WAYSTAR HOLDING CORP (WAY) Technical Analysis
NASDAQ:WAY • US9467841055
Current stock price
24.65 USD
-0.1 (-0.4%)
At close:
24.7 USD
+0.05 (+0.2%)
After Hours:
WAY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WAY. WAY's overall performance in the market is below average. Also 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.
- 89% of all other stocks performed better in the past year than WAY.
- WAY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WAY is lagging the market.
- In the last month WAY has a been trading in the 23.79 - 27.91 range, which is quite wide. It is currently trading near the lows of this range.
- WAY has an average volume of 2706880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WAY is part of the Health Care Technology industry. There are 35 other stocks in this industry, WAY did better than 61% of them.
WAY Weekly and Daily overview Charts
WAY Setup Rating and Analysis
WAY has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
WAY Support and Resistance Analysis
22.19
35.60
When analyzing the support we can see 2 important areas.
- Support @24.52 from a trend line in the daily time frame.
- Support @22.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 24.83 to 25.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.77 to 27.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.69 from a trend line in the daily time frame.
- Resistance @30.44 from a trend line in the weekly time frame.
- Resistance @35.25 from a trend line in the weekly time frame.
WAY 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 WAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAY is down. |
| ChartMill Relative Strength | 11.55 | NEGATIVE | WAY has a low relative strength, it was outperformed by 88.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.7 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WAY has a positive trend. |
| Stochastics (14,3) | 21.36 | NEUTRAL | The Stochastics value for WAY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for WAY suggests a weak or negative trend. |
WAY Chart- and CandleStick Pattern Analysis
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)
WAY Technicals: Chart, Performance Metrics, Trend & Indicators
24.65
-0.1 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.4%
1 Week0.33%
2 Weeks-8.47%
1 Month-2.99%
3 Month-24.94%
6 Month-34.79%
12 Month-34.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%4.8%
ATR Inc-37.16%
Range Today0.54
ADR(20)1.16
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.55
3 months CRS13.87
6 months CRS14.92
Mansfield-3.22
10 Day High27.91
10 Day Low23.79
20 Day High27.91
20 Day Low23.79
52 Week High42.55
52 Week Low21.13
CS1 End24.52
CR1 Start24.83
Volume & EV
DER(3)1.54%
DER(5)0.62%
Volume2.82M
Volume Incr-38.34%
Vol(5)2.13M
Vol(50)2.71M
WAYSTAR HOLDING CORP / WAY TA FAQ
What is the technical rating for WAY stock?
ChartMill assigns a technical rating of 0 / 10 to WAY.
What is the current trend direction of WAYSTAR HOLDING CORP (WAY) stock?
The current trend direction for WAYSTAR HOLDING CORP (WAY) is Bearish.
Can you provide the RSI signal for WAYSTAR HOLDING CORP?
WAYSTAR HOLDING CORP (WAY) has an RSI value of 43.6985. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WAYSTAR HOLDING CORP?
The MACD indicator for WAYSTAR HOLDING CORP (WAY) has a value of 0.0201965, indicating a bearish trend.
What is the short term momentum for WAYSTAR HOLDING CORP (WAY) stock?
The short term momentum for WAYSTAR HOLDING CORP (WAY) is negative.