WRAP TECHNOLOGIES INC (WRAP)
US98212N1072 - Common Stock
Overall WRAP gets a technical rating of 1 out of 10. WRAP 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.
When comparing the yearly performance of all stocks, WRAP is a bad performer in the overall market: 90% of all stocks are doing better.
WRAP is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 77% of 124 stocks in the same industry do better.
WRAP 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 WRAP has a been trading in the 1.32 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
WRAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for WRAP 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.
More info and screens
1.30
1.98
We found 3 important support areas.
- Support @1.39 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.31 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.51 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.77 from a trend line in the weekly time frame.
- Resistance @1.85 from a trend line in the daily time frame.
- Resistance @1.96 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
CRS10.51
Mansfield-4.18
10 Day High1.68
10 Day Low1.32
20 Day High1.93
20 Day Low1.32
52 Week High7.01
52 Week Low1.21
Performance
1 Week5%
2 Weeks-3.29%
1 Month-19.67%
3 Month-7.55%
6 Month-6.37%
12 Month-46.55%
2 Year-28.64%
3 Year-67.33%
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)45.04
LBB1.35
UBB1.62
WRAP TECHNOLOGIES INC
NASDAQ:WRAP (11/22/2024, 8:13:38 PM)
After market: 1.47 0 (0%)1.47
-0.03 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2%
1 Week5%
2 Weeks-3.29%
1 Month-19.67%
3 Month-7.55%
6 Month-6.37%
12 Month-46.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%8.29%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.68
10 Day Low1.32
20 Day High1.93
20 Day Low1.32
52 Week High7.01
52 Week Low1.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume189.10K
Volume Incr1.17%
Vol(5)229.18K
Vol(50)183.28K