WOLFSPEED INC (WOLF) Technical Analysis
NYSE:WOLF • US97785W1062
Current stock price
16.82 USD
-1.68 (-9.08%)
At close:
16.93 USD
+0.11 (+0.65%)
After Hours:
WOLF Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to WOLF. WOLF was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month WOLF has a been trading in the 15.64 - 22.19 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- WOLF is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 99% of 115 stocks in the same industry.
- WOLF has an average volume of 1798310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that WOLF is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- WOLF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WOLF is lagging the market slightly.
WOLF Weekly and Daily overview Charts
WOLF Setup Rating and Analysis
WOLF has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
WOLF Support and Resistance Analysis
15.50
20.87
We found 1 important support area.
- Support @15.66 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 16.82 to 16.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.17 to 17.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.50 to 18.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.30 from a trend line in the weekly time frame.
- Resistance @20.66 from a trend line in the daily time frame.
WOLF 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 | UP | POSITIVE | The long term trend for WOLF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WOLF is neutral. |
| ChartMill Relative Strength | 99.32 | POSITIVE | WOLF has a high relative strength, it outperformed 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WOLF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WOLF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WOLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for WOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WOLF has a negative trend. |
| Stochastics (14,3) | 47.86 | NEUTRAL | The Stochastics value for WOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for WOLF suggests high volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for WOLF suggests a weak or negative trend. |
WOLF Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WOLF Technicals: Chart, Performance Metrics, Trend & Indicators
16.82
-1.68 (-9.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-9.08%
1 Week-1.41%
2 Weeks-0.88%
1 Month-16.77%
3 Month-6.3%
6 Month1290.08%
12 Month549.42%
2 Year-42.98%
3 Year-74.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%9.91%
ATR Inc15.25%
Range Today1.55
ADR(20)1.57
ADR(20)%9.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.32
3 months CRS38.03
6 months CRS99.98
Mansfield5.87
10 Day High18.95
10 Day Low15.64
20 Day High22.19
20 Day Low15.64
52 Week High36.6
52 Week Low0.39
CS1 End15.66
CR1 Start16.82
Volume & EV
DER(3)-1.09%
DER(5)0.05%
Volume788.20K
Volume Incr-4.56%
Vol(5)1.53M
Vol(50)1.80M
WOLFSPEED INC / WOLF TA FAQ
What is the ChartMill technical rating of WOLFSPEED INC (WOLF) stock?
ChartMill assigns a technical rating of 4 / 10 to WOLF.
Can you provide the trend direction for WOLFSPEED INC?
The current trend direction for WOLFSPEED INC (WOLF) is Bullish.
What is the RSI signal for WOLFSPEED INC (WOLF) stock?
WOLFSPEED INC (WOLF) has an RSI value of 46.198. This indicates that the stock is currently neutral.
What are the support and resistance levels for WOLFSPEED INC (WOLF) stock?
WOLFSPEED INC (WOLF) has a support level at 15.66 and a resistance level at 16.82. Check the full technical report for our detailed analysis of WOLF support and resistance levels.