Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
WRIT MEDIA GROUP INC (NASDAQ:WRIT)
Countertrend Up (+85) - WRIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since May 7th, 2024 at 0.012300
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.005935
The short-term trend has been UP since Apr 26th, 2024 at 0.005460
Smart Scan Analysis for WRIT
Based on our trend formula, WRIT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0083 | 0.0120 | 0.0066 | 0.0110 | +0.0015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0120 | 438744 | 2024-05-09 15:48:33 |
| Year High | 0.25 | Year High Date | 2018-01-04 |
| Year Low | 0.02 | Year Low Date | 2018-10-26 |
| 52wk High | 0.02 | 52wk High Date | 2023-12-01 |
| 52wk Low | 0.004 | 52wk Low Date | 2024-04-01 |
| Year End Close | 0.0005 | Average Volume | 292,352 |
| Shares Outstanding | 56,918 | Assets | 0.1M |
| Liabilities | 0.8M | Beta | 4.56 |
| Volatility | 267.41 |