Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Weibo Corporation - American Depositary Shares (NASDAQ:WB)
Strong Downtrend (-100) - WB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, WB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WB?
MarketClub looks at technical strength and momentum to determine if the timing is right for WB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WB
The long-term trend has been DOWN since May 9th, 2023 at 15.69
The intermediate-term trend has been DOWN since Nov 10th, 2023 at 11.22
The short-term trend has been DOWN since Nov 28th, 2023 at 11.84
Smart Scan Analysis for WB
Based on our trend formula, WB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||142.12||Year High Date||2018-02-15|
|Year Low||53.11||Year Low Date||2018-10-30|
|52wk High||25.57||52wk High Date||2023-02-02|
|52wk Low||9.09||52wk Low Date||2023-12-05|
|Average Volume||2,225,782||Shares Outstanding||20,000|