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

Date
January 15, 2025
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Swing Trading Signals in US Stocks

  • 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.

    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
  • 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 Forecast

    Based on our short term trading in the US stock market, Wix.com stock price target will be USD 246 - USD 250 in the next 14-15 trading sessions.

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    Target hit. Trade closed.

    15 Jan 2024
    16 Jan 2024
    16 Jan 2024
    2 days
    Loss per
    100,000 SAR
    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 SAR
    2 days
    4,665
    222
    230 – 235
    246
    250
    4,665
    15 Jan 2024
    16 Jan 2024
    16 Jan 2024
    2 days
    Loss per
    100,000 SAR
    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 SAR
    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
  • 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 Forecast

    Based on our short term trading in the US stock market, Wix.com stock price target will be USD 246 - USD 250 in the next 14-15 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website