WIX.COM LTD (WIX) Technical Analysis
NASDAQ:WIX • IL0011301780
Current stock price
WIX Technical Rating and Analysis
Taking everything into account, WIX scores 2 out of 10 in our technical rating. WIX'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, WIX is a bad performer in the overall market: 91% of all stocks are doing better.
- WIX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WIX is lagging the market.
- In the last month WIX has a been trading in the 81.83 - 94.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- WIX has an average volume of 2860160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WIX is an average performer in the IT Services industry, it outperforms 41% of 88 stocks in the same industry.
WIX Weekly and Daily overview Charts
WIX Setup Rating and Analysis
The technical rating of WIX 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
WIX Support and Resistance Analysis
80.89
When analyzing the support we notice one important area.
- A support zone ranging from 81.71 to 81.94. 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 4 important areas.
- A resistance zone ranging from 87.43 to 89.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 93.04 to 93.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @135.09 from a trend line in the weekly time frame.
- Resistance @182.75 from a horizontal line in the weekly time frame.
WIX 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 WIX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIX is neutral. |
| ChartMill Relative Strength | 9.47 | NEGATIVE | WIX has a low relative strength, it was outperformed by 90.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.9 | NEUTRAL | The RSI value for WIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests WIX has a negative trend. |
| Stochastics (14,3) | 45.89 | NEUTRAL | The Stochastics value for WIX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for WIX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for WIX suggests a possible start of a new trend. |
WIX Chart- and CandleStick Pattern Analysis
WIX Technicals: Chart, Performance Metrics, Trend & Indicators
81.95
-8.55 (-9.45%)
WIX.COM LTD / WIX TA FAQ
What is the ChartMill technical rating of WIX.COM LTD (WIX) stock?
ChartMill assigns a technical rating of 2 / 10 to WIX.
What is the trend direction for WIX stock?
The current trend direction for WIX.COM LTD (WIX) is Bearish.
Can you provide the RSI signal for WIX.COM LTD?
WIX.COM LTD (WIX) has an RSI value of 42.896. This indicates that the stock is currently neutral.
What is the MACD signal for WIX stock?
The MACD indicator for WIX.COM LTD (WIX) has a value of -0.682572, indicating a bearish trend.
What are the support and resistance levels for WIX.COM LTD (WIX) stock?
WIX.COM LTD (WIX) has a support level at 81.94 and a resistance level at 87.43. Check the full technical report for our detailed analysis of WIX support and resistance levels.