WAYFAIR INC- CLASS A (W) Technical Analysis
NYSE:W • US94419L1017
Current stock price
W Technical Rating and Analysis
Taking everything into account, W scores 3 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month W has a been trading in the 70.25 - 83.50 range, which is quite wide. It is currently trading near the lows of this range.
- W is one of the better performing stocks in the Specialty Retail industry, it outperforms 90% of 123 stocks in the same industry.
- W has an average volume of 3728060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, W did better than 92% of all other stocks. However, W's most recent performance is quite weak.
- W is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so W is lagging the market slightly.
W Weekly and Daily overview Charts
W Setup Rating and Analysis
W has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 72.34, a Stop Loss order could be placed below this zone.
More info and screens
W Support and Resistance Analysis
71.04
When analyzing the support we notice one important area.
- A support zone ranging from 71.76 to 72.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 75.95 to 77.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @79.89 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for W is down. |
| ChartMill Relative Strength | 92.14 | POSITIVE | W has a high relative strength, it outperformed 92.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of W is below a declining 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) | 36.9 | NEUTRAL | The RSI value for W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests W has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.81 | NEUTRAL | The Stochastics value for W is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for W suggests high volalility. |
| Average Directional Index/ADX (14) | 14.87 | 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
72.35
-3.92 (-5.14%)
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 3 / 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 W stock?
WAYFAIR INC- CLASS A (W) has an RSI value of 36.9008. This indicates that the stock is currently neutral.
What is the short term momentum for W stock?
The short term momentum for WAYFAIR INC- CLASS A (W) is negative.
Can you provide the support and resistance levels for WAYFAIR INC- CLASS A?
WAYFAIR INC- CLASS A (W) has a support level at 72.34 and a resistance level at 75.95. Check the full technical report for our detailed analysis of W support and resistance levels.