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WEIDAI LTD-ADR (WEI) Stock Technical Analysis

NYSE:WEI - New York Stock Exchange, Inc. - US94861A2078 - ADR

0.96  +0.03 (+3.23%)

Technical Rating and Analysis

0

Overall WEI gets a technical rating of 0 out of 10. WEI 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.
95% of all other stocks performed better in the past year than WEI.
WEI is one of the lesser performing stocks in the Consumer Finance industry. 100% of 53 stocks in the same industry do better.
WEI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WEI has a been trading in the 0.71 - 1.13 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.
Weekly and Daily overview Charts
WEIDAI LTD-ADR / WEI Weekly stock chart
WEIDAI LTD-ADR / WEI Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, WEI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for WEI 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.
Support and Resistance Analysis

0.95

1.10

3 important resistance areas can be observed.

  • Resistance @0.98 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS5.07
Mansfield-6.98
10 Day High1.13
10 Day Low0.71
20 Day High1.13
20 Day Low0.71
52 Week High13.75
52 Week Low0.71
Performance
1 Week-5.88%
2 Weeks-8.48%
1 Month-12.73%
3 Month-47.54%
6 Month-77.13%
12 Month-80.51%
2 YearN/A
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
RSI(14)42.69
LBB0.88
UBB1.17
WEIDAI LTD-ADR / WEI Daily stock chart

WEIDAI LTD-ADR

NYSE:WEI (5/16/2022, 8:04:00 PM)

0.96

+0.03 (+3.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg3.23%
1 Week-5.88%
2 Weeks-8.48%
1 Month-12.73%
3 Month-47.54%
6 Month-77.13%
12 Month-80.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%11.15%
ATR Inc129.39%
Range Today0.12
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
CRS5.07
Mansfield-6.98
10 Day High1.13
10 Day Low0.71
20 Day High1.13
20 Day Low0.71
52 Week High13.75
52 Week Low0.71
CS1 EndN/A
CR1 Start0.98
Volume & EV
DER(3)25.01%
DER(5)21.88%
Volume26.50K
Volume Incr4.9%
Vol(5)95.18K
Vol(50)543.21K