We assign a technical rating of 0 out of 10 to WCT. WCT 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, WCT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for WCT 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
0.20
We found 1 important support area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 WCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCT is down. |
| ChartMill Relative Strength | 4.76 | NEGATIVE | WCT has a low relative strength, it was outperformed by 95.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.86 | NEUTRAL | The RSI value for WCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WCT has a positive trend. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests WCT may be oversold. |
| Average True Range in percent/ATR (20) | 8.34 | HIGH VOLATILITY | The high ATR as a percentage value for WCT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for WCT suggests a weak or negative trend. |
0.2137
+0 (+1.33%)
WELLCHANGE HOLDINGS CO LTD-A / WCT FAQ
Can you provide the ChartMill technical rating for WELLCHANGE HOLDINGS CO LTD-A?
ChartMill assigns a technical rating of 0 / 10 to WCT.
What is the trend direction for WCT stock?
The current trend direction for WELLCHANGE HOLDINGS CO LTD-A (WCT) is Bearish.
What is the RSI signal for WELLCHANGE HOLDINGS CO LTD-A (WCT) stock?
WELLCHANGE HOLDINGS CO LTD-A (WCT) has an RSI value of 37.8647. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WELLCHANGE HOLDINGS CO LTD-A?
The short term momentum for WELLCHANGE HOLDINGS CO LTD-A (WCT) is negative.
Can you provide the buy/sell signal for WELLCHANGE HOLDINGS CO LTD-A?
The buy/sell signal for WELLCHANGE HOLDINGS CO LTD-A (WCT) is sell as both the short term and long term trends are negative.