WALDENCAST PLC-A (WALD) Stock Technical Analysis
NASDAQ:WALD - Nasdaq - JE00BPG99318 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WALD. WALD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than WALD.
WALD is one of the lesser performing stocks in the Personal Care Products industry. 91% of 35 stocks in the same industry do better.
WALD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WALD has a been trading in the 1.68 - 2.71 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of WALD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.72
2.85
3 important resistance areas can be observed.
- A resistance zone ranging from 2.24 to 2.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.61 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.82 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 | DOWN | NEGATIVE | The long term trend for WALD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WALD is down. |
| ChartMill Relative Strength | 4.63 | NEGATIVE | WALD has a low relative strength, it was outperformed by 95.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WALD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WALD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WALD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.7 | NEUTRAL | The RSI value for WALD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WALD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.31 | OVERSOLD | The low Stochastics value suggests WALD may be oversold. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for WALD suggests high volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for WALD suggests a possible start of a new 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)
1.74
-0.08 (-4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-4.4%
1 Week-15.53%
2 Weeks-28.4%
1 Month-34.83%
3 Month-38.3%
6 Month-50.85%
12 Month-36.5%
2 Year-77.89%
3 Year-79.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%9.07%
ATR Inc17.55%
Range Today0.11
ADR(20)0.15
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.63
Mansfield-4.68
10 Day High2.56
10 Day Low1.68
20 Day High2.72
20 Day Low1.68
52 Week High4.74
52 Week Low1.68
CS1 EndN/A
CR1 Start2.24
Volume & EV
DER(3)-3.9%
DER(5)0.27%
Volume119.10K
Volume Incr63.62%
Vol(5)141.56K
Vol(50)143.98K