Bollinger Band Analysis Review of WPCS International Incorporated (NASDAQ:WPCS)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of WPCS International Incorporated (NASDAQ:WPCS) for the period of 9-Day stands at 38.07% while the stochastic %D for the same period stands at 46.58%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of WPCS International Incorporated (NASDAQ:WPCS) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for WPCS International Incorporated (NASDAQ:WPCS) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently WPCS International Incorporated (NASDAQ:WPCS)’s 20-Day Bollinger Band indicates “Hold”.

About Company

WPCS International Incorporated is an engineering company that focuses on the implementation requirements of wireless technology and specialty communications systems. The company provides a range of services including site design, product integration, security, structured cabling, construction and project management. The company has an extensive customer base that includes many major corporations, government entities and educational institutions.

Previous Day Activity Analysis

On the last trading day, WPCS International Incorporated (NASDAQ:WPCS) opened the session at $2.05 and after going up 2.46% closed at $2.08. The stock gained 0.03 points in the last trade.

WPCS International Incorporated (NASDAQ:WPCS)’s stock fluctuated in the range of $1.88 and $2.26 during the previous active session. WPCS International Incorporated (NASDAQ:WPCS) traded with the volume of 1.4 Million with average volume of 445.66 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.02 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.4 and 61.77 respectively.

Currently the Insider Ownership of the shares of WPCS International Incorporated (NASDAQ:WPCS) is at 19.54% and the shares outstanding are 3.27 Million.

Important Ratio Analysis

Some important ratios to consider here for WPCS International Incorporated (NASDAQ:WPCS) are discussed below:

Dividend yield of WPCS International Incorporated (NASDAQ:WPCS) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0.4 and 3.59 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 4 and 0 correspondingly.

The Quick Ratio of WPCS International Incorporated (NASDAQ:WPCS) stands at 1.7 while the Current Ratio depicts the value of 1.7.

Return on Assets ROA of WPCS International Incorporated (NASDAQ:WPCS) is at -25.3% whereas, Return on Equity ROE and Return of Investment ROI of WPCS International Incorporated (NASDAQ:WPCS) stand at -102.3% and -61.6% respectively.

Stock Performance Analysis

The stock performance of WPCS International Incorporated (NASDAQ:WPCS) on the basis of 5 day trade show the jump of 26.08% whereas, the monthly performance of the stock shows increase of 65.08%.

The quarterly performance of the stock remained in green zone with the value of 54.07% while six month performance of the shares of WPCS International Incorporated (NASDAQ:WPCS) remained bullish with the count of 70.49%.

The yearly and YTD performance of WPCS International Incorporated (NASDAQ:WPCS) remained up at 58.78% and 63.78% respectively.