Buy Wix.com | NASDAQ – WIX | Short Term Trading Advice | Technology Sector | 21th May 2024 | Expected Gain 8% – 10%

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

21 May 2024
6 Jun 2024
6 Jun 2024
5 days
Loss per
100,000 USD
Stop-loss
144
Buy Advice
21 May 2024
158 – 163
Target 1
6 Jun 2024
176
Target 2
6 Jun 2024
180
Profit per
100,000 USD
5 days
13,070
144
158 – 163
176
180
13,070
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Wix.com
  • 158 – 163
  • 176 – 180
  • Below 144
  • 8% – 10%
  • 15 - 16 Days
  • Buy Wix.com
  • Buy
    Range
    158 – 163
  • Target 176 – 180
  • Stoploss Below 144
  • Upside
    Potential
    8% – 10%
  • Trade
    Duration
    15 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Wix.com (NASDAQ: WIX) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • WIX
  • Wix.com
  • Technology
  • 170.415
  • 73.4
  • NASDAQ Code WIX
  • Stock Name Wix.com
  • Sector Technology
  • 52 Weeks High 170.415
  • 52 Weeks Low 73.4
  • Company profile

    Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online.The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

  • Wix.com (NASDAQ: WIX) vs NASDAQ - Relative Strength Comparison

    The image highlights Wix.com's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    WIX —   NASDAQ —

  • Wix.com (NASDAQ: WIX) - Technical Analysis (Daily)

    Wix.com - Technical Analysis chart on Daily Price and Volume
    Wix.com - Technical Analysis chart on Daily Price and Volume

    • The price had been consolidating and coundn't manage to break its resistance near 101 level.
    • Finally in Dec'23, the price successfully broke the resistance level.
    • After the breakout, price moved upside and made a previous 52 week high at near 147 level.
    • From there, price has made a significant correction and came down at near at 118 level.
    • Then the price started moving upside again and currently trading at 52 week high level.
    • The volume has also been increasing significantly.
    • It is expected that the price will continue its upmove.
  • Wix.com (NASDAQ: WIX) - MACD Indicator

    Wix.com stock analysis based on MACD Indicator
    Wix.com - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.ns.

  • Wix.com (NASDAQ: WIX) - ADX & DI Indicator

    Wix.com stock analysis based on ADX & DI Indicator
    Wix.com - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Wix.com (NASDAQ: WIX) - EMA Crossover

    Wix.com stock analysis based on EMA Crossover
    Wix.com - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Wix.com (NASDAQ: WIX) Stock Price Forcast

    Based on our trading advisory services for US stocks, Wix.com stock price target will be USD 176 - USD 180 in the next 15-16 trading sessions.

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