Foliotrail Foliotrail charts

WIX

daily
Daily Weekly Monthly
FALLING KNIFE
Support
$52.0
Resistance
$60.0
WIX Wix.com Ltd. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — falling knife as of May 22, 2026
WIX Daily chart 2026-05-22 20:39:38 UTC
AI-generated analysis — not financial advice. For educational purposes only.

WIX Daily Technical Analysis Summary

As of May 22, 2026, WIX (Wix.com Ltd.) is in a falling knife state on the daily chart, with a confidence level of 74%. Key support is at $52.0 and key resistance at $60.0. Price at ~$53.12 after a sharp breakdown from the ~$70-$80 shelf; all key MAs overhead and sloping down; RSI ~31.65 (near-oversold).

Price Scenarios & Targets

bearish

Bearish continuation: minor dead-cat bounce fails into $60-$65 (EMA20/old support) then sellers press to new lows; Elliott view: still in a late impulse leg down (wave 5) with only brief corrective bounces.

Price Target
$45.0
Path to target
First move
$50.0
Pullback
$60.0
Final target
$45.0

bullish

Oversold rebound / bottoming attempt: price defends $52-$50, forms a higher low and squeezes into the first MA cluster; Fibonacci-style retrace of the last leg down targets the ~$64-$72 zone before heavy supply returns.

Price Target
$72.5
Path to target
First move
$64.6
Pullback
$58.0
Final target
$72.5

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close below $52.00 (break of current swing-low area) with follow-through.

✗ Invalidation

2+ daily closes back above $64.60 (reclaim of EMA20 area) holding.

Position Entry & Exit Levels

⊕ Add

Start $50.0 – $54.0
Add $45.0 – $50.0
Heavy $38.0 – $45.0

Knife-catching risk is high; start near current swing-low support, add on flush into next downside extension, heavy-add only on capitulation-style discount well below broken base.

⊖ Derisk

Trim 1 $72.0 – $82.5
Trim 2 $100 – $106
Close $125 – $150

Trim into major moving-average resistance zones (EMA50/EMA100 first, then SMA200/EMA200); full exit only if a multi-year mean-reversion overshoots well above long-term MAs.

Frequently Asked Questions

What is the daily technical outlook for WIX today?

As of May 22, 2026, WIX (Wix.com Ltd.) is in a falling knife state on the daily chart with 74% confidence. Price at ~$53.12 after a sharp breakdown from the ~$70-$80 shelf; all key MAs overhead and sloping down; RSI ~31.65 (near-oversold).

What are the daily support and resistance levels for WIX?

On the daily timeframe, WIX has key support at $52.0 and key resistance at $60.0. The most likely scenario (bearish) targets $50.0 and $45.0, with a revert level at $60.0.

Is WIX in an uptrend or downtrend?

WIX (Wix.com Ltd.) is currently classified as falling knife on the daily chart, with 74% confidence. Confirmation requires: Daily close below $52.00 (break of current swing-low area) with follow-through. This would be invalidated by: 2+ daily closes back above $64.60 (reclaim of EMA20 area) holding.

What are the price targets for WIX?

The most likely scenario (bearish) targets $50.0 and $45.0, with a revert level at $60.0. The alternative scenario (bullish) targets $64.6 and $72.5.

Other Timeframes for WIX
Related Tickers