WAYFAIR INC- CLASS A (W) Stock Technical Analysis
USA - NYSE:W - US94419L1017 - Common Stock
88.53 USD
+2.18 (+2.52%)
88.72 USD
+0.19 (+0.21%)
We assign a technical rating of 8 out of 10 to W. 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 part of the Specialty Retail industry. There are 122 other stocks in this industry. W outperforms 94% of them.
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 80.81 - 91.77 range, which is quite wide. It is currently trading near the high of this range.
W has an average volume of 4308050 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 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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. There is a resistance zone just above the current price starting at 89.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.07, a Stop Loss order could be placed below this zone.
More info and screens
81.34
91.07
2 important support areas can be observed.
- A support zone ranging from 86.29 to 87.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.16 to 82.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 89.61 to 90.17. 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 | 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 | 92.25 | POSITIVE | W has a high relative strength, it outperformed 92.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of W is above a declining 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) | 59.59 | NEUTRAL | The RSI value for W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.43 | NEUTRAL | The Stochastics value for W is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for W suggests some volalility. |
| Average Directional Index/ADX (14) | 29.43 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 90.18 | 86.28 | 3.90 (4.32%) | 23.12% |
| An entry @90.18. This is a Buy Stop order right above the resistance zone. | An exit @86.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.90 points, which is 4.32%. | For a 1.00% total portfolio risk, you can invest 23.12% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of W. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
88.53
+2.18 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.52%
1 Week1.97%
2 Weeks-0.87%
1 Month-1.21%
3 Month55.89%
6 Month239.85%
12 Month58.6%
2 Year107.77%
3 Year133.46%
5 Year-64.31%
10 Year109.44%
15 YearN/A
Volatility
ATR(14)4.06
ATR(20)%4.22%
ATR Inc-7.6%
Range Today3.95
ADR(20)3.58
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.25
Mansfield5.94
10 Day High90.77
10 Day Low80.81
20 Day High91.77
20 Day Low80.81
52 Week High91.77
52 Week Low20.41
CS1 End87.07
CR1 Start89.61
Volume & EV
DER(3)-0.07%
DER(5)1.54%
Volume2.38M
Volume Incr-15.65%
Vol(5)2.99M
Vol(50)4.31M