WAYSTAR HOLDING CORP (WAY) Stock Technical Analysis
USA - NASDAQ:WAY - US9467841055 - Common Stock
36.22 USD
+0.42 (+1.17%)
36.22 USD
0 (0%)
Overall WAY gets a technical rating of 2 out of 10. WAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month WAY has a been trading in the 35.35 - 40.35 range, which is quite wide. It is currently trading near the lows of this range.
WAY is one of the better performing stocks in the Health Care Technology industry, it outperforms 73% of 35 stocks in the same industry.
WAY has an average volume of 3108900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that WAY is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WAY is currently trading in the middle 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 slightly.
WAY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.93, a Stop Loss order could be placed below this zone.
More info and screens
33.56
41.58
We found 2 important support areas.
- 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 3 important resistance areas.
- A resistance zone ranging from 37.08 to 37.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.98 to 39.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.03 to 41.17. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for WAY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAY is down. |
| ChartMill Relative Strength | 72.37 | POSITIVE | WAY has a high relative strength, it outperformed 72.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WAY is below the rising 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) | 43.4 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests WAY has a negative trend. |
| Stochastics (14,3) | 13.08 | OVERSOLD | The low Stochastics value suggests WAY may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.58 | 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)
36.22
+0.42 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.17%
1 Week1.03%
2 Weeks-7.06%
1 Month1.46%
3 Month4.71%
6 Month-9.47%
12 Month14.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%3.42%
ATR Inc-26.23%
Range Today0.92
ADR(20)1.18
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.37
3 months CRS64.56
6 months CRS17.58
Mansfield-1.29
10 Day High40.35
10 Day Low35.35
20 Day High40.35
20 Day Low35.35
52 Week High48.11
52 Week Low29.29
CS1 End34.93
CR1 Start37.08
Volume & EV
DER(3)1.11%
DER(5)0.84%
Volume1.97M
Volume Incr-13.27%
Vol(5)2.10M
Vol(50)3.11M
WAYSTAR HOLDING CORP / WAY FAQ
What is the technical rating for WAY stock?
ChartMill assigns a technical rating of 2 / 10 to WAY.
What is the trend direction for 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 43.3974. This indicates that the stock is currently neutral.
What is the short term momentum for WAYSTAR HOLDING CORP (WAY) stock?
The short term momentum for WAYSTAR HOLDING CORP (WAY) is negative.