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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than WTO.
- WTO is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 94% are performing better than WTO.
- 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 0.55 - 1.13 range, which is quite wide. It is currently trading near the lows of this range.
- WTO has an average volume of 77077900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
WTO 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 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
0.67
We found 2 important support areas.
- Support @0.72 from a trend line in the daily time frame.
- Support @0.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.91 from a trend 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 | 0.19 | NEGATIVE | WTO has a low relative strength, it was outperformed by 99.81% 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) | 24.04 | OVERSOLD | The low RSI value suggests WTO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests WTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.43 | NEUTRAL | The Stochastics value for WTO is a neutral value. |
| Average True Range in percent/ATR (20) | 14.48 | HIGH VOLATILITY | The high ATR as a percentage value for WTO suggests high volalility. |
| Average Directional Index/ADX (14) | 49.71 | POSITIVE | The high ADX value value for WTO suggests a strong trend. |
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+0.03 (+4.27%)
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 current trend direction of UTIME LTD-A (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 24.0364. 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 buy/sell signal for UTIME LTD-A (WTO) stock?
The buy/sell signal for UTIME LTD-A (WTO) is sell as both the short term and long term trends are negative.