WULF Technical Analysis - TERAWULF INC

Technical Rating and Analysis

Taking everything into account, WULF scores 9 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.

The long and short term trends are both positive. This is looking good!

WULF is part of the Software industry. There are 279 other stocks in this industry. WULF outperforms 93% of them.

WULF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month WULF has a been trading in the 8.60 - 11.63 range, which is quite wide. It is currently trading near the high of this range.

WULF has an average volume of 52312800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the yearly performance of all stocks, we notice that WULF is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

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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 offer a high quality setup 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

6.15

11.09

2 important support areas can be observed.

A support zone ranging from 10.84 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @6.21 from a trend line in the daily time frame.

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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	97.91	POSITIVE	WULF has a high relative strength, it outperformed 97.91% 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)	70.15	OVERBOUGHT	The high RSI value suggests WULF may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests WULF has a negative trend.
Stochastics (14,3)	85.74	OVERBOUGHT	The high Stochastics value suggests WULF may be overbought.
Average True Range in percent/ATR (20)	6.49	HIGH VOLATILITY	The high ATR as a percentage value for WULF suggests high volalility.
Average Directional Index/ADX (14)	51.97	POSITIVE	The high ADX value value for WULF suggests a strong trend.