Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Wolfspeed, Inc. (NYSE:WOLF)

Sidelines Mode (+55) - WOLF 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 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
26.82 27.35 25.93 26.95 +0.68
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 up The intermediate-term trend has been UP since May 22nd, 2024 at 28.220

short term down The short-term trend has been DOWN since May 23rd, 2024 at 25.390

Smart Scan Analysis for WOLF

Based on our trend formula, WOLF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for WOLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.82 27.35 25.93 26.95 +0.68
Prev. Close Volume Bid Ask Time
26.27 1882558 2024-05-28 15:59:59
52wk High70.424752wk High Date2023-07-19
52wk Low20.6352wk Low Date2024-05-02
Average Volume4,279,279Shares Outstanding125,855
Assets769,620,000MLiabilities126,202,000M
P/E Ratio-17.18240000
Get a free daily analysis and signals for Wolfspeed, Inc. (WOLF) - Request Your Free Report.