WORK MEDICAL TECHNOLOGY GR-A (WOK) Technical Analysis
NASDAQ:WOK • KYG9767H1258
Current stock price
WOK Technical Rating and Analysis
Taking everything into account, WOK scores 1 out of 10 in our technical rating. WOK'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WOK is a bad performer in the overall market: 98% of all stocks are doing better.
- WOK is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 86% of 187 stocks in the same industry do better.
- WOK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month WOK has a been trading in the 1.11 - 1.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WOK Weekly and Daily overview Charts
WOK Setup Rating and Analysis
Although the technical rating is bad, WOK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.11, a Stop Loss order could be placed below this zone.
More info and screens
WOK Support and Resistance Analysis
1.09
We found 1 important support area.
- A support zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
WOK 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 WOK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WOK is down. |
| ChartMill Relative Strength | 2 | NEGATIVE | WOK has a low relative strength, it was outperformed by 98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WOK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WOK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WOK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.21 | NEUTRAL | The RSI value for WOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests WOK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.88 | NEUTRAL | The Stochastics value for WOK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for WOK suggests high volalility. |
| Average Directional Index/ADX (14) | 35.73 | POSITIVE | The high ADX value value for WOK suggests a strong trend. |
WOK Chart- and CandleStick Pattern Analysis
WOK Technicals: Chart, Performance Metrics, Trend & Indicators
1.18
+0.01 (+1.29%)
WORK MEDICAL TECHNOLOGY GR-A / WOK TA FAQ
Can you provide the ChartMill technical rating for WORK MEDICAL TECHNOLOGY GR-A?
ChartMill assigns a technical rating of 1 / 10 to WOK.
Can you provide the trend direction for WORK MEDICAL TECHNOLOGY GR-A?
The current trend direction for WORK MEDICAL TECHNOLOGY GR-A (WOK) is Bearish.
Can you provide the RSI signal for WORK MEDICAL TECHNOLOGY GR-A?
WORK MEDICAL TECHNOLOGY GR-A (WOK) has an RSI value of 32.2071. This indicates that the stock is currently neutral.
What is the MACD signal for WOK stock?
The MACD indicator for WORK MEDICAL TECHNOLOGY GR-A (WOK) has a value of 0.272395, indicating a bearish trend.
What is the support and resistance level for WOK stock?
WORK MEDICAL TECHNOLOGY GR-A (WOK) has a support level at 1.11 and a resistance level at 1.23. Check the full technical report for our detailed analysis of WOK support and resistance levels.