WRAP TECHNOLOGIES INC (WRAP) Technical Analysis
NASDAQ:WRAP • US98212N1072
Current stock price
WRAP Technical Rating and Analysis
Overall WRAP gets a technical rating of 1 out of 10. WRAP'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, WRAP is a bad performer in the overall market: 86% of all stocks are doing better.
- WRAP is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 69% are performing better than WRAP.
- WRAP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WRAP has a been trading in the 1.35 - 1.65 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WRAP Weekly and Daily overview Charts
WRAP Setup Rating and Analysis
WRAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WRAP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
WRAP Support and Resistance Analysis
1.27
We found 3 important support areas.
- A support zone ranging from 1.45 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.28 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.58 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.81 from a horizontal line in the weekly time frame.
WRAP 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 | DOWN | NEGATIVE | The long term trend for WRAP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRAP is neutral. |
| ChartMill Relative Strength | 14.94 | NEGATIVE | WRAP has a low relative strength, it was outperformed by 85.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WRAP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for WRAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WRAP has a positive trend. |
| Stochastics (14,3) | 57.94 | NEUTRAL | The Stochastics value for WRAP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for WRAP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.33 | NEGATIVE | The low ADX value for WRAP suggests a weak or negative trend. |
WRAP Chart- and CandleStick Pattern Analysis
WRAP Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:WRAP (4/22/2026, 4:30:02 PM)
1.57
+0.08 (+5.37%)
WRAP TECHNOLOGIES INC / WRAP TA FAQ
Can you provide the ChartMill technical rating for WRAP TECHNOLOGIES INC?
ChartMill assigns a technical rating of 1 / 10 to WRAP.
Can you provide the trend direction for WRAP TECHNOLOGIES INC?
The current trend direction for WRAP TECHNOLOGIES INC (WRAP) is Bearish.
What is the RSI signal for WRAP TECHNOLOGIES INC (WRAP) stock?
WRAP TECHNOLOGIES INC (WRAP) has an RSI value of 52.6115. This indicates that the stock is currently neutral.
What is the support and resistance level for WRAP stock?
WRAP TECHNOLOGIES INC (WRAP) has a support level at 1.45 and a resistance level at 1.58. Check the full technical report for our detailed analysis of WRAP support and resistance levels.