Technical Analysis for WEI - Weidai Ltd.

Grade Last Price % Change Price Change
grade D 10.1433 2.46% 0.24
WEI closed up 2.46 percent on Thursday, April 18, 2019, on 82 percent of normal volume. 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Down Up
See historical WEI trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Bullish Engulfing Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 2.46%
NR7 Range Contraction 2.46%
NR7-2 Range Contraction 2.46%
Oversold Stochastic Weakness 2.46%
Narrow Range Bar Range Contraction 2.46%

Older signals for WEI ...

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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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 13.63
52 Week Low 9.14
Average Volume 5,558
200-Day Moving Average 0.0
50-Day Moving Average 11.2671
20-Day Moving Average 10.6474
10-Day Moving Average 10.0367
Average True Range 0.2479
ADX 29.5
+DI 22.0701
-DI 31.1552
Chandelier Exit (Long, 3 ATRs ) 11.3063
Chandelier Exit (Short, 3 ATRs ) 10.543700000000001
Upper Bollinger Band 12.0497
Lower Bollinger Band 9.2451
Percent B (%b) 0.32
BandWidth 26.340703
MACD Line -0.4088
MACD Signal Line -0.3569
MACD Histogram -0.0519
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.66
Resistance 3 (R3) 10.60 10.37 10.57
Resistance 2 (R2) 10.37 10.24 10.40 10.54
Resistance 1 (R1) 10.26 10.16 10.31 10.31 10.52
Pivot Point 10.03 10.03 10.06 10.06 10.03
Support 1 (S1) 9.91 9.90 9.97 9.97 9.77
Support 2 (S2) 9.69 9.82 9.71 9.74
Support 3 (S3) 9.57 9.69 9.71
Support 4 (S4) 9.63