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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 86% of all other stocks performed better in the past year than CHWY.
- CHWY is part of the Specialty Retail industry. There are 124 other stocks in this industry, of which 67% are performing better than CHWY.
- CHWY is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 22.74 - 27.53 range, which is quite wide. It is currently trading near the high of this range.
- CHWY has an average volume of 8538780 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
CHWY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.87. Right above this resistance zone may be a good entry point.
More info and screens
CHWY Support and Resistance Analysis
23.14
When analyzing the support we notice one important area.
- A support zone ranging from 23.37 to 23.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.87 to 27.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.31 to 28.49. 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 | NEUTRAL | NEUTRAL | The short term trend for CHWY is neutral. |
| ChartMill Relative Strength | 14.28 | NEGATIVE | CHWY has a low relative strength, it was outperformed by 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHWY is above 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) | 51.04 | NEUTRAL | The RSI value for CHWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CHWY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.4 | NEUTRAL | The Stochastics value for CHWY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for CHWY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.88 | 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
26.22
-0.32 (-1.21%)
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.
What is the RSI signal for CHWY stock?
CHEWY INC - CLASS A (CHWY) has an RSI value of 51.0415. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHEWY INC - CLASS A?
The MACD indicator for CHEWY INC - CLASS A (CHWY) has a value of 0.271578, indicating a bearish trend.
Can you provide the short term momentum for CHEWY INC - CLASS A?
The short term momentum for CHEWY INC - CLASS A (CHWY) is neutral.