WENDY'S CO/THE (WEN) Technical Analysis
NASDAQ:WEN • US95058W1009
Current stock price
7.14 USD
+0.21 (+3.03%)
At close:
7.14 USD
0 (0%)
After Hours:
WEN Technical Rating and Analysis
Overall WEN gets a technical rating of 1 out of 10. WEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, WEN is a bad performer in the overall market: 90% of all stocks are doing better.
- WEN is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 82% are performing better than WEN.
- WEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- WEN has an average volume of 9096980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WEN has a been trading in the 6.63 - 7.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WEN Weekly and Daily overview Charts
WEN Setup Rating and Analysis
Although the technical rating is bad, WEN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.15. Right above this resistance zone may be a good entry point.
More info and screens
WEN Support and Resistance Analysis
6.62
8.65
We found 1 important support area.
- A support zone ranging from 6.69 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.15 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.35 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.68 from a trend line in the daily time frame.
- Resistance @8.56 from a horizontal line in the daily time frame.
WEN 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 | 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 | 10.25 | NEGATIVE | WEN has a low relative strength, it was outperformed by 89.75% 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) | 52.88 | NEUTRAL | The RSI value for WEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WEN has a positive trend. |
| Stochastics (14,3) | 61.84 | NEUTRAL | The Stochastics value for WEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for WEN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for WEN suggests a weak or negative trend. |
WEN Chart- and CandleStick Pattern Analysis
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)
WEN Technicals: Chart, Performance Metrics, Trend & Indicators
7.14
+0.21 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.03%
1 Week2.73%
2 Weeks3.63%
1 Month2.15%
3 Month-15.2%
6 Month-20.49%
12 Month-44.13%
2 Year-64.28%
3 Year-67.69%
5 Year-68.37%
10 Year-34.25%
15 Year48.13%
Volatility
ATR(14)0.25
ATR(20)%3.4%
ATR Inc19.56%
Range Today0.25
ADR(20)0.24
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.25
3 months CRS19.4
6 months CRS20.68
Mansfield-3.04
10 Day High7.32
10 Day Low6.63
20 Day High7.32
20 Day Low6.63
52 Week High13.06
52 Week Low6.63
CS1 End6.79
CR1 Start7.15
Volume & EV
DER(3)-0.42%
DER(5)1.15%
Volume7.56M
Volume Incr1.86%
Vol(5)7.71M
Vol(50)9.10M
WENDY'S CO/THE / WEN TA FAQ
What is the technical rating for WEN stock?
ChartMill assigns a technical rating of 1 / 10 to WEN.
Can you provide the trend direction for WENDY'S CO/THE?
The current trend direction for WENDY'S CO/THE (WEN) is Bearish.
What is the RSI signal for WEN stock?
WENDY'S CO/THE (WEN) has an RSI value of 52.8788. This indicates that the stock is currently neutral.
What is the short term momentum for WEN stock?
The short term momentum for WENDY'S CO/THE (WEN) is neutral.