WALKME LTD (WKME) Technical Analysis
NASDAQ:WKME • IL0011765851
Current stock price
WKME Technical Rating and Analysis
Taking everything into account, WKME scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WKME is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- WKME is one of the better performing stocks in the Software industry, it outperforms 91% of 277 stocks in the same industry.
- WKME is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WKME is leading the market.
- When comparing the yearly performance of all stocks, we notice that WKME is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month WKME has a been trading in a tight range between 13.78 and 13.98.
- Volume is considerably higher in the last couple of days.
WKME Weekly and Daily overview Charts
WKME Setup Rating and Analysis
Although WKME has an excellent technical rating, the quality of the presented setup is not ideal 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
WKME Support and Resistance Analysis
7.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.73 to 13.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.98 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
WKME 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 | UP | POSITIVE | The long term trend for WKME is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WKME is up. |
| ChartMill Relative Strength | 87.28 | POSITIVE | WKME has a high relative strength, it outperformed 87.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WKME is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WKME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WKME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.51 | NEUTRAL | The RSI value for WKME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WKME has a positive trend. |
| Stochastics (14,3) | 83.76 | OVERBOUGHT | The high Stochastics value suggests WKME may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for WKME suggests low volalility. |
| Average Directional Index/ADX (14) | 40.57 | POSITIVE | The high ADX value value for WKME suggests a strong trend. |
WKME Chart- and CandleStick Pattern Analysis
WKME Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.02 | 13.82 | 0.20 (1.43%) | 25.00% |
| An entry @14.02. This is a Buy Stop order right above the resistance zone. | An exit @13.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 1.43%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WKME Technicals: Chart, Performance Metrics, Trend & Indicators
13.95
0 (0%)
WALKME LTD / WKME TA FAQ
What is the technical rating for WKME stock?
ChartMill assigns a technical rating of 8 / 10 to WKME.
Can you provide the trend direction for WALKME LTD?
The current trend direction for WALKME LTD (WKME) is Bullish.
What is the RSI signal for WALKME LTD (WKME) stock?
WALKME LTD (WKME) has an RSI value of 66.5082. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WALKME LTD?
The short term momentum for WALKME LTD (WKME) is positive.
What is the buy/sell signal for WALKME LTD (WKME) stock?
The buy/sell signal for WALKME LTD (WKME) is buy as both the short term and long term trends are positive.