WIX.COM LTD (WIX)

IL0011301780 - Common Stock

119.83  +0.3 (+0.25%)

After market: 120.134 +0.3 (+0.25%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to WIX. Although WIX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month WIX has a been trading in the 117.58 - 138.24 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that WIX is one of the better performing stocks in the market, outperforming 85% of all stocks.
WIX is one of the better performing stocks in the IT Services industry, it outperforms 87% of 86 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WIX is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
WIX Weekly chart
WIX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, WIX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 119.82, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

78.29

125.42

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 118.87 to 119.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @116.90 from a horizontal line in the daily time frame.
  • Support @85.97 from a trend line in the weekly time frame.
  • Support @79.08 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 119.84 to 120.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 124.10 to 124.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.87
Mansfield0.55
10 Day High126.33
10 Day Low117.58
20 Day High138.24
20 Day Low117.58
52 Week High146.21
52 Week Low73.39
Performance
1 Week-0.81%
2 Weeks-1.3%
1 Month-11.43%
3 Month-6.2%
6 Month36.7%
12 Month55.93%
2 Year90.18%
3 Year-53.89%
5 Year-12.75%
10 Year570.94%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)32
LBB118.17
UBB124.31
WIX Daily chart

WIX.COM LTD

NASDAQ:WIX (5/3/2024, 7:26:33 PM)

After market: 120.134 +0.3 (+0.25%)

119.83

+0.3 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.25%
1 Week-0.81%
2 Weeks-1.3%
1 Month-11.43%
3 Month-6.2%
6 Month36.7%
12 Month55.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.45
ATR(20)%3.08%
ATR Inc
Range Today3.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High126.33
10 Day Low117.58
20 Day High138.24
20 Day Low117.58
52 Week High146.21
52 Week Low73.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume329.60K
Volume Incr19.47%
Vol(5)451.68K
Vol(50)448.06K