Overall WTO gets a technical rating of 0 out of 10. WTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WTO has a poor technical rating and the quality of the setup is also not perfect 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
1.09
When analyzing the resistance we notice one important area.
- Resistance @1.22 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 | DOWN | NEGATIVE | The short term trend for WTO is down. |
| ChartMill Relative Strength | 0.04 | NEGATIVE | WTO has a low relative strength, it was outperformed by 99.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WTO is below a declining 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) | 17.71 | OVERSOLD | The low RSI value suggests WTO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.25 | POSITIVE | The MACD value suggests WTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.11 | OVERSOLD | The low Stochastics value suggests WTO may be oversold. |
| Average True Range in percent/ATR (20) | 41.91 | HIGH VOLATILITY | The high ATR as a percentage value for WTO suggests high volalility. |
| Average Directional Index/ADX (14) | 55.1 | POSITIVE | The high ADX value value for WTO suggests a strong trend. |
1.1
-0.12 (-9.84%)
UTIME LTD-A / WTO FAQ
Can you provide the ChartMill technical rating for UTIME LTD-A?
ChartMill assigns a technical rating of 0 / 10 to WTO.
What is the trend direction for WTO stock?
The current trend direction for UTIME LTD-A (WTO) is Bearish.
Can you provide the RSI signal for UTIME LTD-A?
UTIME LTD-A (WTO) has an RSI value of 17.7134. This indicates that the stock is currently oversold.
What is the short term momentum for UTIME LTD-A (WTO) stock?
The short term momentum for UTIME LTD-A (WTO) is negative.
What is the support and resistance level for WTO stock?
UTIME LTD-A (WTO) has a resistance level at 1.22. Check the full technical report for our detailed analysis of WTO support and resistance levels.