WISA TECHNOLOGIES INC (WISA) Stock Technical Analysis
USA - NASDAQ:WISA - US86633R6099 - Common Stock
Taking everything into account, WISA scores 0 out of 10 in our technical rating. WISA 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 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
3 important resistance areas can be observed.
- 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. |
1.21
-0.09 (-6.92%)
WISA TECHNOLOGIES INC / WISA FAQ
Can you provide the ChartMill technical rating for WISA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to WISA.
What is the trend direction for WISA stock?
The current trend direction for WISA TECHNOLOGIES INC (WISA) is Bearish.
Can you provide the RSI signal for WISA TECHNOLOGIES INC?
WISA TECHNOLOGIES INC (WISA) has an RSI value of 38.5999. This indicates that the stock is currently neutral.
What is the short term momentum for WISA stock?
The short term momentum for WISA TECHNOLOGIES INC (WISA) is negative.
What is the support and resistance level for WISA stock?
WISA TECHNOLOGIES INC (WISA) has a resistance level at 1.31. Check the full technical report for our detailed analysis of WISA support and resistance levels.