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Wanda Sports Group Company Ltd ADR (WSG) Stock Technical Analysis

NASDAQ:WSG - Nasdaq -

2.495  +0.02 (+0.6%)

Technical Rating and Analysis

7

Overall WSG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WSG is a bad performer.

When comparing the yearly performance of all stocks, WSG is a bad performer in the overall market: 70% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
WSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSG is lagging the market.
In the last month WSG has a been trading in a tight range between 2.47 and 2.51.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Wanda Sports Group Company Ltd ADR / WSG Weekly stock chart
Wanda Sports Group Company Ltd ADR / WSG Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, WSG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.96

2.53

3 important support areas can be observed.

  • A support zone ranging from 2.46 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.24 from a horizontal line in the daily time frame.
  • Support @1.98 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.50 to 2.50. 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
CRS30.02
Mansfield-0.86
10 Day High2.51
10 Day Low2.48
20 Day High2.51
20 Day Low2.47
52 Week High4.85
52 Week Low1.36
Performance
1 Week-0.2%
2 Weeks-0.2%
1 Month0.2%
3 Month13.93%
6 Month27.3%
12 Month-6.9%
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)-0.01
RSI(14)61.91
LBB2.47
UBB2.51
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.512.470.04 (1.59%)25.00%
An entry @2.51. This is a Buy Stop order right above the resistance zone.An exit @2.47. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.04 points, which is 1.59%.For a 0.40% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Wanda Sports Group Company Ltd ADR / WSG Daily stock chart

Wanda Sports Group Company Ltd ADR

NASDAQ:WSG (1/29/2021, 8:22:48 PM)

2.495

+0.02 (+0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.6%
1 Week-0.2%
2 Weeks-0.2%
1 Month0.2%
3 Month13.93%
6 Month27.3%
12 Month-6.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.66%
ATR Inc34.04%
Range Today0.03
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
CRS30.02
Mansfield-0.86
10 Day High2.51
10 Day Low2.48
20 Day High2.51
20 Day Low2.47
52 Week High4.85
52 Week Low1.36
CS1 End2.49
CR1 Start2.5
Volume & EV
DER(3)-1.93%
DER(5)-0.8%
Volume166.60K
Volume Incr-70%
Vol(5)89.46K
Vol(50)180.34K