NASDAQ:WETH Technical Analysis

Wetouch Technology Inc. — Technical Analysis & Chart Patterns

Eight formations appear in WETH's daily price history. A p&f double bottom breakdown completed with a downward breakout on July 29, 2026; a scallop, descending completed with a downward breakout on August 4, 2026; an order block (ob), bearish completed with a downward breakout on August 17, 2026; an elliott wave flat correction is currently forming and has not yet triggered; a hurst vtl upward break completed with an upward breakout on September 2, 2026; a marubozu, black printed a bearish signal on September 8, 2026; a double bottom, Adam & Eve is currently forming and has not yet triggered; a spinning top, black printed a bearish signal on September 9, 2026.

Signal balance Conflicted — signals cancel 1 bullish (1) · 2 bearish (1)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 4 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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FORMING
Double Bottom, Adam & Eve — Jun 26, 2026 to Sep 9, 2026
BREAKOUT DOWN
Spinning Top, Black — Sep 9, 2026 to Sep 9, 2026 · broke out on Sep 9, 2026
BREAKOUT DOWN
Marubozu, Black — Sep 8, 2026 to Sep 8, 2026 · broke out on Sep 8, 2026
BREAKOUT UP
Hurst VTL Upward Break — May 5, 2026 to Sep 1, 2026 · broke out on Sep 2, 2026
BREAKOUT DOWN
Order Block (OB), Bearish — Jul 22, 2026 to Aug 17, 2026 · broke out on Aug 17, 2026
FORMING
Elliott Wave Flat Correction — Jun 26, 2026 to Aug 17, 2026
BREAKOUT DOWN
Scallop, Descending — Jun 26, 2026 to Aug 3, 2026 · broke out on Aug 4, 2026
BREAKOUT DOWN
P&F Double Bottom Breakdown — Jul 15, 2026 to Jul 28, 2026 · broke out on Jul 29, 2026
Detected on this chart: Double Bottom, Adam & Eve (forming now), Spinning Top, Black, Marubozu, Black, Hurst VTL Upward Break, Order Block (OB), Bearish, Elliott Wave Flat Correction (forming now), Scallop, Descending, P&F Double Bottom Breakdown. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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