WEYCO GROUP INC (WEYS) Stock Technical Analysis
NASDAQ:WEYS • US9621491003
Taking everything into account, WEYS scores 3 out of 10 in our technical rating. In the last year, WEYS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, WEYS is a bad performer in the overall market: 68% of all stocks are doing better.
- Warning: WEYS has an average volume of 9850 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- WEYS is part of the Distributors industry. There are 23 other stocks in this industry. WEYS outperforms 81% of them.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 29.91 - 33.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WEYS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 31.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WEYS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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26.93
5 important support areas can be observed.
- Support @32.35 from a trend line in the weekly time frame.
- A support zone ranging from 31.14 to 31.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.91 to 30.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.50 from a horizontal line in the daily time frame.
- 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 3 important areas.
- Resistance @32.87 from a trend line in the daily time frame.
- A resistance zone ranging from 33.57 to 34.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.77 to 34.77. 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 | 32.33 | NEUTRAL | WEYS is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WEYS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WEYS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for WEYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WEYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.01 | OVERSOLD | The low Stochastics value suggests WEYS may be oversold. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for WEYS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.09 | NEGATIVE | The low ADX value for WEYS suggests a weak or negative trend. |
NASDAQ:WEYS (2/26/2026, 3:49:25 PM)
32.48
+0.58 (+1.82%)
WEYCO GROUP INC / WEYS FAQ
What is the technical rating for WEYS stock?
ChartMill assigns a technical rating of 3 / 10 to WEYS.
What is the trend direction for WEYS stock?
The current trend direction for WEYCO GROUP INC (WEYS) is Bearish.
Can you provide the RSI signal for WEYCO GROUP INC?
WEYCO GROUP INC (WEYS) has an RSI value of 53.0388. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEYCO GROUP INC?
The short term momentum for WEYCO GROUP INC (WEYS) is neutral.
Can you provide the support and resistance levels for WEYCO GROUP INC?
WEYCO GROUP INC (WEYS) has a support level at 31.71 and a resistance level at 32.35. Check the full technical report for our detailed analysis of WEYS support and resistance levels.