USA - New York Stock Exchange - NYSE:CHWY - US16679L1098 - Common Stock
Overall CHWY gets a technical rating of 0 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.
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 support zone below the current price at 33.28, a Stop Loss order could be placed below this zone.
31.67
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | 26.77 | NEGATIVE | CHWY has a low relative strength, it was outperformed by 73.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHWY is below a declining 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) | 40.52 | NEUTRAL | The RSI value for CHWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CHWY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for CHWY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CHWY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.44 | POSITIVE | The high ADX value value for CHWY suggests a strong trend. |
33.29
+0.16 (+0.48%)
ChartMill assigns a technical rating of 0 / 10 to CHWY.
The current trend direction for CHEWY INC - CLASS A (CHWY) is Bearish.
CHEWY INC - CLASS A (CHWY) has an RSI value of 40.5219. This indicates that the stock is currently neutral.
The short term momentum for CHEWY INC - CLASS A (CHWY) is negative.
The buy/sell signal for CHEWY INC - CLASS A (CHWY) is sell as both the short term and long term trends are negative.