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WEWORK INC-CL A (WE) Stock Technical Analysis

NYSE:WE - New York Stock Exchange, Inc. - US96209A4013 - Common Stock - Currency: USD

0.8355  -0.27 (-24.73%)

Premarket: 1.13 +0.29 (+35.25%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to WE. WE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WE is a bad performer in the overall market: 100% of all stocks are doing better.
WE is one of the lesser performing stocks in the Real Estate Management & Development industry. 90% of 64 stocks in the same industry do better.
WE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month WE has a been trading in the 0.82 - 2.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WE has an average volume of 8324410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WEWORK INC-CL A / WE Weekly stock chart
WEWORK INC-CL A / WE Daily stock chart
Setup Rating and Analysis

2

The technical rating of WE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.83

1.56

We can see 2 important resistance areas.

  • Resistance @1.48 from a trend line in the daily time frame.
  • Resistance @1.54 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.14
Mansfield-9.76
10 Day High2.83
10 Day Low0.82
20 Day High2.83
20 Day Low0.82
52 Week High130.8
52 Week Low0.82
Performance
1 Week-65.76%
2 Weeks-59.24%
1 Month-62.19%
3 Month-90.68%
6 Month-95.29%
12 Month-99.2%
2 Year-99.76%
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)-0.05
RSI(14)26.15
LBB0.95
UBB2.99
WEWORK INC-CL A / WE Daily stock chart

WEWORK INC-CL A

NYSE:WE (11/3/2023, 8:04:00 PM)

Premarket: 1.13 +0.29 (+35.25%)

0.8355

-0.27 (-24.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-24.73%
1 Week-65.76%
2 Weeks-59.24%
1 Month-62.19%
3 Month-90.68%
6 Month-95.29%
12 Month-99.2%
2 Year-99.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%43.02%
ATR Inc-22.19%
Range Today0.38
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.14
Mansfield-9.76
10 Day High2.83
10 Day Low0.82
20 Day High2.83
20 Day Low0.82
52 Week High130.8
52 Week Low0.82
CS1 EndN/A
CR1 Start1.48
Volume & EV
DER(3)-1.35%
DER(5)-1.13%
Volume15.36M
Volume Incr273.39%
Vol(5)6.73M
Vol(50)8.32M