WEARABLE DEVICES LTD - 27 (WLDSW) Stock Technical Analysis
USA - NASDAQ:WLDSW -
2.84 USD
-1.86 (-39.57%)
2.58 USD
-0.26 (-9.15%)
Taking everything into account, WLDSW scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WLDSW is showing a nice and steady performance.
Warning: WLDSW has an average volume of 3310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, WLDSW did better than 99% of all other stocks. On top of that, WLDSW also shows a nice and consistent pattern of rising prices.
WLDSW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WLDSW is lagging the market.
In the last month WLDSW has a been trading in the 1.22 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although WLDSW has an excellent technical rating, it does not offer a high 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
1.31
2.87
2 important support areas can be observed.
- Support @1.60 from a trend line in the daily time frame.
- Support @1.32 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 | UP | POSITIVE | The long term trend for WLDSW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WLDSW is neutral. |
| ChartMill Relative Strength | 99.99 | POSITIVE | WLDSW has a high relative strength, it outperformed 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WLDSW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WLDSW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WLDSW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for WLDSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests WLDSW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.55 | NEUTRAL | The Stochastics value for WLDSW is a neutral value. |
| Average True Range in percent/ATR (20) | 26.97 | HIGH VOLATILITY | The high ATR as a percentage value for WLDSW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.72 | NEUTRAL | The ADX value for WLDSW 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)
2.84
-1.86 (-39.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-39.57%
1 Week51.06%
2 Weeks-9.27%
1 Month69.05%
3 Month49.47%
6 Month1108%
12 Month9366.67%
2 Year2599.62%
3 Year1259.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%26.97%
ATR Inc139.89%
Range Today2.35
ADR(20)0.47
ADR(20)%16.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield16.21
10 Day High5
10 Day Low1.51
20 Day High5
20 Day Low1.22
52 Week High9.48
52 Week Low0.01
CS1 End1.6
CR1 StartN/A
Volume & EV
DER(3)-5.84%
DER(5)-5.77%
Volume13.00K
Volume Incr3979.97%
Vol(5)21.02K
Vol(50)3.31K