Technical Analysis for WEI - Weidai Ltd.

Grade Last Price % Change Price Change
grade F 1.29 -0.77% -0.01
WEI closed down 0.77 percent on Thursday, August 6, 2020, on 46 percent of normal volume.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.77%
Calm After Storm Range Contraction -0.77%
Narrow Range Bar Range Contraction -0.77%
Inside Day Range Contraction -0.77%
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Upper Bollinger Band Touch Strength 0.00%

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Profile

Weidai Ltd. is a China-based company principally engaged in the provision of auto-backed financing solutions. The Company mainly provides small and micro enterprise owners with accessible credit service. Its platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. The Company also provides other secured and unsecured loan services. The Company’s lending decisions are generally made within 30 minutes of application after information collection and automobile appraisal, and loans are generally disbursed within the same day, including weekends, delivering superior user experience.
Loans

Is WEI 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 8.29
52 Week Low 1.01
Average Volume 65,566
200-Day Moving Average 2.53
50-Day Moving Average 1.40
20-Day Moving Average 1.20
10-Day Moving Average 1.19
Average True Range 0.12
ADX 23.23
+DI 26.86
-DI 17.72
Chandelier Exit (Long, 3 ATRs ) 1.09
Chandelier Exit (Short, 3 ATRs ) 1.39
Upper Bollinger Band 1.37
Lower Bollinger Band 1.04
Percent B (%b) 0.77
BandWidth 27.05
MACD Line -0.03
MACD Signal Line -0.06
MACD Histogram 0.0308
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.50
Resistance 3 (R3) 1.51 1.44 1.47
Resistance 2 (R2) 1.44 1.39 1.44 1.46
Resistance 1 (R1) 1.37 1.35 1.33 1.36 1.44
Pivot Point 1.30 1.30 1.28 1.30 1.30
Support 1 (S1) 1.22 1.25 1.19 1.22 1.14
Support 2 (S2) 1.16 1.21 1.16 1.12
Support 3 (S3) 1.08 1.16 1.11
Support 4 (S4) 1.08