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Stock Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Wrap Technologies, Inc. (NASDAQ:WRAP)
Countertrend Down (-85) - WRAP 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 WRAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for WRAP.
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 WRAP
The long-term trend has been DOWN since Mar 14th, 2023 at 1.545
The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 2.150
The short-term trend has been UP since Jun 5th, 2023 at 1.090
Smart Scan Analysis for WRAP
Based on our trend formula, WRAP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0300 | 1.0599 | 0.9900 | 1.0100 | -0.0300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0100 | 73930 | 2023-06-07 15:59:56 |
| 52wk High | 3.53 | 52wk High Date | 2022-06-24 |
| 52wk Low | 0.95 | 52wk Low Date | 2023-06-01 |
| Average Volume | 118,635 | Shares Outstanding | 41,372 |
| Assets | 27,240,000M | Liabilities | 3,679,000M |