WEARABLE DEVICES LTD (WLDS) Stock Technical Analysis
NASDAQ:WLDS - Nasdaq - IL0012118043 - Common Stock - Currency: USD
Taking everything into account, WLDS scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. WLDS was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WLDS is a bad performer in the overall market: 96% of all stocks are doing better.
WLDS is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 80% of 32 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.
In the last month WLDS has a been trading in the 1.45 - 1.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WLDS has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
1.38
1.78
3 important support areas can be observed.
- Support @1.50 from a trend line in the daily time frame.
- A support zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.72 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for WLDS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WLDS is neutral. |
| ChartMill Relative Strength | 4.95 | NEGATIVE | WLDS has a low relative strength, it was outperformed by 95.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WLDS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WLDS is below the rising 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) | 54.87 | NEUTRAL | The RSI value for WLDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WLDS has a positive trend. |
| Stochastics (14,3) | 51.03 | NEUTRAL | The Stochastics value for WLDS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for WLDS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.28 | NEUTRAL | The ADX value for WLDS suggests a possible start of a new 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)
1.55
-0.12 (-7.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-7.19%
1 Week6.37%
2 Weeks8.44%
1 Month12.08%
3 Month20.14%
6 Month-55.89%
12 Month-94.17%
2 Year-98.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%6.85%
ATR Inc210.2%
Range Today0.22
ADR(20)0.11
ADR(20)%7.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.95
Mansfield-8.04
10 Day High1.85
10 Day Low1.45
20 Day High1.85
20 Day Low1.45
52 Week High38.8
52 Week Low1.2
CS1 End1.5
CR1 Start1.72
Volume & EV
DER(3)1.05%
DER(5)-5.6%
Volume71.95K
Volume Incr202.64%
Vol(5)215.48K
Vol(50)278.73K