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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Weibo Corporation - American Depositary Shares (NASDAQ:WB)
Countertrend Down (-85) - WB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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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 Apr 11th, 2024 at 8.61
The short-term trend has been UP since Apr 18th, 2024 at 8.00
Smart Scan Analysis for WB
Based on our trend formula, WB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.110 | 8.220 | 7.972 | 8.125 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.130 | 1300082 | 2024-04-23 16:00:04 |
| Year High | 142.12 | Year High Date | 2018-02-15 |
| Year Low | 53.11 | Year Low Date | 2018-10-30 |
| 52wk High | 18.1 | 52wk High Date | 2023-04-28 |
| 52wk Low | 7.58 | 52wk Low Date | 2024-04-15 |
| Average Volume | 2,476,650 | Shares Outstanding | 20,000 |
| Market Cap | 3,715M | Assets | 671,053,700M |
| Liabilities | 350,340,800M | P/E Ratio | 4.8393 |
| Volatility | 72.98 |