WANG & LEE GROUP INC (WLGS) Stock Technical Analysis
USA - NASDAQ:WLGS - VGG9T22C1003 - Common Stock
Taking everything into account, WLGS scores 0 out of 10 in our technical rating. 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.
WLGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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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.
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. |
0.044
0 (-5.58%)
WANG & LEE GROUP INC / WLGS FAQ
What is the ChartMill technical rating of WANG & LEE GROUP INC (WLGS) stock?
ChartMill assigns a technical rating of 0 / 10 to WLGS.
Can you provide the trend direction for WANG & LEE GROUP INC?
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.
What is the MACD signal for WLGS stock?
The MACD indicator for WANG & LEE GROUP INC (WLGS) has a value of 0.000427955, indicating a bearish trend.
What is the buy/sell signal for WANG & LEE GROUP INC (WLGS) stock?
The buy/sell signal for WANG & LEE GROUP INC (WLGS) is sell as both the short term and long term trends are negative.