WULF Technical Analysis - TERAWULF INC

Technical Rating and Analysis

Taking everything into account, WULF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WULF 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, WULF did better than 98% of all other stocks. On top of that, WULF also shows a nice and consistent pattern of rising prices.

WULF is one of the better performing stocks in the Software industry, it outperforms 95% of 282 stocks in the same industry.

WULF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WULF is lagging the market slightly.

WULF has an average volume of 50760000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month WULF has a been trading in the 10.43 - 16.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although WULF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.24

14.01

We found 2 important support areas.

Support @13.01 from a trend line in the daily time frame.
A support zone ranging from 12.36 to 12.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 13.85 to 13.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for WULF is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for WULF is up.
ChartMill Relative Strength	98.06	POSITIVE	WULF has a high relative strength, it outperformed 98.06% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of WULF is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of WULF is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of WULF is above the rising SMA(200).
Relative Strength Index/RSI (14)	64.68	NEUTRAL	The RSI value for WULF is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.19	POSITIVE	The MACD value suggests WULF has a positive trend, although the MACD value is declining.
Stochastics (14,3)	76.73	NEUTRAL	The Stochastics value for WULF is a neutral value.
Average True Range in percent/ATR (20)	8.07	HIGH VOLATILITY	The high ATR as a percentage value for WULF suggests high volalility.
Average Directional Index/ADX (14)	52.19	POSITIVE	The high ADX value value for WULF suggests a strong trend.