WEARABLE DEVICES LTD (WLDS) Stock Technical Analysis
NASDAQ:WLDS - IL0012118043 - Common Stock
1.0693 USD
-0.01 (-0.99%)
1.07 USD
+0 (+0.07%)
Taking everything into account, WLDS scores 0 out of 10 in our technical rating. WLDS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than WLDS.
WLDS is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 93% of 33 stocks in the same industry do better.
WLDS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
WLDS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
The technical rating of WLDS 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
1.06
1.74
4 important resistance areas can be observed.
- A resistance zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.36 from a trend line in the daily time frame.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.72 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 | DOWN | NEGATIVE | The long term trend for WLDS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WLDS is down. |
| ChartMill Relative Strength | 1.24 | NEGATIVE | WLDS has a low relative strength, it was outperformed by 98.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WLDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WLDS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WLDS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.68 | NEUTRAL | The RSI value for WLDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WLDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.99 | OVERSOLD | The low Stochastics value suggests WLDS may be oversold. |
| Average True Range in percent/ATR (20) | 13.22 | HIGH VOLATILITY | The high ATR as a percentage value for WLDS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.33 | NEGATIVE | The low ADX value for WLDS suggests a weak or negative 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)
1.0693
-0.01 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.99%
1 Week-3.67%
2 Weeks-3.67%
1 Month-27.75%
3 Month-34.8%
6 Month-67.79%
12 Month-96.3%
2 Year-98.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%13.22%
ATR Inc-70.01%
Range Today0.05
ADR(20)0.14
ADR(20)%12.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.24
Mansfield-8.42
10 Day High1.18
10 Day Low1.02
20 Day High1.93
20 Day Low1.02
52 Week High29.6
52 Week Low1.02
CS1 EndN/A
CR1 Start1.12
Volume & EV
DER(3)-4.86%
DER(5)-11.16%
Volume102.40K
Volume Incr-92.04%
Vol(5)97.90K
Vol(50)691.84K