WTO Technical Analysis - UTIME LTD

Technical Rating and Analysis

Taking everything into account, WTO scores 0 out of 10 in our technical rating. WTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

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. 95% of 124 stocks in the same industry do better.

WTO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month WTO has a been trading in the 0.06 - 1.27 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.

WTO has an average volume of 2132780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of WTO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.07

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Technical Indicator Signal Analysis

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	0.07	NEGATIVE	WTO has a low relative strength, it was outperformed by 99.93% 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)	15.57	OVERSOLD	The low RSI value suggests WTO may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.11	NEGATIVE	The MACD value suggests WTO has a negative trend.
Stochastics (14,3)	25.53	NEUTRAL	The Stochastics value for WTO is a neutral value.
Average True Range in percent/ATR (20)	199.29	HIGH VOLATILITY	The high ATR as a percentage value for WTO suggests high volalility.
Average Directional Index/ADX (14)	31.83	POSITIVE	The high ADX value value for WTO suggests a strong trend.