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'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 part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, of which 88% are performing better than WLDS.
- WLDS is currently trading near the lower end of its 52 week range, which is not a good sign. 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 1.20 - 2.60 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.
WLDS Weekly and Daily overview Charts
WLDS Setup Rating and Analysis
WLDS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.47. Right above this resistance zone may be a good entry point.
More info and screens
WLDS Support and Resistance Analysis
1.38
We can see 2 important resistance areas.
- A resistance zone ranging from 1.47 to 1.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.68 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 | 2.08 | NEGATIVE | WLDS has a low relative strength, it was outperformed by 97.92% 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) | 36.3 | NEUTRAL | The RSI value for WLDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WLDS has a positive trend. |
| Stochastics (14,3) | 47.58 | NEUTRAL | The Stochastics value for WLDS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.11 | HIGH VOLATILITY | The high ATR as a percentage value for WLDS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.75 | 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
1.39
+0.07 (+5.3%)
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 WEARABLE DEVICES LTD (WLDS) stock?
WEARABLE DEVICES LTD (WLDS) has an RSI value of 36.3012. This indicates that the stock is currently neutral.
What is the MACD signal for WLDS stock?
The MACD indicator for WEARABLE DEVICES LTD (WLDS) has a value of 0.0520445, indicating a bearish trend.
Can you provide the buy/sell signal for WEARABLE DEVICES LTD?
The buy/sell signal for WEARABLE DEVICES LTD (WLDS) is sell as both the short term and long term trends are negative.