WINNEBAGO INDUSTRIES (WGO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WGO - US9746371007 - Common Stock
We assign a technical rating of 8 out of 10 to WGO. Although WGO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, WGO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 40.83, a Stop Loss order could be placed below this zone.
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28.58
When analyzing the support we can see 5 important areas.
- A support zone ranging from 40.51 to 40.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.55 from a trend line in the daily time frame.
- A support zone ranging from 30.64 to 30.74. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.74 to 43.74. 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 | UP | POSITIVE | The long term trend for WGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WGO is up. |
| ChartMill Relative Strength | 40.36 | NEUTRAL | WGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WGO is above the rising 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) | UP | POSITIVE | The current price of WGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.27 | NEUTRAL | The RSI value for WGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests WGO has a negative trend. |
| Stochastics (14,3) | 21.16 | NEUTRAL | The Stochastics value for WGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO suggests some volalility. |
| Average Directional Index/ADX (14) | 33.83 | POSITIVE | The high ADX value value for WGO suggests a strong trend. |
40.84
+0.32 (+0.79%)
WINNEBAGO INDUSTRIES / WGO FAQ
Can you provide the ChartMill technical rating for WINNEBAGO INDUSTRIES?
ChartMill assigns a technical rating of 8 / 10 to WGO.
What is the trend direction for WGO stock?
The current trend direction for WINNEBAGO INDUSTRIES (WGO) is Bullish.
What is the RSI signal for WINNEBAGO INDUSTRIES (WGO) stock?
WINNEBAGO INDUSTRIES (WGO) has an RSI value of 55.2702. This indicates that the stock is currently neutral.
What is the buy/sell signal for WGO stock?
The buy/sell signal for WINNEBAGO INDUSTRIES (WGO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WGO stock?
WINNEBAGO INDUSTRIES (WGO) has a support level at 40.83 and a resistance level at 43.74. Check the full technical report for our detailed analysis of WGO support and resistance levels.