WIX.COM LTD (WIX) Stock Technical Analysis
NASDAQ:WIX - Nasdaq - IL0011301780 - Common Stock - Currency: USD
Overall WIX gets a technical rating of 4 out of 10. In the past year, WIX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
WIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WIX has a been trading in the 146.96 - 167.52 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, WIX turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
WIX is an average performer in the IT Services industry, it outperforms 50% of 81 stocks in the same industry.
WIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 163.35, a Stop Loss order could be placed below this zone.
More info and screens
145.03
184.59
3 important support areas can be observed.
- A support zone ranging from 160.32 to 163.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @151.55 from a trend line in the weekly time frame.
- A support zone ranging from 146.49 to 148.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @164.59 from a horizontal line in the daily time frame.
- Resistance @169.59 from a horizontal line in the daily time frame.
- Resistance @182.76 from a horizontal 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 WIX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WIX is up. |
| ChartMill Relative Strength | 46.54 | NEUTRAL | WIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WIX is above the rising 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) | UP | MIXED | The current price of WIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.03 | NEUTRAL | The RSI value for WIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.23 | POSITIVE | The MACD value suggests WIX has a positive trend. |
| Stochastics (14,3) | 85.95 | OVERBOUGHT | The high Stochastics value suggests WIX may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for WIX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for WIX 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)
164.29
-0.29 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.18%
1 Week3.16%
2 Weeks3.65%
1 Month7.2%
3 Month9.52%
6 Month-26.24%
12 Month6.54%
2 Year74.18%
3 Year176.91%
5 Year-43.44%
10 Year486.75%
15 YearN/A
Volatility
ATR(14)5.45
ATR(20)%3.03%
ATR Inc-23.29%
Range Today3.35
ADR(20)4.48
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.54
Mansfield-1.58
10 Day High167.52
10 Day Low154.77
20 Day High167.52
20 Day Low146.96
52 Week High247.11
52 Week Low137.94
CS1 End163.35
CR1 Start164.59
Volume & EV
DER(3)-0.44%
DER(5)1.02%
Volume495.30K
Volume Incr-31.95%
Vol(5)694.22K
Vol(50)949.20K