NASDAQ:WLGS - Nasdaq - VGG9T22C1003 - Common Stock - Currency: USD
Taking everything into account, WLGS scores 1 out of 10 in our technical rating. WLGS'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.
Although the technical rating is bad, WLGS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
0.23
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | 1.29 | NEGATIVE | WLGS has a low relative strength, it was outperformed by 98.71% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WLGS is above the rising 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) | 36 | NEUTRAL | The RSI value for WLGS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests WLGS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 24.04 | NEUTRAL | The Stochastics value for WLGS is a neutral value. |
Average True Range in percent/ATR (20) | 21.5 | HIGH VOLATILITY | The high ATR as a percentage value for WLGS suggests high volalility. |
Average Directional Index/ADX (14) | 31.84 | POSITIVE | The high ADX value value for WLGS suggests a strong trend. |
0.241
-0.01 (-2.7%)