WEYCO GROUP INC (WEYS) Stock Technical Analysis
USA - NASDAQ:WEYS - US9621491003 - Common Stock
29 USD
-0.35 (-1.19%)
29 USD
0 (0%)
Overall WEYS gets a technical rating of 0 out of 10. WEYS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
79% of all other stocks performed better in the past year than WEYS.
WEYS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: WEYS has an average volume of 11886 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 71% of 22 stocks in the same industry.
In the last month WEYS has a been trading in the 27.73 - 30.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
26.93
33.95
We found 2 important support areas.
- 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 29.20 to 29.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.85 to 31.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.61 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for WEYS is neutral. |
| ChartMill Relative Strength | 21.72 | NEGATIVE | WEYS has a low relative strength, it was outperformed by 78.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEYS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEYS is below 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) | 44.63 | NEUTRAL | The RSI value for WEYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests WEYS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.36 | NEUTRAL | The Stochastics value for WEYS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for WEYS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.94 | 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)
29
-0.35 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-1.19%
1 Week-3.01%
2 Weeks-0.34%
1 Month-4.92%
3 Month1.75%
6 Month-5.29%
12 Month-14.1%
2 Year0.28%
3 Year12.27%
5 Year83.08%
10 Year2.15%
15 Year16.23%
Volatility
ATR(14)0.66
ATR(20)%2.72%
ATR Inc-10.98%
Range Today0.76
ADR(20)0.78
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.72
3 months CRS39.83
6 months CRS18.92
Mansfield-2.12
10 Day High30.21
10 Day Low28.4
20 Day High30.77
20 Day Low27.73
52 Week High41.05
52 Week Low25.51
CS1 End28.05
CR1 Start29.2
Volume & EV
DER(3)-1.48%
DER(5)-0.23%
Volume10.00K
Volume Incr-35.09%
Vol(5)7.02K
Vol(50)11.89K
WEYCO GROUP INC / WEYS FAQ
What is the technical rating for WEYS stock?
ChartMill assigns a technical rating of 0 / 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 44.6326. 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 0.0677843, indicating a bearish trend.