WRAP TECHNOLOGIES INC (WRAP)
US98212N1072 - Common Stock
Overall WRAP gets a technical rating of 7 out of 10. Although WRAP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, WRAP is a bad performer in the overall market: 80% of all stocks are doing better.
WRAP is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry, of which 66% are performing better than WRAP.
WRAP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WRAP is lagging the market.
The long and short term trends are both positive. This is looking good!
In the last month WRAP has a been trading in the 1.53 - 2.25 range, which is quite wide. It is currently trading near the high of this range.
Although WRAP has an excellent technical rating, it does not offer a high quality setup 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
1.33
2.14
When analyzing the support we can see 7 important areas.
- A support zone ranging from 2.05 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.93 from a horizontal line in the daily time frame.
- Support @1.65 from a trend line in the daily time frame.
- Support @1.47 from a trend line in the weekly time frame.
- Support @1.41 from a horizontal line in the weekly time frame.
- Support @1.38 from a trend line in the daily time frame.
- Support @1.34 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2.12 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.01
Mansfield-0.85
10 Day High2.25
10 Day Low1.67
20 Day High2.25
20 Day Low1.53
52 Week High7.01
52 Week Low1.21
Performance
1 Week-4.5%
2 Weeks11.33%
1 Month13.2%
3 Month11.94%
6 Month13.2%
12 Month-37.62%
2 Year-21.9%
3 Year-24.81%
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)0.01
RSI(14)57.55
LBB1.55
UBB2.33
WRAP TECHNOLOGIES INC
NASDAQ:WRAP (1/15/2025, 9:37:34 AM)
2.08
+0.07 (+3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.48%
1 Week-4.5%
2 Weeks11.33%
1 Month13.2%
3 Month11.94%
6 Month13.2%
12 Month-37.62%
2 Year-21.9%
3 Year-24.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%8.11%
ATR Inc-18.12%
Range Today0.09
ADR(20)0.16
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.01
Mansfield-0.85
10 Day High2.25
10 Day Low1.67
20 Day High2.25
20 Day Low1.53
52 Week High7.01
52 Week Low1.21
CS1 End1.93
CR1 Start2.05
Volume & EV
DER(3)-8.97%
DER(5)-3.72%
Volume69.04K
Volume Incr-25.19%
Vol(5)234.48K
Vol(50)281.62K