WAYSTAR HOLDING CORP (WAY) Stock Technical Analysis
NASDAQ:WAY - Nasdaq - US9467841055 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to WAY. Although WAY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, WAY is a bad performer in the overall market: 100% of all stocks are doing better.
WAY is one of the lesser performing stocks in the Health Care Technology industry. 85% of 36 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
WAY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WAY is performing more or less in line with the market.
WAY has an average volume of 1759230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WAY has a been trading in the 37.23 - 42.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WAY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 39.64, 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
34.57
40.30
We found 4 important support areas.
- A support zone ranging from 38.17 to 39.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.22 from a trend line in the daily time frame.
- Support @35.95 from a horizontal line in the daily time frame.
- A support zone ranging from 34.92 to 34.92. 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 | UP | POSITIVE | The long term trend for WAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WAY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WAY is above a declining 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) | 55.46 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.16 | NEUTRAL | The Stochastics value for WAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.22 | 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)
NASDAQ:WAY (6/4/2025, 10:23:23 AM)
39.9
+0.12 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.3%
1 Week1.74%
2 Weeks0.53%
1 Month-2.92%
3 Month6.31%
6 Month28.65%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%3.45%
ATR Inc-9.73%
Range Today0.58
ADR(20)1.33
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High40.7
10 Day Low37.24
20 Day High42.55
20 Day Low37.24
52 Week High48.11
52 Week Low20.26
CS1 End39.64
CR1 StartN/A
Volume & EV
DER(3)1.7%
DER(5)-0.26%
Volume144.26K
Volume Incr-34.43%
Vol(5)1.40M
Vol(50)1.76M