Technical Analysis for WBT - Weebit Nano Ltd  

Grade Last Price % Change Price Change
F 2.900 -4.61% -0.140
WBT closed down 4.61 percent on Friday, April 19, 2024, on 2.42 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction -4.61%
Narrow Range Bar Range Contraction -4.61%
Inside Day Range Contraction -4.61%
Oversold Stochastic Weakness -4.61%

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Profile

Weebit Nano Limited, formerly Radar Iron Limited, is an Australia-based company engaged in technology development. The Company is involved in developing silicon oxide (SiOx) resistive random access memory (ReRAM) technology. The focus of ReRAM technology is to replace flash memory and is viewed as the flash replacement. The Company's products are used in various applications, such as in computers, consumer electronics, smartphones, tablets, enterprise storage, automotive infotainment and navigation systems, healthcare, wearables and Internet of Things (IoT). The Company's ReRAM technology is also used in data centers, banking and stock exchange transactions, as well as cloud computing. The Company's subsidiaries include Radar Resources Pty Ltd and Radar Uruara Pty Ltd.
Classification

Sector: Technology
Industry: Semiconductor Memory
Keywords: Health Iron Healthcare Bank Computing Cement Internet Banking Storage Emerging Technologies Cloud Computing Electronics Internet Of Things Smartphone Computers Smartphones Consumer Electronics Mobile Computers Ambient Intelligence Data Centers Technology Development Computer Data Storage Computer Memory Flash Navigation Non Volatile Random Access Memory Random Access Memory Resistive Random Access Memory

Is WBT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.89
52 Week Low 2.75
Average Volume 919,334
200-Day Moving Average 4.054
50-Day Moving Average 3.721
20-Day Moving Average 3.250
10-Day Moving Average 3.122
Average True Range 0.162
RSI (14) 30.56
ADX 31.18
+DI 12.858
-DI 36.613
Chandelier Exit (Long, 3 ATRs) 3.314
Chandelier Exit (Short, 3 ATRs) 3.236
Upper Bollinger Bands 3.675
Lower Bollinger Band 2.825
Percent B (%b) 0.09
BandWidth 26.160
MACD Line -0.210
MACD Signal Line -0.203
MACD Histogram -0.0068
Fundamentals Value
Market Cap 328.89 Million
Num Shares 113 Million
EPS -0.11
Price-to-Earnings (P/E) Ratio -26.85
Price-to-Sales 0.00
Price-to-Book 63.45
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.365
Resistance 3 (R3) 3.367 3.213 3.288
Resistance 2 (R2) 3.213 3.095 3.213 3.262
Resistance 1 (R1) 3.057 3.022 2.980 3.055 3.236
Pivot Point 2.903 2.903 2.865 2.903 2.903
Support 1 (S1) 2.747 2.785 2.670 2.745 2.564
Support 2 (S2) 2.593 2.712 2.593 2.538
Support 3 (S3) 2.437 2.593 2.513
Support 4 (S4) 2.435