WALKME LTD (WKME) Stock Technical Analysis
USA - NASDAQ:WKME - IL0011765851 - Common Stock
13.95 USD
0 (0%)
13.93 USD
-0.02 (-0.14%)
We assign a technical rating of 8 out of 10 to WKME. 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.
Both the short term and long term trends are positive. This is a very positive sign.
WKME is part of the Software industry. There are 281 other stocks in this industry. WKME outperforms 77% of them.
WKME is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
Looking at the yearly performance, WKME did better than 87% of all other 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 has an excellent technical rating, but the quality of the setup is only medium 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
7.88
14.15
We found 2 important support 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.
When analyzing the resistance we notice one important 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.
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. |
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)
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 trade has a worst case loss of 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.
13.95
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week0.72%
2 Weeks0.79%
1 Month0.65%
3 Month1.38%
6 Month62.21%
12 Month63.54%
2 Year64.12%
3 Year-53.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.34%
ATR Inc-28.91%
Range Today0.02
ADR(20)0.05
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.28
Mansfield2.2
10 Day High13.98
10 Day Low13.83
20 Day High13.98
20 Day Low13.78
52 Week High14.09
52 Week Low7.6
CS1 End13.89
CR1 Start13.98
Volume & EV
DER(3)7.27%
DER(5)5.4%
Volume1.32M
Volume Incr134.1%
Vol(5)974.28K
Vol(50)497.14K