WOLFSPEED INC (WOLF) Stock Technical Analysis
NYSE:WOLF - US2254471012 - Common Stock
1.24 USD
+0.05 (+4.2%)
1.24 USD
0 (0%)
Overall WOLF gets a technical rating of 1 out of 10. WOLF'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.
96% of all other stocks performed better in the past year than WOLF.
WOLF is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 92% of 112 stocks in the same industry do better.
WOLF 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 WOLF has a been trading in the 1.17 - 1.62 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WOLF has an average volume of 58950600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WOLF does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.17
1.42
When analyzing the support we notice one important area.
- Support @1.18 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.41 from a horizontal line 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 WOLF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WOLF is down. |
| ChartMill Relative Strength | 4.11 | NEGATIVE | WOLF has a low relative strength, it was outperformed by 95.89% 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) | UP | MIXED | The current price of WOLF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WOLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.7 | NEUTRAL | The RSI value for WOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WOLF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.1 | OVERSOLD | The low Stochastics value suggests WOLF may be oversold. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for WOLF suggests high volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for WOLF suggests a weak or negative trend. |
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)
1.24
+0.05 (+4.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.2%
1 Week-9.49%
2 Weeks-8.15%
1 Month-18.42%
3 Month4.2%
6 Month-78.55%
12 Month-87.28%
2 Year-97.41%
3 Year-98.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.49%
ATR Inc24.85%
Range Today0.09
ADR(20)0.1
ADR(20)%8.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.11
Mansfield-7.95
10 Day High1.46
10 Day Low1.17
20 Day High1.62
20 Day Low1.17
52 Week High17.45
52 Week Low0.39
CS1 End1.18
CR1 Start1.41
Volume & EV
DER(3)-4.4%
DER(5)-6.44%
Volume5.80M
Volume Incr-38.47%
Vol(5)5.64M
Vol(50)58.95M