WAH FU EDUCATION GROUP LTD (WAFU) Stock Technical Analysis
NASDAQ:WAFU - Nasdaq - VGG941841014 - Common Stock - Currency: USD
Overall WAFU gets a technical rating of 6 out of 10. WAFU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, WAFU outperforms 60% of them, which is more or less in line with the market.
WAFU is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, WAFU did better than 64% of them.
WAFU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAFU is lagging the market.
In the last month WAFU has a been trading in the 1.63 - 2.05 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.
WAFU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for WAFU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.68
2.02
3 important support areas can be observed.
- Support @1.82 from a trend line in the weekly time frame.
- A support zone ranging from 1.79 to 1.79. 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 1.70 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.14
Mansfield-0.8
10 Day High1.99
10 Day Low1.63
20 Day High2.05
20 Day Low1.63
52 Week High2.63
52 Week Low1.46
Performance
1 Week1.71%
2 Weeks2.24%
1 Month3.4%
3 Month14.38%
6 Month0.6%
12 Month-6.15%
2 Year-19.42%
3 Year-44.41%
5 Year-23.75%
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
RSI(14)56.24
LBB1.72
UBB1.85
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.89 | 1.81 | 0.08 (4.23%) | 23.63% |
| An entry @1.89. This is a Buy Stop order right above the resistance zone. | An exit @1.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.63% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WAFU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.8301
-0.01 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.54%
1 Week1.71%
2 Weeks2.24%
1 Month3.4%
3 Month14.38%
6 Month0.6%
12 Month-6.15%
2 Year-19.42%
3 Year-44.41%
5 Year-23.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.63%
ATR Inc37.72%
Range Today0.19
ADR(20)0.14
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.14
Mansfield-0.8
10 Day High1.99
10 Day Low1.63
20 Day High2.05
20 Day Low1.63
52 Week High2.63
52 Week Low1.46
CS1 End1.82
CR1 Start1.86
Volume & EV
DER(3)18.97%
DER(5)12.44%
Volume175.80K
Volume Incr5.93%
Vol(5)46.00K
Vol(50)178.87K