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. 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.
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: 98% of all stocks are doing better.
WTO is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 91% are performing better than WTO.
WTO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WTO is lagging the market.
In the last month WTO has a been trading in the 1.64 - 3.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, WTO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for WTO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.85
2.39
When analyzing the resistance we notice 2 important areas.
- Resistance @2.29 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 | 2.52 | NEGATIVE | WTO has a low relative strength, it was outperformed by 97.48% 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) | DOWN | MIXED | The current price of WTO is above 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) | 47.8 | NEUTRAL | The RSI value for WTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.02 | NEUTRAL | The Stochastics value for WTO is a neutral value. |
| Average True Range in percent/ATR (20) | 19.3 | HIGH VOLATILITY | The high ATR as a percentage value for WTO suggests high volalility. |
| Average Directional Index/ADX (14) | 36.75 | 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)
1.87
-0.4 (-17.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-17.62%
1 Week-4.59%
2 Weeks5.06%
1 Month16.88%
3 Month-31.95%
6 Month-46.11%
12 Month-98.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%19.3%
ATR Inc173%
Range Today1.3
ADR(20)0.36
ADR(20)%19.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.52
Mansfield-9.73
10 Day High3
10 Day Low1.7
20 Day High3
20 Day Low1.64
52 Week High622.5
52 Week Low1.06
CS1 EndN/A
CR1 Start2.29
Volume & EV
DER(3)7.94%
DER(5)4.92%
Volume1.49M
Volume Incr265.52%
Vol(5)401.60K
Vol(50)240.71K