SCWORX CORP (WORX) Stock Technical Analysis
NASDAQ:WORX - US78396V2088 - Common Stock
0.318 USD
+0.04 (+14.8%)
0.32 USD
+0 (+0.63%)
We assign a technical rating of 0 out of 10 to WORX. WORX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WORX is a bad performer in the overall market: 97% of all stocks are doing better.
WORX is one of the lesser performing stocks in the Health Care Technology industry. 85% of 35 stocks in the same industry do better.
WORX 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 WORX has a been trading in the 0.26 - 0.43 range, which is quite wide. It is currently trading near the lows of this range.
WORX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.33. Right above this resistance zone may be a good entry point.
More info and screens
0.31
0.39
When analyzing the support we notice one important area.
- Support @0.32 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 WORX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WORX is down. |
| ChartMill Relative Strength | 3.18 | NEGATIVE | WORX has a low relative strength, it was outperformed by 96.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WORX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WORX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WORX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for WORX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WORX has a positive trend. |
| Stochastics (14,3) | 16.28 | OVERSOLD | The low Stochastics value suggests WORX may be oversold. |
| Average True Range in percent/ATR (20) | 16.06 | HIGH VOLATILITY | The high ATR as a percentage value for WORX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for WORX 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)
0.318
+0.04 (+14.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg14.8%
1 Week-1.82%
2 Weeks5.75%
1 Month-25.53%
3 Month-20.99%
6 Month-76.62%
12 Month-72.35%
2 Year-88.29%
3 Year-96.76%
5 Year-98.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%16.06%
ATR Inc-26.31%
Range Today0.06
ADR(20)0.05
ADR(20)%15.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.18
Mansfield-7.12
10 Day High0.35
10 Day Low0.26
20 Day High0.44
20 Day Low0.26
52 Week High3.31
52 Week Low0.26
CS1 End0.32
CR1 Start0.33
Volume & EV
DER(3)-2.56%
DER(5)0.77%
Volume1.91M
Volume Incr-51.21%
Vol(5)612.92K
Vol(50)700.75K