WEARABLE DEVICES LTD (WLDS) Stock Technical Analysis
NASDAQ:WLDS • IL0012118043
Taking everything into account, WLDS scores 0 out of 10 in our technical rating. WLDS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WLDS is a bad performer in the overall market: 98% of all stocks are doing better.
- WLDS is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 88% of 36 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 0.82 - 1.22 range, which is quite wide. It is currently trading near the lows of this range.
- 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
0.84
2 important resistance areas can be observed.
- A resistance zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.97 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 | 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 | 2.41 | NEGATIVE | WLDS has a low relative strength, it was outperformed by 97.59% 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) | 31.94 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 13.74 | OVERSOLD | The low Stochastics value suggests WLDS may be oversold. |
| Average True Range in percent/ATR (20) | 10.85 | HIGH VOLATILITY | The high ATR as a percentage value for WLDS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.34 | NEGATIVE | The low ADX value for WLDS suggests a weak or negative trend. |
0.8481
-0.01 (-0.81%)
WEARABLE DEVICES LTD / WLDS 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 31.9429. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WEARABLE DEVICES LTD?
The MACD indicator for WEARABLE DEVICES LTD (WLDS) has a value of 0.0100702, indicating a bearish trend.
What is the short term momentum for WLDS stock?
The short term momentum for WEARABLE DEVICES LTD (WLDS) is negative.