WIDEPOINT CORP (WYY) Technical Analysis
NYSEARCA:WYY • US9675902095
Current stock price
WYY Technical Rating and Analysis
Taking everything into account, WYY scores 5 out of 10 in our technical rating. Although WYY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that WYY is one of the better performing stocks in the market, outperforming 88% of all stocks.
- WYY is part of the IT Services industry. There are 88 other stocks in this industry. WYY outperforms 88% of them.
- In the last month WYY has a been trading in the 3.96 - 5.76 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- WYY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WYY is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WYY Weekly and Daily overview Charts
WYY Setup Rating and Analysis
WYY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WYY Support and Resistance Analysis
4.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.67 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.11 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @7.34 from a horizontal line in the daily time frame.
WYY Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WYY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WYY is neutral. |
| ChartMill Relative Strength | 88.94 | POSITIVE | WYY has a high relative strength, it outperformed 88.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WYY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WYY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WYY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.48 | NEUTRAL | The RSI value for WYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WYY has a positive trend. |
| Stochastics (14,3) | 70.89 | NEUTRAL | The Stochastics value for WYY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for WYY suggests high volalility. |
| Average Directional Index/ADX (14) | 29.55 | POSITIVE | The high ADX value value for WYY suggests a strong trend. |
WYY Chart- and CandleStick Pattern Analysis
WYY Technicals: Chart, Performance Metrics, Trend & Indicators
5.65
+0.55 (+10.78%)
WIDEPOINT CORP / WYY TA FAQ
What is the ChartMill technical rating of WIDEPOINT CORP (WYY) stock?
ChartMill assigns a technical rating of 5 / 10 to WYY.
What is the current trend direction of WIDEPOINT CORP (WYY) stock?
The current trend direction for WIDEPOINT CORP (WYY) is Bearish.
What is the RSI signal for WIDEPOINT CORP (WYY) stock?
WIDEPOINT CORP (WYY) has an RSI value of 62.4797. This indicates that the stock is currently neutral.
What is the MACD signal for WIDEPOINT CORP (WYY) stock?
The MACD indicator for WIDEPOINT CORP (WYY) has a value of 0.153711, indicating a bearish trend.
Can you provide the support and resistance levels for WIDEPOINT CORP?
WIDEPOINT CORP (WYY) has a support level at 4.79 and a resistance level at 7.34. Check the full technical report for our detailed analysis of WYY support and resistance levels.