CONTEXTLOGIC INC - A (WISH) Stock Technical Analysis
NASDAQ:WISH - Nasdaq - US21077C3051 - Common Stock - Currency: USD
Overall WISH gets a technical rating of 1 out of 10. WISH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, WISH is a bad performer in the overall market: 79% of all stocks are doing better.
WISH is part of the Broadline Retail industry. There are 32 other stocks in this industry, of which 64% are performing better than WISH.
WISH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WISH has a been trading in the 4.68 - 6.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WISH has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.76
6.03
We found 3 important support areas.
- A support zone ranging from 5.10 to 5.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.81 to 4.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.39 to 5.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.71 to 5.72. 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 5.85 to 5.97. 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
CRS21.59
Mansfield-2.04
10 Day High5.87
10 Day Low5.01
20 Day High6.12
20 Day Low4.68
52 Week High9.9
52 Week Low3.55
Performance
1 Week-4.65%
2 Weeks-11.25%
1 Month2.6%
3 Month14%
6 Month2.19%
12 Month-31.14%
2 Year-90.28%
3 Year-97.85%
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)-0.04
RSI(14)39.28
LBB5.02
UBB6.02
5.13
-0.05 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.97%
1 Week-4.65%
2 Weeks-11.25%
1 Month2.6%
3 Month14%
6 Month2.19%
12 Month-31.14%
2 Year-90.28%
3 Year-97.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%5.97%
ATR Inc-7.26%
Range Today0.24
ADR(20)0.3
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.59
Mansfield-2.04
10 Day High5.87
10 Day Low5.01
20 Day High6.12
20 Day Low4.68
52 Week High9.9
52 Week Low3.55
CS1 End5.11
CR1 Start5.39
Volume & EV
DER(3)7.63%
DER(5)6.67%
Volume698.10K
Volume Incr-34.68%
Vol(5)685.76K
Vol(50)862.11K