WAYFAIR INC- CLASS A (W) Technical Analysis
NYSE:W • US94419L1017
Current stock price
W Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to W. Although W 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- Looking at the yearly performance, W did better than 93% of all other stocks. We also observe that the gains produced by W over the past year are nicely spread over this period.
- W is one of the better performing stocks in the Specialty Retail industry, it outperforms 94% of 122 stocks in the same industry.
- In the last month W has a been trading in the 67.09 - 80.34 range, which is quite wide. It is currently trading near the high of this range.
- W has an average volume of 4008700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- W is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so W is lagging the market.
W Weekly and Daily overview Charts
W Setup Rating and Analysis
Although the technical rating is only medium, W does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 79.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for W 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
W Support and Resistance Analysis
68.85
When analyzing the support we notice one important area.
- A support zone ranging from 69.55 to 71.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.89 to 80.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
W Technical Indicator Signal Analysis
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 W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for W is neutral. |
| ChartMill Relative Strength | 93.59 | POSITIVE | W has a high relative strength, it outperformed 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of W is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.81 | NEUTRAL | The RSI value for W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests W has a positive trend. |
| Stochastics (14,3) | 69.64 | NEUTRAL | The Stochastics value for W is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for W suggests high volalility. |
| Average Directional Index/ADX (14) | 12.34 | NEGATIVE | The low ADX value for W suggests a weak or negative trend. |
W Chart- and CandleStick Pattern Analysis
W Technicals: Chart, Performance Metrics, Trend & Indicators
77.31
+0.39 (+0.51%)
WAYFAIR INC- CLASS A / W TA FAQ
Can you provide the ChartMill technical rating for WAYFAIR INC- CLASS A?
ChartMill assigns a technical rating of 5 / 10 to W.
What is the current trend direction of WAYFAIR INC- CLASS A (W) stock?
The current trend direction for WAYFAIR INC- CLASS A (W) is Bearish.
What is the RSI signal for WAYFAIR INC- CLASS A (W) stock?
WAYFAIR INC- CLASS A (W) has an RSI value of 52.8114. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WAYFAIR INC- CLASS A?
The MACD indicator for WAYFAIR INC- CLASS A (W) has a value of 0.91896, indicating a bearish trend.
Can you provide the support and resistance levels for WAYFAIR INC- CLASS A?
WAYFAIR INC- CLASS A (W) has a support level at 71.5 and a resistance level at 79.89. Check the full technical report for our detailed analysis of W support and resistance levels.