WAVE LIFE SCIENCES LTD (WVE) Stock Technical Analysis
NASDAQ:WVE - Nasdaq - SG9999014716 - Common Stock - Currency: USD
Taking everything into account, WVE scores 3 out of 10 in our technical rating. In the past year, WVE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
WVE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WVE has an average volume of 1317800 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, WVE turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
WVE is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, WVE did better than 67% of them.
In the last month WVE has a been trading in the 5.92 - 7.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WVE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
5.29
7.31
When analyzing the support we can see 3 important areas.
- Support @6.22 from a trend line in the daily time frame.
- A support zone ranging from 5.93 to 5.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.34 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.93 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.17 to 7.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for WVE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WVE is neutral. |
| ChartMill Relative Strength | 63.47 | NEUTRAL | WVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WVE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.12 | NEUTRAL | The RSI value for WVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.12 | NEUTRAL | The Stochastics value for WVE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for WVE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for WVE 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)
NASDAQ:WVE (6/25/2025, 1:41:38 PM)
6.76
-0.07 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.02%
1 Week-0.29%
2 Weeks-3.12%
1 Month14.79%
3 Month-20.77%
6 Month-47.05%
12 Month36.87%
2 Year87.64%
3 Year110.15%
5 Year-34.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.51%
ATR Inc21.94%
Range Today0.31
ADR(20)0.37
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.47
Mansfield-2.9
10 Day High7.45
10 Day Low6.42
20 Day High7.45
20 Day Low5.92
52 Week High16.74
52 Week Low4.87
CS1 End6.22
CR1 Start6.93
Volume & EV
DER(3)0.41%
DER(5)1.06%
Volume400.35K
Volume Incr3.9%
Vol(5)1.03M
Vol(50)1.32M