Technical Analysis for WBI - Woodbois Limited

Grade Last Price % Change Price Change
F 1.12 -2.61% -0.03
WBI closed up 3.6 percent on Thursday, March 23, 2023, on 2.58 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Mar 30
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion -2.61%
Oversold Stochastic Weakness -2.61%
New 52 Week Closing Low Bearish 0.90%
New Downtrend Bearish 0.90%
Wide Bands Range Expansion 0.90%
Oversold Stochastic Weakness 0.90%
Stochastic Buy Signal Bullish -4.27%
Inside Day Range Contraction -4.27%
Wide Bands Range Expansion -4.27%
Oversold Stochastic Weakness -4.27%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% about 6 hours ago
Down 2% about 6 hours ago
Down 1% about 6 hours ago
1.5x Volume Pace about 6 hours ago
Up 3% about 6 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.


Woodbois Limited Description

Woodbois Ltd, formerly Obtala Limited, is engaged in the development of agricultural, food processing and timber projects and timber trading. The Company embraces a vertically integrated trading platform focused on agriculture and forestry through its operations in Tanzania, Mozambique and Gabon. It is also involved in the provision of professional and administration services. The Company operates through three segments: agriculture, forestry and trading. Its agricultural Farm-to-Fork model allows planting a seed and producing a finished marketable product for both export and domestic markets sales. The Company's geographic focus is within timber and agriculture in Sub-Saharan Africa. The Company’s subsidiaries include Obtala Services Limited, Montara Continental Limited, Magole Agriculture Limited, Montara Land Company Limited, Milama Agriculture Company Limited, Milama Processing Limited, Wami Agriculture Co. Limited and Mama Jo’s Fresh Limited.


Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Food Culture Agriculture Farm Tanzania Forestry Fresh Mozambique Administration Services Fork Gabon Food Processing

Is WBI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 9.39
52 Week Low 1.1
Average Volume 42,294,915
200-Day Moving Average 3.06
50-Day Moving Average 1.49
20-Day Moving Average 1.36
10-Day Moving Average 1.18
Average True Range 0.10
RSI 33.33
ADX 26.24
+DI 12.55
-DI 26.14
Chandelier Exit (Long, 3 ATRs) 1.43
Chandelier Exit (Short, 3 ATRs) 1.41
Upper Bollinger Bands 1.76
Lower Bollinger Band 0.97
Percent B (%b) 0.23
BandWidth 58.06
MACD Line -0.12
MACD Signal Line -0.10
MACD Histogram -0.0205
Fundamentals Value
Market Cap 16.45 Million
Num Shares 1.43 Billion
Price-to-Sales 0.97
Price-to-Book 0.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.30
Resistance 3 (R3) 1.30 1.25 1.28
Resistance 2 (R2) 1.25 1.21 1.25 1.27
Resistance 1 (R1) 1.20 1.19 1.23 1.20 1.26
Pivot Point 1.15 1.15 1.16 1.15 1.15
Support 1 (S1) 1.10 1.11 1.13 1.10 1.04
Support 2 (S2) 1.05 1.09 1.05 1.03
Support 3 (S3) 1.00 1.05 1.03
Support 4 (S4) 1.00