WAYFAIR INC- CLASS A (W) Stock Technical Analysis
NYSE:W - New York Stock Exchange, Inc. - US94419L1017 - Common Stock - Currency: USD
Taking everything into account, W scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, W is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
W is one of the better performing stocks in the Specialty Retail industry, it outperforms 91% of 122 stocks in the same industry.
W is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month W has a been trading in the 47.21 - 59.51 range, which is quite wide. It is currently trading near the high of this range.
W has an average volume of 4760940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that W is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
W has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
52.83
57.67
When analyzing the support we notice one important area.
- A support zone ranging from 53.36 to 53.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @57.10 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for W is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for W is up. |
| ChartMill Relative Strength | 93.27 | POSITIVE | W has a high relative strength, it outperformed 93.27% 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) | UP | POSITIVE | The current price of W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.69 | NEUTRAL | The RSI value for W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.77 | NEUTRAL | The Stochastics value for W is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for W suggests some volalility. |
| Average Directional Index/ADX (14) | 39.73 | POSITIVE | The high ADX value value for W suggests a strong 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)
56.57
+1.19 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.15%
1 Week-3.84%
2 Weeks0.19%
1 Month17.15%
3 Month112.59%
6 Month25.74%
12 Month10.12%
2 Year-27.35%
3 Year4.93%
5 Year-78.74%
10 Year51.62%
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%4.03%
ATR Inc-4.51%
Range Today1.91
ADR(20)2.17
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.27
Mansfield1.96
10 Day High59.51
10 Day Low53.07
20 Day High59.51
20 Day Low47.21
52 Week High59.51
52 Week Low20.41
CS1 End53.52
CR1 Start57.1
Volume & EV
DER(3)-0.75%
DER(5)-0.18%
Volume4.93M
Volume Incr-4.02%
Vol(5)4.17M
Vol(50)4.76M