WEAVE COMMUNICATIONS INC (WEAV) Stock Technical Analysis
NYSE:WEAV - New York Stock Exchange, Inc. - US94724R1086 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to WEAV. Although WEAV 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.
In the last month WEAV has a been trading in the 13.71 - 17.63 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, WEAV did better than 84% of all other stocks.
WEAV has an average volume of 1001600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WEAV is part of the Software industry. There are 284 other stocks in this industry, WEAV did better than 65% of them.
WEAV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEAV is lagging the market.
WEAV has an average technical rating and it also does not offer a high 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.
More info and screens
10.75
14.40
2 important support areas can be observed.
- Support @11.40 from a trend line in the weekly time frame.
- Support @10.86 from a trend line 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
CRS84.81
Mansfield0.94
10 Day High17.63
10 Day Low13.71
20 Day High17.63
20 Day Low13.71
52 Week High17.63
52 Week Low8.1
Performance
1 Week-17.71%
2 Weeks-17%
1 Month-10.82%
3 Month2.52%
6 Month30.71%
12 Month34.02%
2 Year175.82%
3 Year41.89%
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)-0.23
RSI(14)25.46
LBB15.35
UBB18.48
14.26
-2.63 (-15.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-15.57%
1 Week-17.71%
2 Weeks-17%
1 Month-10.82%
3 Month2.52%
6 Month30.71%
12 Month34.02%
2 Year175.82%
3 Year41.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%4.68%
ATR Inc263.44%
Range Today2
ADR(20)0.6
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.81
Mansfield0.94
10 Day High17.63
10 Day Low13.71
20 Day High17.63
20 Day Low13.71
52 Week High17.63
52 Week Low8.1
CS1 End11.4
CR1 StartN/A
Volume & EV
DER(3)-5.58%
DER(5)-3.52%
Volume7.75M
Volume Incr194.93%
Vol(5)2.30M
Vol(50)1.00M