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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WIX is a bad performer in the overall market: 79% of all stocks are doing better.
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.
WIX is part of the IT Services industry. There are 82 other stocks in this industry, WIX did better than 43% of them.
In the last month WIX has a been trading in the 145.64 - 167.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
145.03
171.29
We found 2 important support areas.
- Support @151.77 from a trend line in the daily 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.
- A resistance zone ranging from 152.72 to 159.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 164.30 to 164.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @169.59 from a horizontal line in the daily 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 | 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. |
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)
152.49
+0.12 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.08%
1 Week-1.65%
2 Weeks0.14%
1 Month-4.25%
3 Month-8.38%
6 Month-35.11%
12 Month-2.13%
2 Year61.67%
3 Year157.02%
5 Year-47.5%
10 Year444.61%
15 YearN/A
Volatility
ATR(14)4.43
ATR(20)%2.96%
ATR Inc-13.11%
Range Today3.57
ADR(20)4.51
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.13
Mansfield-2.25
10 Day High156.5
10 Day Low145.64
20 Day High167.52
20 Day Low145.64
52 Week High247.11
52 Week Low137.94
CS1 End151.77
CR1 Start152.72
Volume & EV
DER(3)0.07%
DER(5)-0.96%
Volume608.75K
Volume Incr-24.94%
Vol(5)524.25K
Vol(50)942.67K