWW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for WGSWW 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)
0.0587
0 (-3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.77%
1 Week-16.14%
2 Weeks-9.69%
1 Month17.4%
3 Month-76.52%
6 Month-59.15%
12 Month117.41%
2 Year469.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%26.58%
ATR Inc-32.17%
Range Today0.01
ADR(20)0.02
ADR(20)%25.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.28
Mansfield-5.73
10 Day High0.08
10 Day Low0.05
20 Day High0.09
20 Day Low0.04
52 Week High0.34
52 Week Low0.02
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)17.6%
DER(5)-15.28%
Volume158.90K
Volume Incr-47.91%
Vol(5)75.50K
Vol(50)90.47K