WESHOP HOLDINGS LTD-CL A (WSHP) Technical Analysis
NASDAQ:WSHP • VGG1472N1252
Taking everything into account, WSHP scores 0 out of 10 in our technical rating. WSHP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WSHP is a bad performer in the overall market: 100% of all stocks are doing better.
- WSHP is one of the lesser performing stocks in the Interactive Media & Services industry. 91% of 69 stocks in the same industry do better.
- In the last month WSHP has a been trading in the 13.66 - 61.99 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
WSHP 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
17.31
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 WSHP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSHP is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WSHP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSHP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSHP is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 31.67 | NEUTRAL | The RSI value for WSHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests WSHP has a positive trend. |
| Stochastics (14,3) | 13.32 | OVERSOLD | The low Stochastics value suggests WSHP may be oversold. |
| Average True Range in percent/ATR (20) | 44.16 | HIGH VOLATILITY | The high ATR as a percentage value for WSHP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for WSHP suggests a strong trend. |
WSHP Technicals: Chart, Performance Metrics, Trend & Indicators
17.48
+0.76 (+4.55%)
WESHOP HOLDINGS LTD-CL A / WSHP FAQ
What is the technical rating for WSHP stock?
ChartMill assigns a technical rating of 0 / 10 to WSHP.
Can you provide the trend direction for WESHOP HOLDINGS LTD-CL A?
The current trend direction for WESHOP HOLDINGS LTD-CL A (WSHP) is Bearish.
Can you provide the RSI signal for WESHOP HOLDINGS LTD-CL A?
WESHOP HOLDINGS LTD-CL A (WSHP) has an RSI value of 31.6702. This indicates that the stock is currently neutral.
What is the short term momentum for WESHOP HOLDINGS LTD-CL A (WSHP) stock?
The short term momentum for WESHOP HOLDINGS LTD-CL A (WSHP) is negative.