GUIDEWIRE SOFTWARE INC (GWRE) Stock Technical Analysis
NYSE:GWRE - US40171V1008 - Common Stock
217.02 USD
-1.69 (-0.77%)
217.02 USD
0 (0%)
Overall GWRE gets a technical rating of 5 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.
Looking at the yearly performance, GWRE did better than 82% of all other stocks. We also observe that the gains produced by GWRE over the past year are nicely spread over this period.
GWRE is part of the Software industry. There are 280 other stocks in this industry. GWRE outperforms 75% of them.
In the last month GWRE has a been trading in the 205.63 - 226.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
Although the technical rating is only medium, GWRE 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 217.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 214.96, a Stop Loss order could be placed below this zone.
More info and screens
168.98
220.94
We found 3 important support areas.
- A support zone ranging from 211.42 to 214.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Support @170.69 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 217.03 to 218.75. 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 | NEUTRAL | NEUTRAL | The long term trend for GWRE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GWRE is neutral. |
| ChartMill Relative Strength | 82.53 | POSITIVE | GWRE has a high relative strength, it outperformed 82.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GWRE is above 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) | 49.56 | NEUTRAL | The RSI value for GWRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests GWRE has a positive trend. |
| Stochastics (14,3) | 81.56 | OVERBOUGHT | The high Stochastics value suggests GWRE may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.71 | NEUTRAL | The ADX value for GWRE suggests a possible start of a new 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)
217.02
-1.69 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.77%
1 Week1.42%
2 Weeks2.64%
1 Month-2.63%
3 Month0.93%
6 Month7.8%
12 Month45.88%
2 Year151.09%
3 Year202.64%
5 Year93.23%
10 Year288.16%
15 YearN/A
Volatility
ATR(14)4.39
ATR(20)%2.31%
ATR Inc-9.24%
Range Today3.6
ADR(20)4.84
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.53
Mansfield-0.07
10 Day High221.11
10 Day Low210.17
20 Day High226.95
20 Day Low205.63
52 Week High263.2
52 Week Low142.94
CS1 End214.96
CR1 Start217.03
Volume & EV
DER(3)-1.16%
DER(5)-2.04%
Volume558.30K
Volume Incr-6.04%
Vol(5)559.36K
Vol(50)692.28K