UTIME LTD (WTO) Stock Technical Analysis
NASDAQ:WTO - Nasdaq - KYG9411M1244 - Common Stock - Currency: USD
Taking everything into account, WTO scores 2 out of 10 in our technical rating. 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.
97% 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 90% are performing better than WTO.
WTO is currently trading near the lower end of its 52 week range, which is not a good sign. WTO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WTO has a been trading in the 1.06 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WTO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.49
3.17
When analyzing the support we notice one important area.
- Support @1.51 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.08 from a trend line in the daily time frame.
- A resistance zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.14 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.3
Mansfield-9.73
10 Day High2.4
10 Day Low1.3
20 Day High2.4
20 Day Low1.06
52 Week High622.5
52 Week Low1.06
Performance
1 Week23.75%
2 Weeks12.28%
1 Month39.43%
3 Month-26.96%
6 Month-52.86%
12 Month-96.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)54.59
LBB1.25
UBB2.32
1.98
-0.02 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1%
1 Week23.75%
2 Weeks12.28%
1 Month39.43%
3 Month-26.96%
6 Month-52.86%
12 Month-96.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%16.21%
ATR Inc-55.75%
Range Today0.15
ADR(20)0.3
ADR(20)%15.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.3
Mansfield-9.73
10 Day High2.4
10 Day Low1.3
20 Day High2.4
20 Day Low1.06
52 Week High622.5
52 Week Low1.06
CS1 End1.51
CR1 Start2.08
Volume & EV
DER(3)-16.43%
DER(5)-9.9%
Volume46.10K
Volume Incr61.35%
Vol(5)297.02K
Vol(50)279.38K