8.71 USD
-0.12 (-1.36%)
8.7 USD
-0.01 (-0.11%)
Overall WRD gets a technical rating of 1 out of 10. WRD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, WRD is a bad performer in the overall market: 88% of all stocks are doing better.
WRD is one of the lesser performing stocks in the Automobile Components industry. 76% of 43 stocks in the same industry do better.
WRD 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.
WRD has an average volume of 5771680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WRD has a been trading in the 8.03 - 9.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WRD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.97
9.62
2 important support areas can be observed.
- Support @8.43 from a horizontal line in the daily time frame.
- A support zone ranging from 7.04 to 7.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.75 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.52 to 9.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WRD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRD is neutral. |
| ChartMill Relative Strength | 12.35 | NEGATIVE | WRD has a low relative strength, it was outperformed by 87.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.23 | NEUTRAL | The RSI value for WRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WRD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.36 | NEUTRAL | The Stochastics value for WRD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WRD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for WRD 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)
8.71
-0.12 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.36%
1 Week1.75%
2 Weeks-2.35%
1 Month8.33%
3 Month-14.52%
6 Month8.47%
12 Month-38.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%4.39%
ATR Inc-35.24%
Range Today0.33
ADR(20)0.35
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.35
3 months CRS18.46
6 months CRS61.39
Mansfield-3.1
10 Day High9.23
10 Day Low8.23
20 Day High9.56
20 Day Low8.03
52 Week High44
52 Week Low6.03
CS1 End8.43
CR1 Start8.75
Volume & EV
DER(3)-8.57%
DER(5)-6.29%
Volume2.56M
Volume Incr-27.61%
Vol(5)3.39M
Vol(50)5.77M
WERIDE INC-ADR / WRD FAQ
Can you provide the ChartMill technical rating for WERIDE INC-ADR?
ChartMill assigns a technical rating of 1 / 10 to WRD.
Can you provide the trend direction for WERIDE INC-ADR?
The current trend direction for WERIDE INC-ADR (WRD) is Bearish.
What is the RSI signal for WRD stock?
WERIDE INC-ADR (WRD) has an RSI value of 49.2341. This indicates that the stock is currently neutral.
What is the support and resistance level for WRD stock?
WERIDE INC-ADR (WRD) has a support level at 8.43 and a resistance level at 8.75. Check the full technical report for our detailed analysis of WRD support and resistance levels.