Taking everything into account, WOK scores 0 out of 10 in our technical rating. WOK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of WOK is bad and it also does not present a 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.
1.91
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 | 0.01 | NEGATIVE | WOK has a low relative strength, it was outperformed by 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WOK is below a declining 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) | 28.12 | OVERSOLD | The low RSI value suggests WOK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 25.02 | POSITIVE | The MACD value suggests WOK has a positive trend. |
| Stochastics (14,3) | 0.98 | OVERSOLD | The low Stochastics value suggests WOK may be oversold. |
| Average True Range in percent/ATR (20) | 1860.97 | HIGH VOLATILITY | The high ATR as a percentage value for WOK suggests high volalility. |
| Average Directional Index/ADX (14) | 41.93 | POSITIVE | The high ADX value value for WOK suggests a strong trend. |
1.93
-0.14 (-6.76%)
ChartMill assigns a technical rating of 0 / 10 to WOK.
The current trend direction for WORK MEDICAL TECHNOLOGY GR-A (WOK) is Bearish.
WORK MEDICAL TECHNOLOGY GR-A (WOK) has an RSI value of 28.1205. This indicates that the stock is currently oversold.
The MACD indicator for WORK MEDICAL TECHNOLOGY GR-A (WOK) has a value of 25.0187, indicating a bullish trend.
The short term momentum for WORK MEDICAL TECHNOLOGY GR-A (WOK) is negative.