WIDEPOINT CORP (WYY) Stock Technical Analysis
NYSEARCA:WYY - NYSE Arca - US9675902095 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to WYY. Although WYY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
WYY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: WYY has an average volume of 29116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
WYY is one of the better performing stocks in the IT Services industry, it outperforms 86% of 81 stocks in the same industry.
In the last month WYY has a been trading in the 2.19 - 3.52 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that WYY is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WYY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.55. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WYY 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
3.32
3.76
We can see 2 important resistance areas.
- Resistance @3.55 from a horizontal line in the daily time frame.
- Resistance @3.72 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
CRS93.3
Mansfield-0.68
10 Day High3.4
10 Day Low2.4
20 Day High3.52
20 Day Low2.19
52 Week High6.25
52 Week Low1.83
Performance
1 Week16.72%
2 Weeks21.38%
1 Month-5.1%
3 Month-13.21%
6 Month-5.63%
12 Month66.67%
2 Year78.19%
3 Year1.21%
5 Year-23.78%
10 Year-76.07%
15 Year-70.61%
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)0.08
RSI(14)57.2
LBB2.51
UBB3.31
NYSEARCA:WYY (4/25/2025, 8:04:00 PM)
3.35
+0.1 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.08%
1 Week16.72%
2 Weeks21.38%
1 Month-5.1%
3 Month-13.21%
6 Month-5.63%
12 Month66.67%
2 Year78.19%
3 Year1.21%
5 Year-23.78%
10 Year-76.07%
15 Year-70.61%
Volatility
ATR(14)0.5
ATR(20)%12.44%
ATR Inc-24.25%
Range Today0.39
ADR(20)0.41
ADR(20)%12.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.3
Mansfield-0.68
10 Day High3.4
10 Day Low2.4
20 Day High3.52
20 Day Low2.19
52 Week High6.25
52 Week Low1.83
CS1 EndN/A
CR1 Start3.55
Volume & EV
DER(3)9.6%
DER(5)1.3%
Volume18.60K
Volume Incr-16.91%
Vol(5)28.14K
Vol(50)29.12K