Web.com Group, Inc. (WEB) Technical Analysis
NASDAQ:WEB • US94733A1043
Current stock price
WEB Technical Rating and Analysis
Taking everything into account, WEB scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WEB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- WEB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WEB is leading the market.
- Looking at the yearly performance, WEB did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month WEB has a been trading in a tight range between 27.85 and 28.01.
- Volume is considerably higher in the last couple of days.
WEB Weekly and Daily overview Charts
WEB Setup Rating and Analysis
WEB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WEB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
WEB Support and Resistance Analysis
17.32
We found 2 important support areas.
- A support zone ranging from 27.81 to 27.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.04 to 28.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
WEB Technical Indicator Signal Analysis
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 WEB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEB is up. |
| ChartMill Relative Strength | 85.93 | POSITIVE | WEB has a high relative strength, it outperformed 85.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.91 | NEUTRAL | The RSI value for WEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.61 | OVERBOUGHT | The high Stochastics value suggests WEB may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for WEB suggests low volalility. |
WEB Chart- and CandleStick Pattern Analysis
WEB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.02 | 27.89 | 0.13 (0.46%) | 25.00% |
| An entry @28.02. This is a Buy Stop order right above the 10 day high. | An exit @27.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 0.46%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WEB Technicals: Chart, Performance Metrics, Trend & Indicators
27.99
0 (0%)
Web.com Group, Inc. / WEB TA FAQ
What is the ChartMill technical rating of Web.com Group, Inc. (WEB) stock?
ChartMill assigns a technical rating of 7 / 10 to WEB.
What is the current trend direction of Web.com Group, Inc. (WEB) stock?
The current trend direction for Web.com Group, Inc. (WEB) is Bullish.
What is the RSI signal for Web.com Group, Inc. (WEB) stock?
Web.com Group, Inc. (WEB) has an RSI value of 65.9082. This indicates that the stock is currently neutral.
What is the buy/sell signal for WEB stock?
The buy/sell signal for Web.com Group, Inc. (WEB) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WEB stock?
Web.com Group, Inc. (WEB) has a support level at 27.96 and a resistance level at 28.04. Check the full technical report for our detailed analysis of WEB support and resistance levels.