Wix.com's 15min chart triggers MACD Death Cross, Bollinger Bands Narrowing

According to the 15-minute chart of Wix.com, the MACD Death Cross and Bollinger Bands Narrowing indicators are both present at 05/05/2025 14:15. This suggests that the stock price has the potential to continue falling, and the magnitude of stock price fluctuations may be decreasing.

Wix.com (WIX) closed the latest trading day at $167.93, indicating a -0.98% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.21%, and the technology-dominated Nasdaq saw an increase of 1.52% [1].

The upcoming earnings release of Wix.com, expected on May 21, 2025, is of great interest to investors. Analysts expect the company to post earnings of $1.66 per share, representing year-over-year growth of 28.68% [1]. For the full year, the Zacks Consensus Estimates project earnings of $7.53 per share and a revenue of $1.98 billion, demonstrating changes of +17.84% and +12.45%, respectively, from the preceding year [1].

As of the 15-minute chart of Wix.com on May 5, 2025, at 14:15, the MACD Death Cross and Bollinger Bands Narrowing indicators are both present. These indicators suggest that the stock price has the potential to continue falling, and the magnitude of stock price fluctuations may be decreasing [2].

In terms of valuation, Wix.com is presently being traded at a Forward P/E ratio of 22.52, which is a premium compared to its industry's average Forward P/E of 16.85 [1]. The stock also trades at a PEG ratio of 1.14, which is lower than the industry's average PEG ratio of 1.79 [1].

Investors should monitor recent shifts in analyst projections for Wix.com, as these revisions can reflect the latest near-term business trends. The Zacks Rank system, which includes these estimate changes, presents a viable rating system with a track record of outperformance [1]. Currently, Wix.com is carrying a Zacks Rank of #3 (Hold) [1].

References:
[1] https://www.nasdaq.com/articles/wixcom-wix-stock-slides-market-rises-facts-know-you-trade-1
[2] [Provided Chart Data]