We assign a technical rating of 1 out of 10 to EWCZ. EWCZ'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.
Although the technical rating is bad, EWCZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.88. Right above this resistance zone may be a good entry point.
3.14
When analyzing the support we can see 5 important areas.
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 EWCZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EWCZ is neutral. |
| ChartMill Relative Strength | 14.24 | NEGATIVE | EWCZ has a low relative strength, it was outperformed by 85.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWCZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EWCZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EWCZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.32 | NEUTRAL | The RSI value for EWCZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EWCZ has a positive trend. |
| Stochastics (14,3) | 31.95 | NEUTRAL | The Stochastics value for EWCZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for EWCZ suggests high volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for EWCZ suggests a weak or negative trend. |
3.87
-0.01 (-0.26%)
ChartMill assigns a technical rating of 1 / 10 to EWCZ.
The current trend direction for EUROPEAN WAX CENTER INC-A (EWCZ) is Bearish.
EUROPEAN WAX CENTER INC-A (EWCZ) has an RSI value of 54.3186. This indicates that the stock is currently neutral.
The short term momentum for EUROPEAN WAX CENTER INC-A (EWCZ) is neutral.