WAYSTAR HOLDING CORP (WAY) Stock Technical Analysis
USA - NASDAQ:WAY - US9467841055 - Common Stock
38.64 USD
+0.43 (+1.13%)
39 USD
+0.36 (+0.93%)
Overall WAY gets a technical rating of 6 out of 10. In the past year, WAY was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, we notice that WAY is one of the better performing stocks in the market, outperforming 80% of all stocks.
WAY is part of the Health Care Technology industry. There are 35 other stocks in this industry. WAY outperforms 76% of them.
WAY has an average volume of 2801080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
WAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAY is lagging the market.
In the last month WAY has a been trading in the 36.11 - 41.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WAY has an average technical rating and also the quality of the setup is only medium 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
33.56
41.58
We found 3 important support areas.
- A support zone ranging from 37.49 to 38.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.58 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.90 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @40.32 from a trend line in the daily time frame.
- A resistance zone ranging from 41.03 to 41.17. 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 | NEUTRAL | NEUTRAL | The long term trend for WAY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WAY is neutral. |
| ChartMill Relative Strength | 80.81 | POSITIVE | WAY has a high relative strength, it outperformed 80.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.48 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.83 | NEUTRAL | The Stochastics value for WAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for WAY 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)
38.64
+0.43 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.13%
1 Week2.88%
2 Weeks2.22%
1 Month3.68%
3 Month-1.78%
6 Month10.62%
12 Month42.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%3.23%
ATR Inc22.78%
Range Today1.09
ADR(20)1.1
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.81
Mansfield-0.6
10 Day High39.12
10 Day Low36.11
20 Day High41.47
20 Day Low36.11
52 Week High48.11
52 Week Low26.85
CS1 End38.25
CR1 Start40.32
Volume & EV
DER(3)-3.16%
DER(5)-2.84%
Volume2.71M
Volume Incr-36.45%
Vol(5)2.65M
Vol(50)2.80M