Summary
• Wearable Devices Ltd. (WLDS) saw a 7.3% increase in stock price during intraday trading, reaching $1.47.
• A partnership with Rokid aims to integrate gesture control technology into AR glasses, with a consumer bundle launch planned for Q2 2026.
• Despite recent gains, WLDS has faced significant volatility, with a year-to-date decline of approximately 84% and trading below short-term moving averages.
Wearable Devices Ltd. (WLDS) is trading at $1.47, reflecting a 7.3% increase during intraday trading. This marks a significant uptick compared to its previous close, signaling renewed investor interest. The stock’s upward movement occurs amid a collaboration announcement with Rokid that many see as pivotal for its future offerings.
Strategic Partnership Announcement
On December 24, Wearable Devices announced a partnership with global pioneer Rokid aimed at integrating gesture control technology into augmented reality (AR) glasses. This collaboration emphasizes providing a natural and efficient user experience, which could enhance the versatility of both companies’ product lines. The planned consumer bundle is set to launch in Q2 2026, paired with live demonstrations at CES 2026, potentially positioning both firms for greater market penetration in the emerging AI and AR sectors.
Recent Developments in Technology
A press release on December 22 highlighted updates to the Mudra Link application, which promises improved usability on smart glasses through new customizable presets. This update is intended to provide users with a seamless experience, allowing gesture controls to be consistently applied across supported devices. Such enhancements are crucial for the adoption of wearable technology, particularly in a competitive field, as they aim to reduce friction in user interactions.
Market Performance and Technical Analysis
Despite the positive intraday performance, the stock has displayed significant volatility, with a 52-week low of 37% and a staggering year-to-date decline of approximately 84%. Currently, WLDS is trading below its short-term moving averages, showing a sma20 of -20.5% and a sma50 of -36.6%. The average trading volume over the last ten days was about 269,036 shares, contrasting sharply with the 3-month average of 472,009 shares, suggesting a surge in activity today as the total volume reached 7,984,497 shares.
The Relative Strength Index (RSI) currently stands at 32.85, indicating that the stock may be approaching an oversold condition, suggesting potential further buying interest in the near future.
Outlook
With the collaboration with Rokid and recent product updates driving investor interest, Wearable Devices appears poised for exploration in the AI and AR markets. Continuing to innovate in its product offerings will be essential for its recovery as it navigates a challenging market landscape.