WRAP TECHNOLOGIES INC (WRAP) Stock Technical Analysis
NASDAQ:WRAP • US98212N1072
Taking everything into account, WRAP scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than WRAP.
- WRAP is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 73% 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 1.55 - 2.38 range, which is quite wide. It is currently trading near the lows of this range.
WRAP 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 very little resistance above the current price.
More info and screens
1.56
2 important support areas can be observed.
- A support zone ranging from 1.70 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.58 to 1.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.81 from a horizontal line in the weekly 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 WRAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRAP is down. |
| ChartMill Relative Strength | 15.49 | NEGATIVE | WRAP has a low relative strength, it was outperformed by 84.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRAP is below a declining 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) | 41.65 | NEUTRAL | The RSI value for WRAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WRAP has a positive trend. |
| Stochastics (14,3) | 31.49 | NEUTRAL | The Stochastics value for WRAP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for WRAP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for WRAP suggests a strong trend. |
NASDAQ:WRAP (2/27/2026, 6:17:33 PM)
1.72
+0.05 (+2.99%)
WRAP TECHNOLOGIES INC / WRAP FAQ
Can you provide the ChartMill technical rating for WRAP TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to WRAP.
Can you provide the trend direction for WRAP TECHNOLOGIES INC?
The current trend direction for WRAP TECHNOLOGIES INC (WRAP) is Bearish.
Can you provide the RSI signal for WRAP TECHNOLOGIES INC?
WRAP TECHNOLOGIES INC (WRAP) has an RSI value of 41.6506. This indicates that the stock is currently neutral.
What is the MACD signal for WRAP TECHNOLOGIES INC (WRAP) stock?
The MACD indicator for WRAP TECHNOLOGIES INC (WRAP) has a value of 0.0137009, indicating a bearish trend.
Can you provide the support and resistance levels for WRAP TECHNOLOGIES INC?
WRAP TECHNOLOGIES INC (WRAP) has a support level at 1.71 and a resistance level at 2.81. Check the full technical report for our detailed analysis of WRAP support and resistance levels.