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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Wolfspeed, Inc. (NYSE:WOLF)

Strong Downtrend (-100) - WOLF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, WOLF continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid WOLF?

MarketClub looks at technical strength and momentum to determine if the timing is right for WOLF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_WOLF
Open High Low WOLF Price Change
23.5000 24.7999 22.5300 22.5600 -1.3800
Entry Signal

MarketClub’s Trade Triangles for WOLF

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 41.715

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 25.830

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 26.510

Smart Scan Analysis for WOLF

Based on our trend formula, WOLF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for WOLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.5000 24.7999 22.5300 22.5600 -1.3800
Prev. Close Volume Bid Ask Time
22.5700 5897985 2024-04-23 15:59:57
52wk High70.424752wk High Date2023-07-19
52wk Low21.8552wk Low Date2024-04-22
Average Volume4,252,710Shares Outstanding125,801
Assets729,020,000MLiabilities614,000,000M
P/E Ratio-17.18240000
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