EUROPEAN WAX CENTER INC-A (EWCZ) Stock Technical Analysis
NASDAQ:EWCZ - US29882P1066 - Common Stock
4.29 USD
+0.03 (+0.7%)
4.29 USD
0 (0%)
We assign a technical rating of 1 out of 10 to EWCZ. EWCZ 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 negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than EWCZ.
EWCZ is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 73% are performing better than EWCZ.
EWCZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EWCZ has a been trading in the 4.08 - 5.12 range, which is quite wide. It is currently trading near the lows of this range.
EWCZ 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 4.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EWCZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.12
5.61
We found 1 important support area.
- A support zone ranging from 4.16 to 4.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @4.59 from a trend line in the daily time frame.
- A resistance zone ranging from 4.71 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.55 from a trend 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 | 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 | 6.62 | NEGATIVE | EWCZ has a low relative strength, it was outperformed by 93.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EWCZ is below the rising 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) | 41.76 | NEUTRAL | The RSI value for EWCZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EWCZ has a negative trend. |
| Stochastics (14,3) | 12.7 | OVERSOLD | The low Stochastics value suggests EWCZ may be oversold. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for EWCZ suggests high volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for EWCZ 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)
4.29
+0.03 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.7%
1 Week-5.51%
2 Weeks-7.34%
1 Month2.63%
3 Month-26.42%
6 Month-22.7%
12 Month-37.74%
2 Year-73.52%
3 Year-76.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%6.36%
ATR Inc-54.4%
Range Today0.17
ADR(20)0.26
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.62
Mansfield-2.92
10 Day High4.8
10 Day Low4.13
20 Day High5.12
20 Day Low4.08
52 Week High8.91
52 Week Low2.72
CS1 End4.16
CR1 Start4.59
Volume & EV
DER(3)-1.18%
DER(5)4.19%
Volume370.10K
Volume Incr-29.82%
Vol(5)358.76K
Vol(50)468.61K