WDNA sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for WDNA moved below the 200-day moving average on August 22, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on WDNA as a result. In of 38 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for WDNA turned negative on September 18, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 17 similar instances when the indicator turned negative. In of the 17 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WDNA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for WDNA entered a downward trend on September 19, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WDNA advanced for three days, in of 131 cases, the price rose further within the following month. The odds of a continued upward trend are .
WDNA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Health
WDNA and
Correlation & Price change
A.I.dvisor tells us that WDNA and XBI have been poorly correlated (+-0% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that WDNA and XBI's prices will move in lockstep.
| Ticker / NAME | Correlation To WDNA | 1D Price Change % | ||
|---|---|---|---|---|
| WDNA | 100% | -0.83% | ||
| XBI - WDNA | -0% Poorly correlated | -2.17% | ||
| IBB - WDNA | -3% Poorly correlated | -0.86% | ||
| VHT - WDNA | -4% Poorly correlated | -0.09% | ||
| IHI - WDNA | -5% Poorly correlated | -1.03% | ||
| XLV - WDNA | -5% Poorly correlated | +0.01% |