NASDAQ trade advice (B): US Software stock | 5-6% gain | USA stock trading idea on 15 Jan 2025

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

15 Jan 2024
16 Jan 2024
16 Jan 2024
2 days
Loss per
100,000 USD
Stop-loss
222
Buy Advice
15 Jan 2024
230 – 235
Target 1
16 Jan 2024
246
Target 2
16 Jan 2024
250
Profit per
100,000 USD
2 days
4,665
222
230 – 235
246
250
4,665
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Wix.com
  • 230 – 235
  • 246 – 250
  • Below 222
  • 5% – 6%
  • 14 - 15 Days
  • Buy Wix.com
  • Buy
    Range
    230 – 235
  • Target 246 – 250
  • Stoploss Below 222
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 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
  • Software
  • 229.79
  • 117.58
  • NASDAQ Code WIX
  • Stock Name Wix.com
  • Sector Software
  • 52 Weeks High 229.79
  • 52 Weeks Low 117.58
  • 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

  • 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 stock price underwent a consolidation phase, forming a rectangular pattern.
    • After the breakout, the stock initially increased but soon entered another phase of consolidation, resulting in the formation of yet another rectangle pattern.
    • Now, following a new breakout, the stock is poised to rise again.
  • Wix.com (NASDAQ: WIX) - RSI Indicator

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

    • Current RSI of this stock is 64.32, which indicates the strength of buyers.

  • 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 stock trading advice in Saudi Arabia, Wix.com stock price target will be USD 246 - USD 250 in the next 14-15 trading sessions.

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