WILLOW LANE ACQUISITION-CL A (WLAC) Stock Technical Analysis
USA - NASDAQ:WLAC - KYG9675P1028 - Common Stock
13.89 USD
-0.81 (-5.51%)
13.25 USD
-0.64 (-4.61%)
Taking everything into account, WLAC scores 7 out of 10 in our technical rating. Although WLAC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than WLAC.
The long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month WLAC has a been trading in the 11.22 - 15.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WLAC has an excellent technical rating, it does not present a decent entry opportunity 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
9.87
14.03
When analyzing the support we notice one important area.
- Support @9.97 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 | UP | POSITIVE | The long term trend for WLAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WLAC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WLAC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WLAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WLAC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.49 | NEUTRAL | The RSI value for WLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WLAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.47 | NEUTRAL | The Stochastics value for WLAC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for WLAC suggests high volalility. |
| Average Directional Index/ADX (14) | 58.4 | POSITIVE | The high ADX value value for WLAC 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)
13.89
-0.81 (-5.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.51%
1 Week6.44%
2 Weeks19.74%
1 Month20.78%
3 Month35.78%
6 Month38.62%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%5.84%
ATR Inc120.74%
Range Today2.05
ADR(20)0.77
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.19
10 Day Low11.6
20 Day High15.19
20 Day Low11.22
52 Week HighN/A
52 Week LowN/A
CS1 End9.97
CR1 StartN/A
Volume & EV
DER(3)-3.02%
DER(5)-2.31%
Volume642.10K
Volume Incr-23.35%
Vol(5)866.10K
Vol(50)547.85K