WEYCO GROUP INC (WEYS) Stock Technical Analysis
USA - NASDAQ:WEYS - US9621491003 - Common Stock
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.
WEYS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.94, a Stop Loss order could be placed below this zone.
More info and screens
26.93
3 important support areas can be observed.
- A support zone ranging from 29.79 to 29.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.05 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 30.85 to 30.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 31.46 to 31.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 33.61 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 | DOWN | NEGATIVE | The long term trend for WEYS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEYS is up. |
| ChartMill Relative Strength | 20.38 | NEGATIVE | WEYS has a low relative strength, it was outperformed by 79.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WEYS is above a declining 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 | NEGATIVE | The current price of WEYS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.76 | NEUTRAL | The RSI value for WEYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests WEYS has a positive trend. |
| Stochastics (14,3) | 83.8 | OVERBOUGHT | The high Stochastics value suggests WEYS may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for WEYS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.83 | NEGATIVE | The low ADX value for WEYS suggests a weak or negative trend. |
NASDAQ:WEYS (10/24/2025, 8:02:04 PM)
29.99
+0.13 (+0.44%)
WEYCO GROUP INC / WEYS FAQ
What is the technical rating for WEYS stock?
ChartMill assigns a technical rating of 1 / 10 to WEYS.
What is the current trend direction of WEYCO GROUP INC (WEYS) stock?
The current trend direction for WEYCO GROUP INC (WEYS) is Bearish.
What is the RSI signal for WEYS stock?
WEYCO GROUP INC (WEYS) has an RSI value of 54.757. This indicates that the stock is currently neutral.
What is the MACD signal for WEYCO GROUP INC (WEYS) stock?
The MACD indicator for WEYCO GROUP INC (WEYS) has a value of 0.162672, indicating a bearish trend.
What is the buy/sell signal for WEYCO GROUP INC (WEYS) stock?
The buy/sell signal for WEYCO GROUP INC (WEYS) is hold as the short term and long term trends are mixed.