ANDRETTI ACQ CORP -A -CW23 (WNN.W) Technical Analysis
NYSE:WNN.W
Current stock price
WNN.W Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to WNN.W. In the last year, WNN.W was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- A new 52 week high is currently being made by WNN.W, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WNN.W has a been trading in the 0.22 - 0.48 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, WNN.W did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WNN.W Weekly and Daily overview Charts
WNN.W Setup Rating and Analysis
Although WNN.W 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
WNN.W Support and Resistance Analysis
0.20
3 important support areas can be observed.
- Support @0.28 from a trend line in the daily time frame.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.20 from a horizontal line in the daily time frame.
WNN.W 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 | NEUTRAL | NEUTRAL | The long term trend for WNN.W is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WNN.W is up. |
| ChartMill Relative Strength | 97.64 | POSITIVE | WNN.W has a high relative strength, it outperformed 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WNN.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WNN.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WNN.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.28 | NEUTRAL | The RSI value for WNN.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WNN.W has a positive trend. |
| Stochastics (14,3) | 82.55 | OVERBOUGHT | The high Stochastics value suggests WNN.W may be overbought. |
| Average True Range in percent/ATR (20) | 12.68 | HIGH VOLATILITY | The high ATR as a percentage value for WNN.W suggests high volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for WNN.W suggests a weak or negative trend. |
WNN.W Chart- and CandleStick Pattern Analysis
WNN.W Technicals: Chart, Performance Metrics, Trend & Indicators
0.41
+0.04 (+11.78%)
ANDRETTI ACQ CORP -A -CW23 / WNN.W TA FAQ
What is the technical rating for WNN.W stock?
ChartMill assigns a technical rating of 8 / 10 to WNN.W.
What is the current trend direction of ANDRETTI ACQ CORP -A -CW23 (WNN.W) stock?
The current trend direction for ANDRETTI ACQ CORP -A -CW23 (WNN.W) is Bearish.
Can you provide the RSI signal for ANDRETTI ACQ CORP -A -CW23?
ANDRETTI ACQ CORP -A -CW23 (WNN.W) has an RSI value of 66.2766. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANDRETTI ACQ CORP -A -CW23?
The MACD indicator for ANDRETTI ACQ CORP -A -CW23 (WNN.W) has a value of 0.0140574, indicating a bearish trend.
What is the short term momentum for ANDRETTI ACQ CORP -A -CW23 (WNN.W) stock?
The short term momentum for ANDRETTI ACQ CORP -A -CW23 (WNN.W) is positive.