Free Daily Analysis

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.

Open High Low WRAP Price Change
1.0300 1.0599 0.9900 1.0100 -0.0300
Entry Signal

MarketClub’s Trade Triangles for WRAP

long term down The long-term trend has been DOWN since Mar 14th, 2023 at 1.545

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 2.150

short term up 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).

Smart Scan Analysis for WRAP
Strong Downtrend Sideways 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 High3.5352wk High Date2022-06-24
52wk Low0.9552wk Low Date2023-06-01
Average Volume118,635Shares Outstanding41,372
Get a free daily analysis and signals for Wrap Technologies, Inc. (WRAP) - Request Your Free Report.