WIX.COM LTD (WIX) Technical Analysis
NASDAQ:WIX • IL0011301780
Current stock price
WIX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WIX. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 92% of all other stocks performed better in the past year than WIX.
- WIX is part of the IT Services industry. There are 88 other stocks in this industry, of which 64% are performing better than WIX.
- 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 has an average volume of 3047540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WIX has a been trading in the 60.57 - 91.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WIX Weekly and Daily overview Charts
WIX Setup Rating and Analysis
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
WIX Support and Resistance Analysis
62.17
We found 1 important support area.
- Support @62.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 8 important areas.
- A resistance zone ranging from 76.89 to 78.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 80.56 to 81.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.76 from a trend line in the weekly time frame.
- Resistance @87.22 from a trend line in the daily time frame.
- Resistance @90.43 from a horizontal line in the daily time frame.
- Resistance @93.04 from a horizontal line in the daily time frame.
- Resistance @130.06 from a trend line in the weekly time frame.
- Resistance @182.75 from a horizontal line in the weekly time frame.
WIX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for WIX is neutral. |
| ChartMill Relative Strength | 8.6 | NEGATIVE | WIX has a low relative strength, it was outperformed by 91.4% 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) | UP | MIXED | The current price of WIX is below the rising 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) | 49.27 | NEUTRAL | The RSI value for WIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests WIX has a positive trend. |
| Stochastics (14,3) | 52.71 | NEUTRAL | The Stochastics value for WIX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for WIX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.42 | POSITIVE | The high ADX value value for WIX suggests a strong trend. |
WIX Chart- and CandleStick Pattern Analysis
WIX Technicals: Chart, Performance Metrics, Trend & Indicators
76.88
-0.23 (-0.3%)
WIX.COM LTD / WIX TA FAQ
What is the ChartMill technical rating of WIX.COM LTD (WIX) stock?
ChartMill assigns a technical rating of 1 / 10 to WIX.
What is the trend direction for WIX stock?
The current trend direction for WIX.COM LTD (WIX) is Bearish.
Can you provide the RSI signal for WIX.COM LTD?
WIX.COM LTD (WIX) has an RSI value of 49.2728. This indicates that the stock is currently neutral.
What is the MACD signal for WIX stock?
The MACD indicator for WIX.COM LTD (WIX) has a value of 0.256066, indicating a bearish trend.
What are the support and resistance levels for WIX.COM LTD (WIX) stock?
WIX.COM LTD (WIX) has a support level at 62.8 and a resistance level at 76.89. Check the full technical report for our detailed analysis of WIX support and resistance levels.