WAVE LIFE SCIENCES LTD (WVE) Stock Technical Analysis
NASDAQ:WVE - Nasdaq - SG9999014716 - Common Stock - Currency: USD
Taking everything into account, WVE scores 1 out of 10 in our technical rating. WVE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WVE is a bad performer in the overall market: 72% of all stocks are doing better.
WVE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
WVE has an average volume of 1619400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WVE is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, WVE did better than 67% of them.
In the last month WVE has a been trading in the 5.42 - 8.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WVE 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
5.29
8.39
We found 6 important support areas.
- Support @6.57 from a trend line in the daily time frame.
- Support @6.41 from a horizontal line in the daily time frame.
- Support @5.77 from a trend line in the weekly time frame.
- Support @5.64 from a horizontal line in the weekly time frame.
- Support @5.53 from a trend line in the daily time frame.
- Support @5.34 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @7.67 from a trend line in the daily time frame.
- A resistance zone ranging from 8.21 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.39
Mansfield-2.63
10 Day High8.39
10 Day Low5.62
20 Day High8.39
20 Day Low5.42
52 Week High16.74
52 Week Low4.25
Performance
1 Week-18.7%
2 Weeks-2.15%
1 Month20.16%
3 Month-41.05%
6 Month-59.95%
12 Month17.17%
2 Year66.29%
3 Year370.36%
5 Year-35.31%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)42.82
LBB5.89
UBB8.19
6.585
+0.04 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.69%
1 Week-18.7%
2 Weeks-2.15%
1 Month20.16%
3 Month-41.05%
6 Month-59.95%
12 Month17.17%
2 Year66.29%
3 Year370.36%
5 Year-35.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%9.08%
ATR Inc11.98%
Range Today0.3
ADR(20)0.57
ADR(20)%8.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.39
Mansfield-2.63
10 Day High8.39
10 Day Low5.62
20 Day High8.39
20 Day Low5.42
52 Week High16.74
52 Week Low4.25
CS1 End6.57
CR1 Start7.67
Volume & EV
DER(3)2.15%
DER(5)0.66%
Volume1.55M
Volume Incr35.3%
Vol(5)2.25M
Vol(50)1.62M