GUIDEWIRE SOFTWARE INC (GWRE) Stock Technical Analysis
NYSE:GWRE - New York Stock Exchange, Inc. - US40171V1008 - Common Stock - Currency: USD
Taking everything into account, GWRE scores 8 out of 10 in our technical rating. In the last year, GWRE was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month GWRE has a been trading in the 211.00 - 229.97 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that GWRE is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by GWRE over the past year are nicely spread over this period.
GWRE is one of the better performing stocks in the Software industry, it outperforms 76% of 282 stocks in the same industry.
GWRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GWRE is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although GWRE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
168.98
229.49
We found 2 important support areas.
- A support zone ranging from 217.42 to 217.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @170.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 221.88 to 227.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GWRE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GWRE is neutral. |
| ChartMill Relative Strength | 83.43 | POSITIVE | GWRE has a high relative strength, it outperformed 83.43% 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) | UP | MIXED | The current price of GWRE is below the rising 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) | 38.11 | NEUTRAL | The RSI value for GWRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests GWRE has a negative trend. |
| Stochastics (14,3) | 45.73 | NEUTRAL | The Stochastics value for GWRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for GWRE 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)
217.43
-8.14 (-3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.61%
1 Week-3.89%
2 Weeks-2.83%
1 Month-3.42%
3 Month1.81%
6 Month1.83%
12 Month48.23%
2 Year151.57%
3 Year203.21%
5 Year93.6%
10 Year288.89%
15 YearN/A
Volatility
ATR(14)5.44
ATR(20)%2.3%
ATR Inc116.54%
Range Today15.75
ADR(20)4.83
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.43
Mansfield0.27
10 Day High229.98
10 Day Low211
20 Day High229.98
20 Day Low211
52 Week High263.2
52 Week Low142.94
CS1 End217.42
CR1 Start221.88
Volume & EV
DER(3)-0.78%
DER(5)0.78%
Volume925.12K
Volume Incr-7.8%
Vol(5)570.86K
Vol(50)891.69K