NASDAQ:WIX - Nasdaq - IL0011301780 - Common Stock - Currency: USD
Overall WIX gets a technical rating of 0 out of 10. WIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WIX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 152.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 151.77, a Stop Loss order could be placed below this zone.
145.03
We found 2 important support areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for WIX is down. |
ChartMill Relative Strength | 21.13 | NEGATIVE | WIX has a low relative strength, it was outperformed by 78.87% 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) | DOWN | NEGATIVE | The current price of WIX is below a declining 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) | 43.24 | NEUTRAL | The RSI value for WIX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests WIX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 35.98 | NEUTRAL | The Stochastics value for WIX is a neutral value. |
Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for WIX suggests some volalility. |
Average Directional Index/ADX (14) | 23.68 | NEUTRAL | The ADX value for WIX suggests a possible start of a new trend. |
152.49
+0.12 (+0.08%)