WINNEBAGO INDUSTRIES (WGO) Stock Technical Analysis
NYSE:WGO • US9746371007
We assign a technical rating of 2 out of 10 to WGO. WGO 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.
- In the last month WGO has a been trading in the 39.45 - 50.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- WGO is one of the better performing stocks in the Automobiles industry, it outperforms 79% of 35 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, WGO outperforms 52% of them, which is more or less in line with the market.
- WGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WGO is lagging the market.
The technical rating of WGO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.32
We found 3 important support areas.
- A support zone ranging from 39.88 to 39.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.46 from a trend line in the daily time frame.
- Support @29.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.43 to 46.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @48.22 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for WGO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGO is down. |
| ChartMill Relative Strength | 52.14 | NEUTRAL | WGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WGO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.24 | OVERSOLD | The low RSI value suggests WGO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests WGO has a negative trend. |
| Stochastics (14,3) | 5.8 | OVERSOLD | The low Stochastics value suggests WGO may be oversold. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for WGO suggests a possible start of a new trend. |
39.89
-1.83 (-4.39%)
WINNEBAGO INDUSTRIES / WGO FAQ
Can you provide the ChartMill technical rating for WINNEBAGO INDUSTRIES?
ChartMill assigns a technical rating of 2 / 10 to WGO.
What is the trend direction for WGO stock?
The current trend direction for WINNEBAGO INDUSTRIES (WGO) is Bearish.
What is the RSI signal for WINNEBAGO INDUSTRIES (WGO) stock?
WINNEBAGO INDUSTRIES (WGO) has an RSI value of 28.2436. This indicates that the stock is currently oversold.
What is the support and resistance level for WGO stock?
WINNEBAGO INDUSTRIES (WGO) has a support level at 39.88 and a resistance level at 44.43. Check the full technical report for our detailed analysis of WGO support and resistance levels.