


Technical Sentiment Analysis for Wetouch Technology Inc (WETH) As of 2026-06-09, Wetouch Technology Inc (WETH) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WETH stands at 46.085, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0664, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 30.894 and the Commodity Channel Index (CCI) at -10.297 further confirm a -0.09 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WETH is trading below its 60-day moving average of $1.551 and below its 200-day long-term moving average of $1.652. Key price levels to watch include the immediate resistance at $1.603 and strong support at $1.263. A break above $1.603 could signal a bull continuation, while falling below $1.263 may test the next Fibonacci floor at $1.116.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.923 | 1.116 | 1.263 | 1.456 | 1.603 | 1.796 | 1.943 |
| Fibonacci | 1.116 | 1.246 | 1.326 | 1.456 | 1.586 | 1.666 | 1.796 |
2026-06-09
| Name | Value |
|---|---|
| RSI_14 | 46.085 |
| STOCHk_14_3_3 | 30.894 |
| STOCHd_14_3_3 | 22.636 |
| CCI_20 | -10.297 |
| AO_5_34 | -0.228 |
| MOM_10 | -0.09 |
| MACD_12_26_9 | -0.0664 |
2026-06-09
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 1.422 | Buy |
| MA_10 | 1.409 | Buy |
| MA_20 | 1.497 | Sell |
| MA_60 | 1.551 | Sell |
| MA_200 | 1.652 | Sell |
| MA_250 | 1.503 | Sell |