Taking everything into account, WORX scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, WORX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.23
We found 1 important support area.
We can see 3 important resistance areas.
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 | 3.31 | NEGATIVE | WORX has a low relative strength, it was outperformed by 96.69% 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) | 42.6 | NEUTRAL | The RSI value for WORX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WORX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.75 | NEUTRAL | The Stochastics value for WORX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for WORX suggests high volalility. |
| Average Directional Index/ADX (14) | 44.5 | POSITIVE | The high ADX value value for WORX suggests a strong trend. |
0.2378
-0.01 (-2.22%)
ChartMill assigns a technical rating of 0 / 10 to WORX.
The current trend direction for SCWORX CORP (WORX) is Bearish.
SCWORX CORP (WORX) has an RSI value of 42.5962. This indicates that the stock is currently neutral.
The MACD indicator for SCWORX CORP (WORX) has a value of -0.00012207, indicating a bearish trend.
The buy/sell signal for SCWORX CORP (WORX) is sell as both the short term and long term trends are negative.