Overall WXM gets a technical rating of 1 out of 10. WXM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, WXM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.53, a Stop Loss order could be placed below this zone.
More info and screens
0.52
When analyzing the support we notice one important area.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.61 from a horizontal line in the weekly time frame.
- Resistance @0.62 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 | DOWN | NEGATIVE | The long term trend for WXM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WXM is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WXM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WXM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WXM is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 29.83 | OVERSOLD | The low RSI value suggests WXM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests WXM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.98 | NEUTRAL | The Stochastics value for WXM is a neutral value. |
| Average True Range in percent/ATR (20) | 12.48 | HIGH VOLATILITY | The high ATR as a percentage value for WXM suggests high volalility. |
| Average Directional Index/ADX (14) | 44.54 | POSITIVE | The high ADX value value for WXM suggests a strong trend. |
0.5379
-0.04 (-7.27%)
WF INTERNATIONAL LTD / WXM FAQ
Can you provide the ChartMill technical rating for WF INTERNATIONAL LTD?
ChartMill assigns a technical rating of 1 / 10 to WXM.
Can you provide the trend direction for WF INTERNATIONAL LTD?
The current trend direction for WF INTERNATIONAL LTD (WXM) is Bearish.
What is the RSI signal for WXM stock?
WF INTERNATIONAL LTD (WXM) has an RSI value of 29.8275. This indicates that the stock is currently oversold.
Can you provide the MACD signal for WF INTERNATIONAL LTD?
The MACD indicator for WF INTERNATIONAL LTD (WXM) has a value of 0.0855698, indicating a bearish trend.
What is the buy/sell signal for WF INTERNATIONAL LTD (WXM) stock?
The buy/sell signal for WF INTERNATIONAL LTD (WXM) is sell as both the short term and long term trends are negative.