NASDAQ
On the weekly chart, WB has been moving sideways between $7.03 and $12.40 since 8 Sept 2024.
Since 2020, NasdaqScan has found 4 sideways ranges in WB. Completed ranges lasted 572 days on average, from 539 to 602 days. Of those 3, 2 broke downward and 1 ended without a clear breakout. The current range is 76% wide from low to high. The latest retest signal NasdaqScan detected in WB was in the week of 21 Jan 2024, below the earlier $8.56 – $21.83 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 8 Sept 2024 | Open | — | — | |
| 23 Oct 2022 | 14 Apr 2024 (539 days) | Broke below the range at $7.58 | 21 Jan 2024 (BO accepted) | |
| 6 Dec 2020 | 31 Jul 2022 (602 days) | Broke below the range at $15.14 | — | |
| 9 Feb 2020 | 5 Sept 2021 (574 days) | Range invalidated at $38.07 | — |
All NASDAQ stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.