UTIME LTD (WTO) Stock Technical Analysis
NASDAQ:WTO - Nasdaq - KYG9411M1244 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to WTO. Recently some decent action could be observed, but in the medium term time frame this is still negative. WTO was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WTO is a bad performer in the overall market: 100% of all stocks are doing better.
WTO is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 93% of 124 stocks in the same industry do better.
WTO 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.
In the last month WTO has a been trading in the 1.01 - 1.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WTO 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
1.04
2.39
2 important support areas can be observed.
- Support @1.09 from a trend line in the daily time frame.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @1.18 from a horizontal line in the weekly time frame.
- Resistance @1.20 from a horizontal line in the daily time frame.
- Resistance @1.28 from a trend line in the daily time frame.
- Resistance @1.85 from a trend line in the daily time frame.
- Resistance @2.37 from a horizontal line in the daily 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 WTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WTO is neutral. |
| ChartMill Relative Strength | 0.98 | NEGATIVE | WTO has a low relative strength, it was outperformed by 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WTO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for WTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WTO has a negative trend. |
| Stochastics (14,3) | 32.78 | NEUTRAL | The Stochastics value for WTO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for WTO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.87 | POSITIVE | The high ADX value value for WTO 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)
1.1
-0.05 (-4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.35%
1 Week3.77%
2 Weeks-6.78%
1 Month5.79%
3 Month-38.55%
6 Month-59.57%
12 Month-99.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.54%
ATR Inc-17.89%
Range Today0.06
ADR(20)0.11
ADR(20)%10.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.98
Mansfield-9.56
10 Day High1.26
10 Day Low1.01
20 Day High1.31
20 Day Low1.01
52 Week High622.5
52 Week Low0.75
CS1 End1.09
CR1 Start1.18
Volume & EV
DER(3)-7.24%
DER(5)-3.18%
Volume6.80K
Volume Incr-24.16%
Vol(5)54.44K
Vol(50)70.10K