WALGREENS BOOTS ALLIANCE INC (W8A.DE) Stock Technical Analysis
FRA:W8A - Deutsche Boerse Ag - US9314271084 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to W8A. W8A scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, W8A is a bad performer in the overall market: 80% of all stocks are doing better.
W8A is part of the Consumer Staples Distribution & Retail industry. There are 23 other stocks in this industry, of which 63% are performing better than W8A.
Warning: W8A has an average volume of 1242 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
W8A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so W8A is lagging the market.
In the last month W8A has a been trading in a tight range between 9.62 and 9.99.
W8A has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.04
10.28
We found 2 important support areas.
- A support zone ranging from 9.65 to 9.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.88 to 9.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.18 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for W8A.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for W8A.DE is neutral. |
| ChartMill Relative Strength | 20.5 | NEGATIVE | W8A.DE has a low relative strength, it was outperformed by 79.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of W8A.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of W8A.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of W8A.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.91 | NEUTRAL | The RSI value for W8A.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests W8A.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.38 | NEUTRAL | The Stochastics value for W8A.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for W8A.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for W8A.DE suggests a weak or negative 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)
FRA:W8A (7/22/2025, 7:00:00 PM)
9.873
+0.07 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.77%
1 Week0.4%
2 Weeks0.77%
1 Month0.83%
3 Month2.01%
6 Month-10.97%
12 Month-6.81%
2 Year-63.81%
3 Year-74.56%
5 Year-71.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.92%
ATR Inc23.75%
Range Today0
ADR(20)0.07
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.5
Mansfield-0.41
10 Day High9.99
10 Day Low9.79
20 Day High9.99
20 Day Low9.62
52 Week High12.86
52 Week Low7.4
CS1 End9.87
CR1 Start9.88
Volume & EV
DER(3)-0.57%
DER(5)-0.93%
Volume80
Volume Incr-4.41%
Vol(5)1.11K
Vol(50)1.24K