WIT Technical Signal Analysis
WIT have 0 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-04-02. The total price change during this trend is -8.74%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of WIT over last 5 trading day is $27,091,596.61
0 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.24
Momentum (10 days)
MOM_10 < 0
-0.24
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.12
Moving Average
Price crosses below 5-day SMA
--
0 Bullish Signal
Name
Signal
Value
Meaning
WIT Support and Resistance Level
The support levels for WIT are at 2.69, 2.57, and 2.38, while the resistance levels are at 3.06, 3.18, and 3.36. With the current stock price at 2.82, it is leaning more toward the support levels.
WIT Technical Analysis
Technical Analysis of WIT Stock
Price Overview:
- Current Price: $3.05
- Close Price: $3.03
- High: $3.06
- Low: $2.99
Volume and Market State:
- Volume: 7,632,507
- Market State: Closed
Technical Indicators:
- The stock shows a slight upward movement with a pre-market increase of +0.33% and a regular market gain of +1.00%.
- The price is currently testing resistance at $3.06. If it breaks above this level, it could signal further upward momentum.
Support and Resistance:
- Support Level: $3.00
- Resistance Level: $3.06
Recommendation:
Based on the current price action and technical indicators, sell at $3.06 if testing resistance. If the price breaks above $3.06, consider buying as it may indicate continued upward movement.
WIT FAQs
Which bearish technical signals does WIT have?
Bearish technical signals of WIT include: AO_5_34 < 0, MOM_10 < 0, MACD_12_26_9 < 0, Price crosses below 5-day SMA.
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for WIT stock?
Is WIT a buy based on overall technical signals summary?
WIT Buy or Sell
WIT has 0 buy signals and 4 sell signals now. Overall the technical rating for WIT is Strong sell.
WIT Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 2.82 below the SMA_5. In the short term, the stock shows a negative trend with the 2.85 below the SMA_20. In the mid term, the stock shows a negative trend with the 2.97 below the SMA_60. In the long term, the stock shows a negative trend with the 3.31 below the SMA_200.
Swing
Stock Price Below SMA_5
Short Term
SMA_5 Below SMA_20
Mid Term
SMA_20 Below SMA_60
Long Term
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about WIT's current trend?What are WIT's key support and resistance levels?