Stock Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
WRIT MEDIA GROUP INC (NASDAQ:WRIT)
Long-Term Downtrend (-90) - WRIT is in a strong downtrend that is likely to continue. While WRIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WRIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for WRIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WRIT
The long-term trend has been DOWN since Dec 29th, 2022 at 0.00785
The intermediate-term trend has been DOWN since Mar 29th, 2023 at 0.00640
The short-term trend has been DOWN since Mar 29th, 2023 at 0.00640
Smart Scan Analysis for WRIT
Based on our trend formula, WRIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.25||Year High Date||2018-01-04|
|Year Low||0.02||Year Low Date||2018-10-26|
|52wk High||0.03||52wk High Date||2022-07-21|
|52wk Low||0.0057||52wk Low Date||2023-03-29|
|Year End Close||0.0005||Average Volume||8,141|