WINNEBAGO INDUSTRIES (WGO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WGO - US9746371007 - Common Stock
We assign a technical rating of 4 out of 10 to WGO. WGO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
WGO has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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28.58
6 important support areas can be observed.
- A support zone ranging from 34.48 to 35.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.67 from a trend line in the daily time frame.
- Support @32.14 from a horizontal line in the daily time frame.
- A support zone ranging from 30.32 to 30.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.62 from a horizontal line in the daily time frame.
- Support @28.87 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @38.52 from a trend line in the weekly time frame.
- Resistance @40.16 from a horizontal 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 | UP | POSITIVE | The short term trend for WGO is up. |
| ChartMill Relative Strength | 17.7 | NEGATIVE | WGO has a low relative strength, it was outperformed by 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WGO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WGO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.21 | NEUTRAL | The RSI value for WGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests WGO has a positive trend. |
| Stochastics (14,3) | 82.71 | OVERBOUGHT | The high Stochastics value suggests WGO may be overbought. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for WGO suggests a possible start of a new trend. |
36.79
+0.6 (+1.66%)
WINNEBAGO INDUSTRIES / WGO FAQ
Can you provide the ChartMill technical rating for WINNEBAGO INDUSTRIES?
ChartMill assigns a technical rating of 4 / 10 to WGO.
Can you provide the trend direction for WINNEBAGO INDUSTRIES?
The current trend direction for WINNEBAGO INDUSTRIES (WGO) is Bearish.
Can you provide the RSI signal for WINNEBAGO INDUSTRIES?
WINNEBAGO INDUSTRIES (WGO) has an RSI value of 58.2111. This indicates that the stock is currently neutral.
What are the support and resistance levels for WINNEBAGO INDUSTRIES (WGO) stock?
WINNEBAGO INDUSTRIES (WGO) has a support level at 35.11 and a resistance level at 38.52. Check the full technical report for our detailed analysis of WGO support and resistance levels.