WANG & LEE GROUP INC (WLGS) Technical Analysis
NASDAQ:WLGS • VGG9T22C1003
Current stock price
0.044 USD
0 (-5.58%)
At close:
0.041 USD
0 (-6.82%)
After Hours:
WLGS Technical Rating and Analysis
Overall WLGS gets a technical rating of 0 out of 10. WLGS 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.
- 100% of all other stocks performed better in the past year than WLGS.
- WLGS is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 81% are performing better than WLGS.
- WLGS 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 WLGS is lagging the market.
- In the last month WLGS has a been trading in the 0.04 - 0.08 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.
- WLGS has an average volume of 91542000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
WLGS Weekly and Daily overview Charts
WLGS Setup Rating and Analysis
WLGS 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.
More info and screens
WLGS Support and Resistance Analysis
0.04
0.05
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
WLGS 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 WLGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WLGS is down. |
| ChartMill Relative Strength | 0.34 | NEGATIVE | WLGS has a low relative strength, it was outperformed by 99.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WLGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WLGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WLGS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.44 | NEUTRAL | The RSI value for WLGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WLGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.2 | OVERSOLD | The low Stochastics value suggests WLGS may be oversold. |
| Average True Range in percent/ATR (20) | 25.74 | HIGH VOLATILITY | The high ATR as a percentage value for WLGS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.06 | NEGATIVE | The low ADX value for WLGS suggests a weak or negative trend. |
WLGS Chart- and CandleStick Pattern Analysis
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)
WLGS Technicals: Chart, Performance Metrics, Trend & Indicators
0.044
0 (-5.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-5.58%
1 Week-19.85%
2 Weeks-32.1%
1 Month-47.99%
3 Month-79.18%
6 Month-99.27%
12 Month-92.42%
2 Year-94.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%25.74%
ATR Inc-33.26%
Range Today0.01
ADR(20)0.01
ADR(20)%21.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.34
3 months CRSN/A
6 months CRSN/A
Mansfield-9.8
10 Day High0.07
10 Day Low0.04
20 Day High0.08
20 Day Low0.04
52 Week High9.66
52 Week Low0.03
CS1 EndN/A
CR1 Start0.05
Volume & EV
DER(3)-1.88%
DER(5)-4.64%
Volume28.56M
Volume Incr-85.44%
Vol(5)20.69M
Vol(50)91.54M
WANG & LEE GROUP INC / WLGS TA FAQ
What is the ChartMill technical rating of WANG & LEE GROUP INC (WLGS) stock?
ChartMill assigns a technical rating of 0 / 10 to WLGS.
What is the current trend direction of WANG & LEE GROUP INC (WLGS) stock?
The current trend direction for WANG & LEE GROUP INC (WLGS) is Bearish.
What is the RSI signal for WANG & LEE GROUP INC (WLGS) stock?
WANG & LEE GROUP INC (WLGS) has an RSI value of 42.4355. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WANG & LEE GROUP INC?
The short term momentum for WANG & LEE GROUP INC (WLGS) is negative.
Can you provide the buy/sell signal for WANG & LEE GROUP INC?
The buy/sell signal for WANG & LEE GROUP INC (WLGS) is sell as both the short term and long term trends are negative.