Weber Inc (WEBR) Technical Analysis
NYSE:WEBR • US94770D1028
Current stock price
WEBR Technical Rating and Analysis
Taking everything into account, WEBR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WEBR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- WEBR is part of the Household Durables industry. There are 60 other stocks in this industry. WEBR outperforms 71% of them.
- When compared to the yearly performance of all other stocks, WEBR outperforms 43% of them, which is more or less in line with the market.
- WEBR 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 WEBR is lagging the market slightly.
- In the last month WEBR has a been trading in a tight range between 8.05 and 8.34.
- Volume is considerably higher in the last couple of days.
WEBR Weekly and Daily overview Charts
WEBR Setup Rating and Analysis
Besides having an excellent technical rating, WEBR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.11, a Stop Loss order could be placed below this zone.
More info and screens
WEBR Support and Resistance Analysis
7.95
We found 1 important support area.
- A support zone ranging from 8.03 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.14 to 8.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
WEBR 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 WEBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEBR is up. |
| ChartMill Relative Strength | 43.55 | NEUTRAL | WEBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WEBR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WEBR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for WEBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WEBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.56 | NEUTRAL | The Stochastics value for WEBR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for WEBR suggests low volalility. |
| Average Directional Index/ADX (14) | 29.94 | POSITIVE | The high ADX value value for WEBR suggests a strong trend. |
WEBR Chart- and CandleStick Pattern Analysis
WEBR 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 |
|---|---|---|---|
| 8.18 | 8.04 | 0.14 (1.69%) | 25.00% |
| An entry @8.18. This is a Buy Stop order right above the 10 day moving average. | An exit @8.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 1.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- 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.
WEBR Technicals: Chart, Performance Metrics, Trend & Indicators
8.12
0 (0%)
Weber Inc / WEBR TA FAQ
What is the ChartMill technical rating of Weber Inc (WEBR) stock?
ChartMill assigns a technical rating of 8 / 10 to WEBR.
What is the trend direction for WEBR stock?
The current trend direction for Weber Inc (WEBR) is Bullish.
What is the RSI signal for Weber Inc (WEBR) stock?
Weber Inc (WEBR) has an RSI value of 51.029. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Weber Inc?
The MACD indicator for Weber Inc (WEBR) has a value of -0.0287961, indicating a bearish trend.
Can you provide the support and resistance levels for Weber Inc?
Weber Inc (WEBR) has a support level at 8.11 and a resistance level at 8.14. Check the full technical report for our detailed analysis of WEBR support and resistance levels.