Wireless Telecom (WTT)

US9765241081 - Common Stock

2.13  0 (0%)

Technical Rating and Analysis

10

Taking everything into account, WTT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WTT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WTT is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by WTT over the past year are nicely spread over this period.
WTT is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry. WTT outperforms 90% of them.
A new 52 week high is currently being made by WTT, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, 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.
Weekly and Daily overview Charts
WTT Weekly chart
WTT Daily chart
Setup Rating and Analysis

8

WTT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.

Support and Resistance Analysis

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
2.152.100.05 (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 worst case loss on the trade is limited to 0.05 points, which is 2.33%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%.

  • 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.
WTT Daily chart

Wireless Telecom

NYSEARCA:WTT (8/3/2023, 7:15:22 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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%0.5%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume76.80K
Volume Incr29.75%
Vol(5)60.16K
Vol(50)207.79K