WISA TECHNOLOGIES INC (WISA) Stock Technical Analysis
NASDAQ:WISA - Nasdaq - US86633R6099 - Common Stock - Currency: USD
Taking everything into account, WISA scores 0 out of 10 in our technical rating. WISA's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, WISA is a bad performer in the overall market: 98% of all stocks are doing better.
WISA is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 95% are performing better than WISA.
WISA 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 WISA is lagging the market.
In the last month WISA has a been trading in the 1.11 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
WISA has an average volume of 1879300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of WISA 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
1.20
2.07
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.57 from a trend line in the weekly time frame.
- Resistance @2.05 from a trend line in the weekly 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 WISA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WISA is down. |
| ChartMill Relative Strength | 2.11 | NEGATIVE | WISA has a low relative strength, it was outperformed by 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WISA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WISA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WISA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.6 | NEUTRAL | The RSI value for WISA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WISA has a positive trend. |
| Stochastics (14,3) | 17.91 | OVERSOLD | The low Stochastics value suggests WISA may be oversold. |
| Average True Range in percent/ATR (20) | 11.33 | HIGH VOLATILITY | The high ATR as a percentage value for WISA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for WISA 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)
1.21
-0.09 (-6.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-6.92%
1 Week-5.47%
2 Weeks-4.72%
1 Month-27.11%
3 Month-41.55%
6 Month-28.4%
12 Month-83.33%
2 Year-99.82%
3 Year-99.99%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.33%
ATR Inc234.48%
Range Today0.11
ADR(20)0.13
ADR(20)%10.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.11
Mansfield-5.7
10 Day High1.74
10 Day Low1.11
20 Day High1.74
20 Day Low1.11
52 Week High10.95
52 Week Low1.11
CS1 EndN/A
CR1 Start1.31
Volume & EV
DER(3)-3.3%
DER(5)-5.95%
Volume2.60M
Volume Incr1400.02%
Vol(5)8.44M
Vol(50)1.88M