Technical Analysis for WB - Weibo Corporation

Grade Last Price % Change Price Change
grade F 34.4 2.56% 0.86
WB closed up 2.56 percent on Friday, June 5, 2020, on 85 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up
Historical WB trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.56%
Crossed Above 20 DMA Bullish 2.56%
MACD Bullish Signal Line Cross Bullish 2.56%
Up 3 Days in a Row Strength 2.56%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 4.31%

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Profile

Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-based content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services, and Other Services. The company offers self-expression products that enable users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products, which allows users to discover content on its platform; notifications that enables users to be notified of Weibo account activities through SMS or push notification on their device; third-party online games, including role playing games, card games, strategy games, and real life simulation games; and additional functions through VIP memberships. It also develops mobile apps, such as Weibo Headlines, which aggregates news and information, and delivers them in an information feed format; Weibo Weather, a weather app; and WeiDisk, a cloud-based app for mobile devices and personal computers that allows users to store and share documents, photos, and other files. In addition, the company provides advertising and marketing solutions, including social display ads and promoted marketing products, which enable large companies, small-and-medium enterprises, and individuals to promote their brands and conduct marketing activities. Further, it offers products that allow platform partners to link their Websites and mobile apps to its platform, enabling their users to share content to Weibo; app, page app, and enterprise application programming interfaces, which allows third-party developers to build apps to serve individual and organization users; and Weibo Credit that allows its users to purchase in-game virtual items and other types of fee-based services on Weibo, and platform partners to receive payment. Weibo Corporation was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of SINA Corporation.
Mobile Devices World Wide Web Simulation Digital Media Social Media SMS Online Games Social Networking Services Science And Technology In The People's Republic Of China Internet In China Blog Hosting Services Microblogging Sina Corp Sina Weibo Social Products

Is WB 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 55.52
52 Week Low 28.93
Average Volume 1,658,802
200-Day Moving Average 42.43
50-Day Moving Average 34.48
20-Day Moving Average 33.40
10-Day Moving Average 31.46
Average True Range 1.71
ADX 21.64
+DI 26.12
-DI 25.13
Chandelier Exit (Long, 3 ATRs ) 32.31
Chandelier Exit (Short, 3 ATRs ) 34.05
Upper Bollinger Band 38.12
Lower Bollinger Band 28.69
Percent B (%b) 0.61
BandWidth 28.24
MACD Line -0.80
MACD Signal Line -1.04
MACD Histogram 0.2399
Fundamentals Value
Market Cap 7.13 Billion
Num Shares 207 Million
EPS 0.87
Price-to-Earnings (P/E) Ratio 39.54
Price-to-Sales 22.14
Price-to-Book 21.81
PEG Ratio 1.02
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.29
Resistance 3 (R3) 36.39 35.87 35.98
Resistance 2 (R2) 35.87 35.39 35.82 35.87
Resistance 1 (R1) 35.13 35.09 35.50 35.03 35.76
Pivot Point 34.61 34.61 34.79 34.56 34.61
Support 1 (S1) 33.87 34.13 34.24 33.77 33.04
Support 2 (S2) 33.35 33.83 33.30 32.93
Support 3 (S3) 32.61 33.35 32.83
Support 4 (S4) 32.51