USA - NASDAQ:WAY - US9467841055 - Common Stock
Taking everything into account, WAY scores 8 out of 10 in our technical rating. In the last year, WAY was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although WAY has an excellent technical rating, it does not present a decent entry opportunity 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.
33.56
We found 3 important support areas.
We can see 3 important resistance areas.
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 | 82.31 | POSITIVE | WAY has a high relative strength, it outperformed 82.31% 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) | UP | MIXED | The current price of WAY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WAY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.86 | NEUTRAL | The RSI value for WAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests WAY has a positive trend. |
| Stochastics (14,3) | 87.44 | OVERBOUGHT | The high Stochastics value suggests WAY may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for WAY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for WAY suggests a possible start of a new trend. |
37.06
-2.56 (-6.46%)
ChartMill assigns a technical rating of 8 / 10 to WAY.
The current trend direction for WAYSTAR HOLDING CORP (WAY) is Bullish.
WAYSTAR HOLDING CORP (WAY) has an RSI value of 64.864. This indicates that the stock is currently neutral.
The short term momentum for WAYSTAR HOLDING CORP (WAY) is positive.
The buy/sell signal for WAYSTAR HOLDING CORP (WAY) is buy as both the short term and long term trends are positive.