WHITEFIBER INC (WYFI) Stock Technical Analysis
NASDAQ:WYFI • KYG961151035
Overall WYFI gets a technical rating of 4 out of 10. In the last year, WYFI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, WYFI is a bad performer in the overall market: 100% of all stocks are doing better.
- WYFI is one of the lesser performing stocks in the IT Services industry. 90% of 87 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- WYFI has an average volume of 1148160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WYFI has a been trading in the 14.33 - 23.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, WYFI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.37, a Stop Loss order could be placed below this zone.
More info and screens
14.03
4 important support areas can be observed.
- A support zone ranging from 19.36 to 19.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.19 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.57 from a horizontal line in the weekly time frame.
- Support @14.17 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @20.11 from a horizontal line in the weekly time frame.
- Resistance @22.16 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 WYFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WYFI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | WYFI 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 WYFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WYFI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for WYFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WYFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.66 | NEUTRAL | The Stochastics value for WYFI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.93 | HIGH VOLATILITY | The high ATR as a percentage value for WYFI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for WYFI suggests a weak or negative trend. |
19.42
+1.23 (+6.76%)
WHITEFIBER INC / WYFI FAQ
What is the technical rating for WYFI stock?
ChartMill assigns a technical rating of 4 / 10 to WYFI.
What is the current trend direction of WHITEFIBER INC (WYFI) stock?
The current trend direction for WHITEFIBER INC (WYFI) is Bullish.
Can you provide the RSI signal for WHITEFIBER INC?
WHITEFIBER INC (WYFI) has an RSI value of 51.7734. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WHITEFIBER INC?
The MACD indicator for WHITEFIBER INC (WYFI) has a value of -0.0503273, indicating a bearish trend.