WIX (NASDAQ)

WIX NASDAQ

Wix.Com

SELL

162.76

Prev.Close

167.59

Change

-4.8300

Change%

-2.88%

BEARISH DELIBERATION BL...

Sold at

166.28

Open

168.35

High

168.87

Low

162.26

162.76

Gain%

-2.12%

Signal History

Date	Price	Signal	Change%		$100⇨
10/14	166.29	SELL	-2.1%		134
10/10	162.39	BUY	+2.4%	✔	131
09/30	167.23	SELL	-2.9%	✔	131
09/17	159.20	BUY	+5.0%	✔	125
08/28	164.89	SELL	-3.5%	✔	125
08/20	170.03	BUY	-3.0%	❌	129
08/12	159.33	SHORT	+6.7%	❌	139
07/09	156.52	BUY	+1.8%	✔	137
06/10	168.83	SELL	-7.3%	✔	138
06/05	167.69	BUY	+0.7%	✔	137
05/23	166.12	SELL	+0.9%	❌	137
05/07	120.51	BUY	+37.8%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to SELL. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 167.35, and our valid average selling price stands now at 166.29. The previous BUY signal was issued on 10/10/2024, 4 days ago, when the stock price was 162.39. Since then WIX has risen by +2.40%.

Market Outlook

We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.

Pattern Description

This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		$100⇨
10/14	166.29	SELL	-2.1%		299
10/10	162.39	BUY	+2.4%	✔	293
09/30	167.23	SELL	-2.9%	✔	294
09/17	159.20	BUY	+5.0%	✔	280
08/28	164.89	SELL	-3.5%	✔	281
08/20	170.03	BUY	-3.0%	❌	290
08/12	159.33	SHORT	+6.7%	❌	312
07/09	156.52	BUY	+1.8%	✔	308
06/10	168.83	SELL	-7.3%	✔	308
06/05	167.69	BUY	+0.7%	✔	307
05/23	166.12	SELL	+0.9%	❌	308
05/07	120.51	BUY	+37.8%	✔ 👍	224
03/15	136.42	SHORT	-11.7%	✔	201
03/12	140.02	BUY	-2.6%	❌	207
03/05	137.03	SELL	+2.2%	❌	208
02/26	134.54	BUY	+1.9%	✔	204
02/12	130.09	SHORT	+3.4%	❌	212
02/05	127.94	BUY	+1.7%	✔	210
01/31	126.88	SELL	+0.8%	❌	210
01/26	128.08	BUY	-0.9%	❌	212
01/18	124.83	SELL	+2.6%	❌	213
01/16	126.06	BUY	-1.0%	❌	215
12/29	124.20	SELL	+1.5%	❌	216
12/11	103.84	BUY	+19.6%	✔ 👍	181
12/07	102.81	SELL	+1.0%	❌	181
11/27	97.08	BUY	+5.9%	✔	171
11/22	96.59	SELL	+0.5%	❌	172
10/31	79.87	BUY	+20.9%	✔ 👍	142
10/25	82.05	SELL	-2.7%	✔	143
10/17	85.65	BUY	-4.2%	❌	149
10/10	87.16	SHORT	-1.7%	✔	147
10/06	89.20	BUY	-2.3%	❌	151
10/02	90.86	SHORT	-1.8%	✔	149
09/28	89.61	BUY	+1.4%	✔	148
09/19	94.24	SHORT	-4.9%	✔	141
09/12	94.95	BUY	-0.7%	❌	143
09/05	95.86	SELL	-0.9%	✔	143
08/21	87.67	BUY	+9.3%	✔	131
08/02	90.47	SELL	-3.1%	✔	132
07/25	84.97	BUY	+6.5%	✔	124