WEYCO GROUP INC (WEYS) Stock Technical Analysis
NASDAQ:WEYS - Nasdaq - US9621491003 - Common Stock - Currency: USD
Taking everything into account, WEYS scores 4 out of 10 in our technical rating. In the last year, WEYS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, WEYS is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: WEYS has an average volume of 12662 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
WEYS is an average performer in the Distributors industry, it outperforms 68% of 20 stocks in the same industry.
WEYS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEYS is lagging the market.
In the last month WEYS has a been trading in the 28.00 - 33.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WEYS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.93
34.37
4 important support areas can be observed.
- A support zone ranging from 30.82 to 31.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.61 from a trend line in the daily time frame.
- A support zone ranging from 27.77 to 28.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.20 to 27.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.85 to 34.03. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for WEYS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEYS is neutral. |
| ChartMill Relative Strength | 25.84 | NEGATIVE | WEYS has a low relative strength, it was outperformed by 74.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEYS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.83 | NEUTRAL | The RSI value for WEYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests WEYS has a positive trend. |
| Stochastics (14,3) | 54.35 | NEUTRAL | The Stochastics value for WEYS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for WEYS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.9 | NEGATIVE | The low ADX value for WEYS 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)
31.89
+1.63 (+5.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg5.39%
1 Week8.51%
2 Weeks2.21%
1 Month0.38%
3 Month-4.03%
6 Month-12.1%
12 Month-4.41%
2 Year24.81%
3 Year24.57%
5 Year77.17%
10 Year18.33%
15 Year36.11%
Volatility
ATR(14)1.2
ATR(20)%3.58%
ATR Inc77.39%
Range Today2.84
ADR(20)1.1
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.84
Mansfield-1.23
10 Day High32.11
10 Day Low28
20 Day High33.33
20 Day Low28
52 Week High41.05
52 Week Low25.51
CS1 End31.64
CR1 Start32.85
Volume & EV
DER(3)5.07%
DER(5)3.89%
Volume11.20K
Volume Incr13.92%
Vol(5)11.54K
Vol(50)12.66K