WRAP TECHNOLOGIES INC (WRAP) Stock Technical Analysis
NASDAQ:WRAP - Nasdaq - US98212N1072 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to WRAP. In the last year, WRAP was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
63% of all other stocks performed better in the past year than WRAP.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
WRAP is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 46% of 124 stocks in the same industry.
WRAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRAP is lagging the market.
In the last month WRAP has a been trading in the 1.92 - 2.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WRAP 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
1.35
2.24
We found 6 important support areas.
- Support @2.02 from a trend line in the daily time frame.
- A support zone ranging from 1.92 to 1.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.51 from a trend line in the weekly time frame.
- Support @1.41 from a horizontal line in the weekly time frame.
- Support @1.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.22 from a horizontal 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
CRS37.63
Mansfield0.57
10 Day High2.58
10 Day Low1.92
20 Day High2.58
20 Day Low1.92
52 Week High3.99
52 Week Low1.21
Performance
1 Week-0.94%
2 Weeks4.2%
1 Month-7.46%
3 Month43.54%
6 Month32.7%
12 Month-45.76%
2 Year-8.26%
3 Year-2.76%
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)0.02
RSI(14)51.05
LBB1.75
UBB2.44
2.11
-0.21 (-9.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-9.05%
1 Week-0.94%
2 Weeks4.2%
1 Month-7.46%
3 Month43.54%
6 Month32.7%
12 Month-45.76%
2 Year-8.26%
3 Year-2.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.15%
ATR Inc95.22%
Range Today0.32
ADR(20)0.15
ADR(20)%7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.63
Mansfield0.57
10 Day High2.58
10 Day Low1.92
20 Day High2.58
20 Day Low1.92
52 Week High3.99
52 Week Low1.21
CS1 End2.02
CR1 Start2.22
Volume & EV
DER(3)-8.21%
DER(5)-4.39%
Volume250.80K
Volume Incr100.13%
Vol(5)296.20K
Vol(50)237.98K