WIX.COM LTD (WIX) Stock Technical Analysis
NASDAQ:WIX - Nasdaq - IL0011301780 - Common Stock - Currency: USD
Overall WIX gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WIX is a bad performer in the overall market: 89% of all stocks are doing better.
WIX is part of the IT Services industry. There are 83 other stocks in this industry, of which 65% are performing better than WIX.
WIX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WIX has a been trading in the 114.89 - 155.24 range, which is quite wide. It is currently trading near the lows of this range.
WIX has an average volume of 1157540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of WIX 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
121.62
148.28
When analyzing the support we notice one important area.
- A support zone ranging from 122.85 to 123.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 126.93 to 128.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @137.87 from a trend line in the daily time frame.
- A resistance zone ranging from 141.95 to 146.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 11.08 | NEGATIVE | WIX has a low relative strength, it was outperformed by 88.92% 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) | 40.38 | NEUTRAL | The RSI value for WIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests WIX has a positive trend. |
| Stochastics (14,3) | 39.75 | NEUTRAL | The Stochastics value for WIX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for WIX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.47 | POSITIVE | The high ADX value value for WIX suggests a strong 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)
126.92
+0.3 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.24%
1 Week5.13%
2 Weeks-1.22%
1 Month-17.89%
3 Month-16.09%
6 Month-35.93%
12 Month-24.44%
2 Year28.5%
3 Year100.54%
5 Year-56.92%
10 Year542.63%
15 YearN/A
Volatility
ATR(14)7.64
ATR(20)%5.42%
ATR Inc-45.82%
Range Today4.49
ADR(20)6.73
ADR(20)%5.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.08
Mansfield-3.4
10 Day High137.78
10 Day Low114.89
20 Day High155.24
20 Day Low114.89
52 Week High247.11
52 Week Low114.89
CS1 End123.69
CR1 Start126.93
Volume & EV
DER(3)4.89%
DER(5)4.73%
Volume1.06M
Volume Incr-4.89%
Vol(5)1.34M
Vol(50)1.16M