TERAWULF INC (WULF) Stock Technical Analysis
NASDAQ:WULF - Nasdaq - US88080T1043 - Common Stock - Currency: USD
Overall WULF gets a technical rating of 9 out of 10. 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!
WULF is part of the Software industry. There are 282 other stocks in this industry. WULF outperforms 82% of them.
In the last month WULF has a been trading in the 3.40 - 5.47 range, which is quite wide. It is currently trading near the high of this range.
WULF has an average volume of 47626400 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 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
WULF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WULF is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WULF has an excellent technical rating, but the quality of the setup is only medium 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
2.56
5.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.88 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.00 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.88 from a trend line in the daily time frame.
- Support @3.53 from a horizontal line in the daily time frame.
- Support @2.59 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.13 to 5.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 5.27 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.58 | POSITIVE | WULF has a high relative strength, it outperformed 92.58% 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) | 61.7 | NEUTRAL | The RSI value for WULF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WULF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.7 | NEUTRAL | The Stochastics value for WULF is a neutral value. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for WULF suggests high volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for WULF suggests a strong 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)
5.11
+0.22 (+4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.5%
1 Week6.46%
2 Weeks21.09%
1 Month19.95%
3 Month117.45%
6 Month-20.16%
12 Month-8.59%
2 Year75%
3 Year254.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%8.12%
ATR Inc-0.99%
Range Today0.33
ADR(20)0.38
ADR(20)%7.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.58
Mansfield0.06
10 Day High5.47
10 Day Low4.23
20 Day High5.47
20 Day Low3.4
52 Week High9.3
52 Week Low2.06
CS1 End4.88
CR1 Start5.13
Volume & EV
DER(3)0.47%
DER(5)0.82%
Volume88.41M
Volume Incr15.77%
Vol(5)59.28M
Vol(50)47.63M