Our Thoughts on Weibo Corporation ($WB) (2019-11-12)

REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how WB has been trading over the last 2 weeks and the past day especially. On its latest session, Weibo Corporation ($WB) opened at 53.51, reaching a high of 53.67 and a low of 52.06 before closing at a price of 53.61. There was a total volume of 1311845.

VOLUME INDICATORS FOR WEIBO CORPORATION ($WB): We saw an accumulation-distribution index of 1079.96125, an on-balance volume of 54.67, chaikin money flow of 19.125 and a force index of 0.3536. There was an ease of movement rating of -0.03292, a volume-price trend of 10.3151 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR WEIBO CORPORATION ($WB): We noted an average true range of 0.94079, bolinger bands of 55.40987, an upper bollinger band of 50.46013, lower bollinger band of 52.06, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 53.08, high band keltner channel of 52.92, low band keltner channel of 53.24, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 52.06, a donchian channel low band of 52.06, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR WEIBO CORPORATION ($WB): We calculated a Moving Average Convergence Divergence (MACD) of 0.03926, a MACD signal of 0.02181, a MACD difference of 0.01745, a fast Exponential Moving Average (EMA) indicator of 52.06, a slow Exponential Moving Average (EMA) indicator of 52.06, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.38168, a trix of 13.57661, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -8.38591, a KST Oscillator (KST) of 192.0111 and a KST Oscillator (KST Signal) of 192.0111 (leaving a KST difference of 10.01738). We also found an Ichimoku rating of 53.59, an Ichimoku B rating of 53.59, a Ichimoku visual trend A of 45.59715, an Ichimoku visual trend B of 47.1324, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR WEIBO CORPORATION ($WB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 85.2581, a stochastic oscillator of 1006.25, a stochastic oscillator signal of 1006.25, a Williams %R rating of 906.25 and an awesome oscillator of -0.03567.

RETURNS FOR WEIBO CORPORATION ($WB): There was a daily return of 19.20111, a daily log return of 3.30624 and a cumulative return of 3.36151.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Weibo Corporation ($WB)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Weibo Corporation ($WB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *