WERIDE INC-ADR (WRD) Stock Technical Analysis
NASDAQ:WRD - Nasdaq - US9509151083 - ADR - Currency: USD
Overall WRD gets a technical rating of 2 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.
When comparing the yearly performance of all stocks, WRD is a bad performer in the overall market: 100% of all stocks are doing better.
WRD is part of the Automobile Components industry. There are 80 other stocks in this industry, of which 100% are performing better than WRD.
In the last month WRD has a been trading in the 8.12 - 11.50 range, which is quite wide. It is currently trading near the lows of this range.
WRD has an average volume of 9497240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
WRD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.84
10.45
3 important support areas can be observed.
- A support zone ranging from 8.64 to 8.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.41 from a trend line in the daily time frame.
- Support @7.92 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @9.45 from a trend line in the daily time frame.
- A resistance zone ranging from 10.35 to 10.35. 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 | NEUTRAL | NEUTRAL | The long term trend for WRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRD is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | WRD has a low relative strength, it was outperformed by 100% 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 | MIXED | The current price of WRD is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for WRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.78 | OVERSOLD | The low Stochastics value suggests WRD may be oversold. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for WRD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.97 | POSITIVE | The high ADX value value for WRD suggests a strong 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)
9.19
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.11%
1 Week6.24%
2 Weeks-11.12%
1 Month7.61%
3 Month14.73%
6 Month-42.35%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%6.47%
ATR Inc-12.11%
Range Today0.45
ADR(20)0.56
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.5
10 Day Low8.4
20 Day High11.5
20 Day Low8.12
52 Week HighN/A
52 Week LowN/A
CS1 End8.64
CR1 Start9.45
Volume & EV
DER(3)-3.03%
DER(5)-3.23%
Volume5.02M
Volume Incr-36.65%
Vol(5)5.60M
Vol(50)9.50M