WIMI HOLOGRAM CLOUD INC-B (WIMI) Stock Technical Analysis
USA - NASDAQ:WIMI - KYG9687V2040 - Common Stock
4.7 USD
+0.01 (+0.21%)
4.69 USD
-0.01 (-0.21%)
We assign a technical rating of 6 out of 10 to WIMI. In the past year, WIMI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
WIMI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, WIMI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
WIMI is part of the Media industry. There are 98 other stocks in this industry, WIMI did better than 69% of them.
In the last month WIMI has a been trading in the 3.83 - 5.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, WIMI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.16
5.19
When analyzing the support we can see 3 important areas.
- Support @4.66 from a trend line in the daily time frame.
- A support zone ranging from 4.55 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.20 to 4.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.71 to 4.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.08 to 5.14. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for WIMI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WIMI is up. |
| ChartMill Relative Strength | 49.24 | NEUTRAL | WIMI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of WIMI is above the rising 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) | 58.2 | NEUTRAL | The RSI value for WIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WIMI has a negative trend. |
| Stochastics (14,3) | 35.94 | NEUTRAL | The Stochastics value for WIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.33 | HIGH VOLATILITY | The high ATR as a percentage value for WIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.13 | POSITIVE | The high ADX value value for WIMI suggests a strong 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)
4.7
+0.01 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.21%
1 Week2.62%
2 Weeks-3.09%
1 Month21.13%
3 Month63.76%
6 Month-29.64%
12 Month-57.27%
2 Year-23.54%
3 Year-52.96%
5 Year-91.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%9.33%
ATR Inc-37.82%
Range Today0.43
ADR(20)0.44
ADR(20)%9.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.24
Mansfield-3.91
10 Day High5.65
10 Day Low4.31
20 Day High5.65
20 Day Low3.83
52 Week High29.2
52 Week Low2.24
CS1 End4.66
CR1 Start4.71
Volume & EV
DER(3)0.56%
DER(5)-1.58%
Volume472.10K
Volume Incr121.24%
Vol(5)787.14K
Vol(50)359.01K