WEARABLE DEVICES LTD - 27 (WLDSW) Stock Technical Analysis
NASDAQ:WLDSW - Nasdaq - - Currency: USD
Taking everything into account, WLDSW scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
WLDSW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WLDSW is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: WLDSW has an average volume of 12726 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that WLDSW is one of the better performing stocks in the market, outperforming 99% of all stocks.
In the last month WLDSW has a been trading in the 1.32 - 2.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WLDSW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for WLDSW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.49
1.70
3 important support areas can be observed.
- Support @1.63 from a trend line in the daily time frame.
- A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @1.50 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 | 99.91 | POSITIVE | WLDSW has a high relative strength, it outperformed 99.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WLDSW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WLDSW is below 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) | 47.11 | NEUTRAL | The RSI value for WLDSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WLDSW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.67 | NEUTRAL | The Stochastics value for WLDSW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.01 | HIGH VOLATILITY | The high ATR as a percentage value for WLDSW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for WLDSW suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.01 | 1.62 | 0.39 (19.40%) | 5.15% |
| An entry @2.01. This is a Buy Stop order right above the 10 day high. | An exit @1.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 19.40%. | For a 1.00% total portfolio risk, you can invest 5.15% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WLDSW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:WLDSW (5/30/2025, 8:00:01 PM)
1.68
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week8.39%
2 Weeks5%
1 Month-32.8%
3 Month68%
6 Month1340.82%
12 Month2348.98%
2 Year888.24%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%21.01%
ATR Inc-8.99%
Range Today0
ADR(20)0.22
ADR(20)%13.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.91
Mansfield20.18
10 Day High2
10 Day Low1.41
20 Day High2.5
20 Day Low1.32
52 Week High9.48
52 Week Low0.01
CS1 End1.63
CR1 StartN/A
Volume & EV
DER(3)37.99%
DER(5)19.65%
Volume100
Volume Incr-58.17%
Vol(5)1.46K
Vol(50)12.73K