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.
WEN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.37, a Stop Loss order could be placed below this zone.
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8.20
When analyzing the support we notice one important area.
- A support zone ranging from 8.28 to 8.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.45 to 8.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 10.83 | NEGATIVE | WEN has a low relative strength, it was outperformed by 89.17% 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) | 48.21 | NEUTRAL | The RSI value for WEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.43 | NEUTRAL | The Stochastics value for WEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for WEN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.11 | NEGATIVE | The low ADX value for WEN suggests a weak or negative trend. |
8.38
-0.06 (-0.71%)
WENDY'S CO/THE / WEN FAQ
What is the technical rating for WEN stock?
ChartMill assigns a technical rating of 1 / 10 to WEN.
What is the current trend direction of WENDY'S CO/THE (WEN) stock?
The current trend direction for WENDY'S CO/THE (WEN) is Bearish.
Can you provide the RSI signal for WENDY'S CO/THE?
WENDY'S CO/THE (WEN) has an RSI value of 48.205. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WENDY'S CO/THE?
The short term momentum for WENDY'S CO/THE (WEN) is neutral.
What is the support and resistance level for WEN stock?
WENDY'S CO/THE (WEN) has a support level at 8.37 and a resistance level at 8.45. Check the full technical report for our detailed analysis of WEN support and resistance levels.