WEYCO GROUP INC (WEYS)

US9621491003 - Common Stock

29.22  +0.98 (+3.47%)

After market: 29.22 0 (0%)

Technical Rating and Analysis

1

Overall WEYS gets a technical rating of 1 out of 10. WEYS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
WEYS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: WEYS has an average volume of 9466 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, WEYS turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
WEYS is an average performer in the Distributors industry, it outperforms 66% of 13 stocks in the same industry.
WEYS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WEYS is lagging the market slightly.
Weekly and Daily overview Charts
WEYS Weekly chart
WEYS Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, WEYS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 28.59, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

24.55

33.56

We found 3 important support areas.

  • A support zone ranging from 28.02 to 28.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @27.06 from a trend line in the weekly time frame.
  • A support zone ranging from 24.80 to 25.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @31.04 from a trend line in the daily time frame.
  • A resistance zone ranging from 32.74 to 33.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.8
Mansfield-0.75
10 Day High29.64
10 Day Low27.05
20 Day High31.9
20 Day Low27.05
52 Week High33.7
52 Week Low24.47
Performance
1 Week0.27%
2 Weeks0.45%
1 Month-8.34%
3 Month-9.14%
6 Month5.37%
12 Month7.66%
2 Year18.73%
3 Year48.55%
5 Year-14.84%
10 Year16.46%
15 Year6.45%
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
RSI(14)48.28
LBB27.64
UBB30.22
WEYS Daily chart

WEYCO GROUP INC

NASDAQ:WEYS (4/26/2024, 7:24:06 PM)

After market: 29.22 0 (0%)

29.22

+0.98 (+3.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg3.47%
1 Week0.27%
2 Weeks0.45%
1 Month-8.34%
3 Month-9.14%
6 Month5.37%
12 Month7.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%3.76%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.64
10 Day Low27.05
20 Day High31.9
20 Day Low27.05
52 Week High33.7
52 Week Low24.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.20K
Volume Incr10.43%
Vol(5)9.42K
Vol(50)9.47K