CHEWY INC - CLASS A (CHWY) Stock Technical Analysis
USA - NYSE:CHWY - US16679L1098 - Common Stock
37.63 USD
+0.04 (+0.11%)
37.7 USD
+0.07 (+0.19%)
We assign a technical rating of 3 out of 10 to CHWY. Although CHWY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that CHWY is one of the better performing stocks in the market, outperforming 75% of all stocks.
CHWY is part of the Specialty Retail industry. There are 122 other stocks in this industry. CHWY outperforms 70% of them.
CHWY has an average volume of 7554180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CHWY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHWY is lagging the market.
In the last month CHWY has a been trading in the 34.43 - 40.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 37.07, a Stop Loss order could be placed below this zone.
More info and screens
33.54
43.86
When analyzing the support we can see 2 important areas.
- Support @37.07 from a horizontal line in the daily time frame.
- A support zone ranging from 33.88 to 35.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 37.94 to 38.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.07 to 40.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 42.34 to 42.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.43 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CHWY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHWY is down. |
| ChartMill Relative Strength | 75.31 | POSITIVE | CHWY has a high relative strength, it outperformed 75.31% 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) | UP | MIXED | The current price of CHWY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHWY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.14 | NEUTRAL | The RSI value for CHWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CHWY has a negative trend. |
| Stochastics (14,3) | 18.71 | OVERSOLD | The low Stochastics value suggests CHWY may be oversold. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CHWY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.6 | NEGATIVE | The low ADX value for CHWY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
37.63
+0.04 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.11%
1 Week-6.97%
2 Weeks-1.65%
1 Month-10.62%
3 Month-0.95%
6 Month8.57%
12 Month29.31%
2 Year94.67%
3 Year-2.84%
5 Year-38.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%4.46%
ATR Inc-9.28%
Range Today1.1
ADR(20)1.41
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.31
Mansfield-0.81
10 Day High40.55
10 Day Low36.86
20 Day High40.55
20 Day Low34.43
52 Week High48.62
52 Week Low26.28
CS1 End37.07
CR1 Start37.94
Volume & EV
DER(3)-3.77%
DER(5)-2.85%
Volume3.69M
Volume Incr-40.34%
Vol(5)5.83M
Vol(50)7.55M