Stock Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
WEX Inc. common stock (NYSE:WEX)
Sidelines Mode (+55) - WEX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WEX
The long-term trend has been UP since Jul 12th, 2023 at 191.93
The intermediate-term trend has been UP since Sep 1st, 2023 at 198.15
The short-term trend has been DOWN since Sep 21st, 2023 at 199.82
Smart Scan Analysis for WEX
Based on our trend formula, WEX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||203.495||Year High Date||2018-09-13|
|Year Low||131.85||Year Low Date||2018-02-09|
|52wk High||204.055||52wk High Date||2023-02-09|
|52wk Low||125||52wk Low Date||2022-09-27|
|Average Volume||235,019||Shares Outstanding||42,841|