WIMI HOLOGRAM CLOUD INC-B (WIMI) Stock Technical Analysis
USA - NASDAQ:WIMI - KYG9687V2040 - Common Stock
We assign a technical rating of 0 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 technical rating of WIMI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.17
3 important resistance areas can be observed.
- A resistance zone ranging from 3.21 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.75 from a trend line in the daily time frame.
- Resistance @4.05 from a trend 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 | DOWN | NEGATIVE | The long term trend for WIMI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WIMI is down. |
| ChartMill Relative Strength | 7 | NEGATIVE | WIMI has a low relative strength, it was outperformed by 93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WIMI is below a declining 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) | 31.81 | NEUTRAL | The RSI value for WIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WIMI has a negative trend. |
| Stochastics (14,3) | 7.38 | OVERSOLD | The low Stochastics value suggests WIMI may be oversold. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for WIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for WIMI suggests a weak or negative trend. |
3.2
-0.3 (-8.57%)
WIMI HOLOGRAM CLOUD INC-B / WIMI FAQ
What is the ChartMill technical rating of WIMI HOLOGRAM CLOUD INC-B (WIMI) stock?
ChartMill assigns a technical rating of 0 / 10 to WIMI.
What is the trend direction for WIMI stock?
The current trend direction for WIMI HOLOGRAM CLOUD INC-B (WIMI) is Bearish.
What is the RSI signal for WIMI stock?
WIMI HOLOGRAM CLOUD INC-B (WIMI) has an RSI value of 31.8095. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WIMI HOLOGRAM CLOUD INC-B?
The MACD indicator for WIMI HOLOGRAM CLOUD INC-B (WIMI) has a value of -0.0609546, indicating a bearish trend.
Can you provide the support and resistance levels for WIMI HOLOGRAM CLOUD INC-B?
WIMI HOLOGRAM CLOUD INC-B (WIMI) has a resistance level at 3.21. Check the full technical report for our detailed analysis of WIMI support and resistance levels.