WAVEDANCER INC (WAVD) Stock Technical Analysis
NASDAQ:WAVD - Nasdaq - US4566962027 - Common Stock - Currency: USD
Taking everything into account, WAVD scores 3 out of 10 in our technical rating. In the past year, WAVD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WAVD is a bad performer in the overall market: 81% of all stocks are doing better.
WAVD is one of the lesser performing stocks in the IT Services industry. 64% of 82 stocks in the same industry do better.
Warning: WAVD has an average volume of 21944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month WAVD has a been trading in the 1.06 - 3.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WAVD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAVD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of WAVD is bad and it also does not present a 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
1.74
3.54
4 important support areas can be observed.
- A support zone ranging from 2.14 to 2.17. 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 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.83 from a trend line in the daily time frame.
- Support @1.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.47 to 3.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.88
Mansfield2.21
10 Day High3.29
10 Day Low1.06
20 Day High3.29
20 Day Low1.06
52 Week High5.3
52 Week Low1.06
Performance
1 Week61.73%
2 Weeks47.1%
1 Month71.35%
3 Month13.21%
6 Month22.39%
12 Month-36.6%
2 Year-71.18%
3 YearN/A
5 YearN/A
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)0.08
RSI(14)73.18
LBB1.56
UBB2.75
3.17
+0.99 (+45.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg45.41%
1 Week61.73%
2 Weeks47.1%
1 Month71.35%
3 Month13.21%
6 Month22.39%
12 Month-36.6%
2 Year-71.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%10.21%
ATR Inc617.8%
Range Today1.26
ADR(20)0.31
ADR(20)%9.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.88
Mansfield2.21
10 Day High3.29
10 Day Low1.06
20 Day High3.29
20 Day Low1.06
52 Week High5.3
52 Week Low1.06
CS1 End2.17
CR1 Start3.47
Volume & EV
DER(3)-4.31%
DER(5)3.87%
Volume324.90K
Volume Incr732.87%
Vol(5)125.68K
Vol(50)21.94K