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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Wrap Technologies, Inc. (NASDAQ:WRAP)

Long-Term Downtrend (-90) - WRAP is in a strong downtrend that is likely to continue. While WRAP 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 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.

NASDAQ_WRAP
Open High Low WRAP Price Change
2.250 2.280 2.130 2.270 +0.085
Entry Signal

MarketClub’s Trade Triangles for WRAP

long term down The long-term trend has been DOWN since Mar 22nd, 2024 at 2.19

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 3.66

short term down The short-term trend has been DOWN since Feb 14th, 2024 at 4.22

Smart Scan Analysis for WRAP

Based on our trend formula, WRAP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for WRAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.250 2.280 2.130 2.270 +0.085
Prev. Close Volume Bid Ask Time
2.185 477497 2024-03-28 15:59:58
52wk High7.0152wk High Date2024-02-05
52wk Low0.9552wk Low Date2023-06-01
Average Volume491,012Shares Outstanding44,214
Assets31,667,000MLiabilities11,096,000M
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