TERAWULF INC (WULF) Stock Technical Analysis
NASDAQ:WULF • US88080T1043
Taking everything into account, WULF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WULF 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 WULF is one of the better performing stocks in the market, outperforming 98% of all stocks.
- WULF is one of the better performing stocks in the Software industry, it outperforms 98% of 274 stocks in the same industry.
- A new 52 week high is currently being made by WULF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WULF has a been trading in the 11.73 - 18.03 range, which is quite wide. It is currently trading near the high of this range.
- WULF has an average volume of 30442300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, WULF also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 15.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WULF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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10.72
4 important support areas can be observed.
- A support zone ranging from 15.01 to 15.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.59 from a trend line in the daily time frame.
- Support @12.19 from a trend line in the daily time frame.
- Support @10.83 from a horizontal 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 | 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 | 98.47 | POSITIVE | WULF has a high relative strength, it outperformed 98.47% 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) | 63.12 | NEUTRAL | The RSI value for WULF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WULF has a positive trend. |
| Stochastics (14,3) | 71.22 | NEUTRAL | The Stochastics value for WULF is a neutral value. |
| Average True Range in percent/ATR (20) | 9.99 | HIGH VOLATILITY | The high ATR as a percentage value for WULF suggests high volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for WULF suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 18.04 | 15.00 | 3.04 (16.85%) | 5.93% |
| An entry @18.04. This is a Buy Stop order right above the 10 day high. | An exit @15.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.04 points, which is 16.85%. | For a 1.00% total portfolio risk, you can invest 5.93% 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.
17.56
+1.88 (+11.99%)
TERAWULF INC / WULF FAQ
What is the ChartMill technical rating of TERAWULF INC (WULF) stock?
ChartMill assigns a technical rating of 10 / 10 to WULF.
What is the trend direction for WULF stock?
The current trend direction for TERAWULF INC (WULF) is Bullish.
Can you provide the RSI signal for TERAWULF INC?
TERAWULF INC (WULF) has an RSI value of 63.1241. This indicates that the stock is currently neutral.
What is the buy/sell signal for TERAWULF INC (WULF) stock?
The buy/sell signal for TERAWULF INC (WULF) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WULF stock?
TERAWULF INC (WULF) has a support level at 15.17. Check the full technical report for our detailed analysis of WULF support and resistance levels.