WEYCO GROUP INC (WEYS) Stock Technical Analysis
NASDAQ:WEYS - Nasdaq - US9621491003 - Common Stock - Currency: USD
Overall WEYS gets a technical rating of 1 out of 10. WEYS 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, WEYS is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: WEYS has an average volume of 17122 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
WEYS is one of the better performing stocks in the Distributors industry, it outperforms 94% of 18 stocks in the same industry.
In the last month WEYS has a been trading in the 25.51 - 32.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WEYS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WEYS has a poor technical rating and the quality of the setup is also not perfect 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
26.93
37.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.82 to 29.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.20 to 27.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 30.63 to 31.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.03 to 34.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.81 from a horizontal line in the daily time frame.
- Resistance @35.52 from a trend line in the daily time frame.
- Resistance @37.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.82
Mansfield-0.7
10 Day High31.47
10 Day Low27.79
20 Day High32
20 Day Low25.51
52 Week High41.05
52 Week Low25.51
Performance
1 Week7.31%
2 Weeks5.7%
1 Month12%
3 Month-14.33%
6 Month-9.3%
12 Month4.58%
2 Year12.82%
3 Year9.36%
5 Year64.01%
10 Year9.32%
15 Year33.19%
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)56.07
LBB27.61
UBB30.45
30.62
+0.93 (+3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg3.13%
1 Week7.31%
2 Weeks5.7%
1 Month12%
3 Month-14.33%
6 Month-9.3%
12 Month4.58%
2 Year12.82%
3 Year9.36%
5 Year64.01%
10 Year9.32%
15 Year33.19%
Volatility
ATR(14)1.23
ATR(20)%5.08%
ATR Inc45.73%
Range Today2.05
ADR(20)1.49
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.82
Mansfield-0.7
10 Day High31.47
10 Day Low27.79
20 Day High32
20 Day Low25.51
52 Week High41.05
52 Week Low25.51
CS1 End29.02
CR1 Start30.63
Volume & EV
DER(3)-6.69%
DER(5)-4.9%
Volume126.00K
Volume Incr154.24%
Vol(5)39.84K
Vol(50)17.12K