WENDY'S CO/THE (WEN) Stock Technical Analysis
NASDAQ:WEN - Nasdaq - US95058W1009 - Common Stock - Currency: USD
Taking everything into account, WEN scores 1 out of 10 in our technical rating. WEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, WEN is a bad performer in the overall market: 88% of all stocks are doing better.
WEN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 82% of 134 stocks in the same industry do better.
WEN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WEN is lagging the market.
In the last month WEN has a been trading in the 10.91 - 12.04 range, which is quite wide. It is currently trading near the high of this range.
WEN has an average volume of 5500750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of WEN is bad and it also does not present a quality setup 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.
More info and screens
10.99
20.13
We found 1 important support area.
- A support zone ranging from 11.10 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.02 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.32 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.08 from a trend line in the weekly time frame.
- Resistance @19.93 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for WEN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEN is neutral. |
| ChartMill Relative Strength | 12.12 | NEGATIVE | WEN has a low relative strength, it was outperformed by 87.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.57 | NEUTRAL | The RSI value for WEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests WEN has a positive trend. |
| Stochastics (14,3) | 55.38 | NEUTRAL | The Stochastics value for WEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for WEN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for WEN 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)
12.01
+0.68 (+6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg6%
1 Week5.07%
2 Weeks2.83%
1 Month3.36%
3 Month-21.3%
6 Month-27.87%
12 Month-27.95%
2 Year-44.78%
3 Year-36.39%
5 Year-44.86%
10 Year6.47%
15 Year200.25%
Volatility
ATR(14)0.38
ATR(20)%2.97%
ATR Inc27.64%
Range Today0.62
ADR(20)0.35
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.12
Mansfield-2.63
10 Day High12.04
10 Day Low10.91
20 Day High12.04
20 Day Low10.91
52 Week High20.6
52 Week Low10.91
CS1 End11.17
CR1 Start12.02
Volume & EV
DER(3)4.92%
DER(5)4.38%
Volume14.06M
Volume Incr74.55%
Vol(5)8.81M
Vol(50)5.50M