EUROPEAN WAX CENTER INC-A (EWCZ) Stock Technical Analysis
NASDAQ:EWCZ - Nasdaq - US29882P1066 - Common Stock - Currency: USD
Overall EWCZ gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EWCZ is a bad performer in the overall market: 82% of all stocks are doing better.
EWCZ 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 EWCZ is lagging the market.
In the last month EWCZ has a been trading in the 4.20 - 5.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EWCZ is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, EWCZ did better than 42% of them.
The technical rating of EWCZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.18
6.42
We can see 3 important resistance areas.
- Resistance @4.92 from a trend line in the daily time frame.
- A resistance zone ranging from 5.03 to 5.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.36 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for EWCZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EWCZ is down. |
| ChartMill Relative Strength | 18.42 | NEGATIVE | EWCZ has a low relative strength, it was outperformed by 81.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWCZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EWCZ is below 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) | 26.95 | OVERSOLD | The low RSI value suggests EWCZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EWCZ has a negative trend. |
| Stochastics (14,3) | 8.71 | OVERSOLD | The low Stochastics value suggests EWCZ may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for EWCZ suggests some volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for EWCZ suggests a strong 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)
4.22
-0.46 (-9.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-9.83%
1 Week-17.9%
2 Weeks-13.88%
1 Month-27.24%
3 Month25.6%
6 Month-37.48%
12 Month-48.03%
2 Year-75.69%
3 Year-80.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.85%
ATR Inc69.01%
Range Today0.38
ADR(20)0.2
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-3.15
10 Day High5.16
10 Day Low4.2
20 Day High5.75
20 Day Low4.2
52 Week High8.91
52 Week Low2.72
CS1 EndN/A
CR1 Start4.92
Volume & EV
DER(3)-6.2%
DER(5)-7.51%
Volume468.00K
Volume Incr-15.74%
Vol(5)385.02K
Vol(50)549.68K