CHEWY INC - CLASS A (CHWY) Technical Analysis
NYSE:CHWY • US16679L1098
Current stock price
CHWY Technical Rating and Analysis
Overall CHWY gets a technical rating of 1 out of 10. CHWY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 87% of all other stocks performed better in the past year than CHWY.
- CHWY is one of the lesser performing stocks in the Specialty Retail industry. 68% of 124 stocks in the same industry do better.
- CHWY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHWY is lagging the market.
- In the last month CHWY has a been trading in the 23.68 - 28.01 range, which is quite wide. It is currently trading near the lows of this range.
- CHWY has an average volume of 8037650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHWY Weekly and Daily overview Charts
CHWY Setup Rating and Analysis
Although the technical rating is bad, CHWY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CHWY Support and Resistance Analysis
23.99
We found 1 important support area.
- Support @24.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @24.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.42 to 27.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.67 to 29.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.67 from a horizontal line in the daily time frame.
CHWY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHWY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHWY is down. |
| ChartMill Relative Strength | 13.73 | NEGATIVE | CHWY has a low relative strength, it was outperformed by 86.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHWY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHWY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHWY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.94 | NEUTRAL | The RSI value for CHWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CHWY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for CHWY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for CHWY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for CHWY suggests a weak or negative trend. |
CHWY Chart- and CandleStick Pattern Analysis
CHWY Technicals: Chart, Performance Metrics, Trend & Indicators
24.33
-0.89 (-3.53%)
CHEWY INC - CLASS A / CHWY TA FAQ
What is the technical rating for CHWY stock?
ChartMill assigns a technical rating of 1 / 10 to CHWY.
What is the current trend direction of CHEWY INC - CLASS A (CHWY) stock?
The current trend direction for CHEWY INC - CLASS A (CHWY) is Bearish.
Can you provide the RSI signal for CHEWY INC - CLASS A?
CHEWY INC - CLASS A (CHWY) has an RSI value of 42.9445. This indicates that the stock is currently neutral.
What is the short term momentum for CHWY stock?
The short term momentum for CHEWY INC - CLASS A (CHWY) is negative.
What are the support and resistance levels for CHEWY INC - CLASS A (CHWY) stock?
CHEWY INC - CLASS A (CHWY) has a support level at 24.71 and a resistance level at 27.42. Check the full technical report for our detailed analysis of CHWY support and resistance levels.