Wireless Telecom (WTT) Stock Technical Analysis
NYSEARCA:WTT - NYSE Arca - US9765241081 - Common Stock - Currency: USD
Overall WTT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WTT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, WTT did better than 93% of all other stocks. On top of that, WTT also shows a nice and consistent pattern of rising prices.
WTT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 125 stocks in the same industry.
WTT is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WTT is leading the market.
In the last month WTT has a been trading in a tight range between 2.09 and 2.13.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, WTT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.12, a Stop Loss order could be placed below this zone.
More info and screens
1.51
2.16
We found 5 important support areas.
- A support zone ranging from 2.04 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.86 from a horizontal line in the daily time frame.
- Support @1.74 from a trend line in the weekly time frame.
- Support @1.58 from a horizontal line in the daily time frame.
- Support @1.53 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.14 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.14
Mansfield1.01
10 Day High2.13
10 Day Low2.11
20 Day High2.13
20 Day Low2.09
52 Week High2.13
52 Week Low1.15
Performance
1 Week0.48%
2 Weeks0.47%
1 Month1.67%
3 Month18.33%
6 Month12.11%
12 Month43.92%
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
RSI(14)67.19
LBB2.1
UBB2.13
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.15 | 2.10 | 0.05 (2.33%) | 25.00% |
| An entry @2.15. This is a Buy Stop order right above the resistance zone. | An exit @2.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 2.33%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:WTT (8/3/2023, 8:15:22 PM)
2.13
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week0.48%
2 Weeks0.47%
1 Month1.67%
3 Month18.33%
6 Month12.11%
12 Month43.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.5%
ATR Inc-3.45%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.14
Mansfield1.01
10 Day High2.13
10 Day Low2.11
20 Day High2.13
20 Day Low2.09
52 Week High2.13
52 Week Low1.15
CS1 End2.12
CR1 Start2.14
Volume & EV
DER(3)1.29%
DER(5)2.31%
Volume76.80K
Volume Incr29.75%
Vol(5)60.16K
Vol(50)207.79K