WIMI HOLOGRAM CLOUD INC-B (WIMI) Technical Analysis
NASDAQ:WIMI • KYG9687V2040
Current stock price
WIMI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WIMI. WIMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 95% of all other stocks performed better in the past year than WIMI.
- WIMI is one of the lesser performing stocks in the Media industry. 75% of 91 stocks in the same industry do better.
- WIMI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WIMI is lagging the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month WIMI has a been trading in the 1.56 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WIMI Weekly and Daily overview Charts
WIMI Setup Rating and Analysis
The technical rating of WIMI is bad and it also does not present a 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
WIMI Support and Resistance Analysis
1.88
We found 1 important resistance area.
- Resistance @2.03 from a horizontal line in the daily time frame.
WIMI Technical Indicator Signal Analysis
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 WIMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIMI is neutral. |
| ChartMill Relative Strength | 5.49 | NEGATIVE | WIMI has a low relative strength, it was outperformed by 94.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WIMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WIMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WIMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.96 | NEUTRAL | The RSI value for WIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WIMI has a positive trend. |
| Stochastics (14,3) | 75.39 | NEUTRAL | The Stochastics value for WIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for WIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for WIMI suggests a weak or negative trend. |
WIMI Chart- and CandleStick Pattern Analysis
WIMI Technicals: Chart, Performance Metrics, Trend & Indicators
1.9
-0.01 (-0.52%)
WIMI HOLOGRAM CLOUD INC-B / WIMI TA FAQ
What is the ChartMill technical rating of WIMI HOLOGRAM CLOUD INC-B (WIMI) stock?
ChartMill assigns a technical rating of 1 / 10 to WIMI.
What is the current trend direction of WIMI HOLOGRAM CLOUD INC-B (WIMI) stock?
The current trend direction for WIMI HOLOGRAM CLOUD INC-B (WIMI) is Bearish.
What is the RSI signal for WIMI HOLOGRAM CLOUD INC-B (WIMI) stock?
WIMI HOLOGRAM CLOUD INC-B (WIMI) has an RSI value of 52.9601. This indicates that the stock is currently neutral.
What is the MACD signal for WIMI HOLOGRAM CLOUD INC-B (WIMI) stock?
The MACD indicator for WIMI HOLOGRAM CLOUD INC-B (WIMI) has a value of 0.0322375, indicating a bearish trend.