WEARABLE DEVICES LTD (WLDS) Technical Analysis
NASDAQ:WLDS • IL0012118043
Current stock price
WLDS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WLDS. 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 part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, of which 86% are performing better than WLDS.
- WLDS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so WLDS is lagging the market.
- In the last month WLDS has a been trading in the 1.32 - 2.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
WLDS Weekly and Daily overview Charts
WLDS Setup Rating and Analysis
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
WLDS Support and Resistance Analysis
1.34
We can see 2 important resistance areas.
- Resistance @1.74 from a trend line in the daily time frame.
- Resistance @1.88 from a trend line in the daily time frame.
WLDS 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.
| 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 | 1.67 | NEGATIVE | WLDS has a low relative strength, it was outperformed by 98.33% 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) | 18.7 | OVERSOLD | The low RSI value suggests WLDS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WLDS has a negative trend. |
| Stochastics (14,3) | 3.7 | OVERSOLD | The low Stochastics value suggests WLDS may be oversold. |
| Average True Range in percent/ATR (20) | 18.03 | HIGH VOLATILITY | The high ATR as a percentage value for WLDS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for WLDS suggests a weak or negative trend. |
WLDS Chart- and CandleStick Pattern Analysis
WLDS Technicals: Chart, Performance Metrics, Trend & Indicators
1.35
-0.04 (-2.88%)
WEARABLE DEVICES LTD / WLDS TA FAQ
Can you provide the ChartMill technical rating for WEARABLE DEVICES LTD?
ChartMill assigns a technical rating of 0 / 10 to WLDS.
What is the trend direction for WLDS stock?
The current trend direction for WEARABLE DEVICES LTD (WLDS) is Bearish.
What is the RSI signal for WLDS stock?
WEARABLE DEVICES LTD (WLDS) has an RSI value of 18.6999. This indicates that the stock is currently oversold.
Can you provide the MACD signal for WEARABLE DEVICES LTD?
The MACD indicator for WEARABLE DEVICES LTD (WLDS) has a value of -0.0526301, indicating a bearish trend.
What is the short term momentum for WLDS stock?
The short term momentum for WEARABLE DEVICES LTD (WLDS) is negative.