TERAWULF INC (WULF) Stock Technical Analysis
NASDAQ:WULF - Nasdaq - US88080T1043 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to WULF. WULF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
WULF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WULF is lagging the market.
In the last month WULF has a been trading in the 3.40 - 4.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WULF has an average volume of 39711400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WULF turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
WULF is an average performer in the Software industry, it outperforms 56% of 284 stocks in the same industry.
The technical rating of WULF is bad and it also does not present a 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.
More info and screens
2.43
4.50
We found 2 important support areas.
- Support @2.53 from a trend line in the weekly time frame.
- Support @2.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.96 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.25 from a trend line in the daily time frame.
- Resistance @4.46 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for WULF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WULF is down. |
| ChartMill Relative Strength | 59.31 | NEUTRAL | WULF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WULF is below a declining 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) | DOWN | NEGATIVE | The current price of WULF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.39 | NEUTRAL | The RSI value for WULF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests WULF has a negative trend. |
| Stochastics (14,3) | 22.89 | NEUTRAL | The Stochastics value for WULF is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for WULF suggests high volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for WULF suggests a weak or negative trend. |
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)
3.57
-0.17 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.55%
1 Week-11.19%
2 Weeks-17.93%
1 Month-12.71%
3 Month31.25%
6 Month-35.44%
12 Month-19.78%
2 Year104%
3 Year197.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%9.26%
ATR Inc-6.71%
Range Today0.27
ADR(20)0.31
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.31
Mansfield-2.76
10 Day High4.65
10 Day Low3.4
20 Day High4.65
20 Day Low3.4
52 Week High9.3
52 Week Low2.06
CS1 End2.53
CR1 Start3.96
Volume & EV
DER(3)4.18%
DER(5)4.51%
Volume41.50M
Volume Incr-11.2%
Vol(5)41.12M
Vol(50)39.71M