WATON FINANCIAL LTD (WTF) Stock Technical Analysis
NASDAQ:WTF - VGG9548D1042 - Common Stock
We assign a technical rating of 2 out of 10 to WTF. WTF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
WTF 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. There is a resistance zone just above the current price starting at 4.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.30, a Stop Loss order could be placed below this zone.
More info and screens
4.20
We found 1 important support area.
- A support zone ranging from 4.24 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.82 to 4.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for WTF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WTF is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | WTF has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WTF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WTF is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.38 | NEUTRAL | The RSI value for WTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests WTF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.79 | NEUTRAL | The Stochastics value for WTF is a neutral value. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for WTF suggests high volalility. |
| Average Directional Index/ADX (14) | 10.61 | NEGATIVE | The low ADX value for WTF suggests a weak or negative trend. |
4.81
+0.06 (+1.26%)