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WALKME LTD (WKME) Stock Technical Analysis

USA - Nasdaq - NASDAQ:WKME - IL0011765851 - Common Stock

13.95 USD
0 (0%)
Last: 9/11/2024, 8:00:44 PM
13.93 USD
-0.02 (-0.14%)
After Hours: 9/11/2024, 8:00:44 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to WKME. Both in the recent history as in the last year, WKME has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
WKME is one of the better performing stocks in the Software industry, it outperforms 89% of 276 stocks in the same industry.
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.
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.
Weekly and Daily overview Charts
WALKME LTD / WKME Weekly stock chart
WALKME LTD / WKME Daily stock chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

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.

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WKME is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for WKME is up.
ChartMill Relative Strength87.28POSITIVEWKME has a high relative strength, it outperformed 87.28% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of WKME is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WKME is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WKME is above the rising SMA(200).
Relative Strength Index/RSI (14)66.51NEUTRALThe RSI value for WKME is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests WKME has a positive trend.
Stochastics (14,3)83.76OVERBOUGHTThe high Stochastics value suggests WKME may be overbought.
Average True Range in percent/ATR (20)0.34LOW VOLATILITYThe low ATR as a percentage value for WKME suggests low volalility.
Average Directional Index/ADX (14)40.57POSITIVEThe high ADX value value for WKME suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
14.0213.820.20 (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%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%.

  • 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.
WALKME LTD / WKME Daily stock chart

WALKME LTD

NASDAQ:WKME (9/11/2024, 8:00:44 PM)

After market: 13.93 -0.02 (-0.14%)

13.95

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
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
3 months CRSN/A
6 months CRSN/A
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

WALKME LTD / WKME 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.