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Wrap Technologies, Inc.

WRAP Technical Analysis Summary (NASDAQ)

Analyze WRAP on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WRAP●NASDAQ
TechnologyHardware, Equipment & Parts
$1.74
$0.01(0.58%)
U.S. Market opens in 1h 33m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WRAP Technical Analysis Summary (NASDAQ)

Wrap Technologies, Inc. (NASDAQ: WRAP) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.32)
Trend Strength:Moderate (ADX: 23.67)
Volatility:High (ATR: 0.18)
Support/Resistance:$1.63 – $2.03 (Bollinger Bands)

Technical conditions suggest Wrap Technologies, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Wrap Technologies, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -68.89

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.35

Bullish
Steady upward momentum.

Takeaway:Wrap Technologies, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.67

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): -50.10

Bearish
Bearish, momentum remains under pressure.

Takeaway:Wrap Technologies, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.03
Middle Band (SMA 20)
$1.83
Lower Band
$1.63
Current Position
Within Bands

Takeaway:Wrap Technologies, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.18
Middle Line (EMA 20)
$1.82
Lower Channel
$1.47
Squeeze Status
Squeeze On

Takeaway:Wrap Technologies, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume69.24M
Money Flow Index33.08Bearish, selling pressure outweighs inflows.
Relative Vigor Index50.87Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:WRAP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Wrap Technologies, Inc. (NASDAQ: WRAP), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Wrap Technologies, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: WRAP) Technical Analysis FAQ