35.21 USD
+0.24 (+0.69%)
35.21 USD
0 (0%)
Taking everything into account, WAY scores 1 out of 10 in our technical rating. 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.
WAY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WAY is one of the better performing stocks in the Health Care Technology industry, it outperforms 76% of 35 stocks in the same industry.
WAY has an average volume of 2218970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, WAY turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
In the last month WAY has a been trading in the 33.86 - 37.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WAY does present a nice setup opportunity. Prices have been consolidating lately. 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
40.03
When analyzing the support we can see 2 important 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.
- A support zone ranging from 33.90 to 33.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 35.86 to 36.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 38.64 to 39.63. 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 | DOWN | NEGATIVE | The short term trend for WAY is down. |
| ChartMill Relative Strength | 60.29 | NEUTRAL | WAY is not amongst the best or worst performers 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) | 42.85 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.11 | NEUTRAL | The Stochastics value for WAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for WAY 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)
35.21
+0.24 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.69%
1 Week-4.79%
2 Weeks0.98%
1 Month-6.08%
3 Month-5.53%
6 Month-14.46%
12 Month13.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%3.28%
ATR Inc28.03%
Range Today0.86
ADR(20)1.14
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.29
3 months CRS26.83
6 months CRS16.14
Mansfield-1.7
10 Day High37.51
10 Day Low34.1
20 Day High37.51
20 Day Low33.86
52 Week High48.11
52 Week Low30.75
CS1 End34.93
CR1 Start35.86
Volume & EV
DER(3)-0.41%
DER(5)-0.14%
Volume2.00M
Volume Incr-22.62%
Vol(5)1.62M
Vol(50)2.22M
WAYSTAR HOLDING CORP / WAY FAQ
What is the technical rating for WAY stock?
ChartMill assigns a technical rating of 1 / 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 42.8542. 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.