WINNEBAGO INDUSTRIES (WGO) Technical Analysis
NYSE:WGO • US9746371007
Current stock price
WGO Technical Rating and Analysis
Taking everything into account, WGO scores 1 out of 10 in our technical rating. WGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than WGO.
- WGO 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.
- WGO is an average performer in the Automobiles industry, it outperforms 44% of 35 stocks in the same industry.
- In the last month WGO has a been trading in the 29.85 - 35.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WGO Weekly and Daily overview Charts
WGO Setup Rating and Analysis
Although the technical rating is bad, WGO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.53, a Stop Loss order could be placed below this zone.
More info and screens
WGO Support and Resistance Analysis
28.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.38 to 30.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.66 from a horizontal line in the daily time frame.
- Support @28.84 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.58 to 32.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.75 to 33.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.52 from a trend line in the weekly time frame.
WGO Technical Indicator Signal Analysis
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 WGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGO is down. |
| ChartMill Relative Strength | 15.53 | NEGATIVE | WGO has a low relative strength, it was outperformed by 84.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.05 | NEUTRAL | The RSI value for WGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.63 | NEUTRAL | The Stochastics value for WGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for WGO suggests a weak or negative trend. |
WGO Chart- and CandleStick Pattern Analysis
WGO Technicals: Chart, Performance Metrics, Trend & Indicators
32.02
-0.59 (-1.81%)
WINNEBAGO INDUSTRIES / WGO TA FAQ
Can you provide the ChartMill technical rating for WINNEBAGO INDUSTRIES?
ChartMill assigns a technical rating of 1 / 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 WGO stock?
WINNEBAGO INDUSTRIES (WGO) has an RSI value of 43.0484. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WINNEBAGO INDUSTRIES?
The short term momentum for WINNEBAGO INDUSTRIES (WGO) is negative.
What is the buy/sell signal for WINNEBAGO INDUSTRIES (WGO) stock?
The buy/sell signal for WINNEBAGO INDUSTRIES (WGO) is sell as both the short term and long term trends are negative.