Boingo Wireless Inc (WIFI) Stock Technical Analysis
NASDAQ:WIFI - Nasdaq -
Overall WIFI gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WIFI is a bad performer.
89% of all other stocks performed better in the past year than WIFI.
WIFI is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 105% of 21 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
WIFI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WIFI is performing more or less in line with the market.
In the last month WIFI has a been trading in a tight range between 13.93 and 14.02.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, WIFI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.63
15.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.80 to 13.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.44 from a trend line in the daily time frame.
- Support @13.13 from a trend line in the weekly time frame.
- Support @9.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.04 to 14.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.41 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.75
Mansfield-0.61
10 Day High14.02
10 Day Low13.93
20 Day High14.02
20 Day Low13.93
52 Week High15.92
52 Week Low8.69
Performance
1 Week0.29%
2 Weeks0.36%
1 Month0.21%
3 Month-0.57%
6 Month-9.16%
12 Month-2.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.92
LBB13.93
UBB13.99
13.99
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.07%
1 Week0.29%
2 Weeks0.36%
1 Month0.21%
3 Month-0.57%
6 Month-9.16%
12 Month-2.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.24%
ATR Inc-11.58%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.75
Mansfield-0.61
10 Day High14.02
10 Day Low13.93
20 Day High14.02
20 Day Low13.93
52 Week High15.92
52 Week Low8.69
CS1 End13.98
CR1 Start14.04
Volume & EV
DER(3)0.73%
DER(5)-0.86%
Volume1.77M
Volume Incr195.04%
Vol(5)1.68M
Vol(50)815.13K