GUIDEWIRE SOFTWARE INC (GWRE) Stock Technical Analysis
USA - NYSE:GWRE - US40171V1008 - Common Stock
Overall GWRE gets a technical rating of 3 out of 10. Although GWRE 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.
GWRE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
205.78
3 important support areas can be observed.
- Support @216.37 from a trend line in the daily time frame.
- Support @211.42 from a horizontal line in the weekly time frame.
- A support zone ranging from 207.86 to 208.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @246.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 250.55 to 257.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GWRE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWRE is down. |
| ChartMill Relative Strength | 73.08 | POSITIVE | GWRE has a high relative strength, it outperformed 73.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GWRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for GWRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.51 | NEGATIVE | The MACD value suggests GWRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.19 | OVERSOLD | The low Stochastics value suggests GWRE may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for GWRE suggests a strong trend. |
222.51
+4.25 (+1.95%)
GUIDEWIRE SOFTWARE INC / GWRE FAQ
Can you provide the ChartMill technical rating for GUIDEWIRE SOFTWARE INC?
ChartMill assigns a technical rating of 3 / 10 to GWRE.
What is the trend direction for GWRE stock?
The current trend direction for GUIDEWIRE SOFTWARE INC (GWRE) is Bearish.
What is the RSI signal for GWRE stock?
GUIDEWIRE SOFTWARE INC (GWRE) has an RSI value of 40.4961. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GUIDEWIRE SOFTWARE INC?
The MACD indicator for GUIDEWIRE SOFTWARE INC (GWRE) has a value of -1.5145, indicating a bearish trend.
What is the short term momentum for GUIDEWIRE SOFTWARE INC (GWRE) stock?
The short term momentum for GUIDEWIRE SOFTWARE INC (GWRE) is negative.