WINNEBAGO INDUSTRIES (WGO) Stock Technical Analysis
NYSE:WGO - New York Stock Exchange, Inc. - US9746371007 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WGO. 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.
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.
92% of all other stocks performed better in the past year than WGO.
WGO is part of the Automobiles industry. There are 37 other stocks in this industry, of which 69% are performing better than WGO.
WGO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WGO has a been trading in the 28.00 - 34.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WGO has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
27.96
47.86
2 important support areas can be observed.
- A support zone ranging from 28.87 to 29.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.24 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.54 to 31.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.58 from a horizontal line in the daily time frame.
- Resistance @47.39 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 | DOWN | NEGATIVE | The long term trend for WGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WGO is neutral. |
| ChartMill Relative Strength | 8.58 | NEGATIVE | WGO has a low relative strength, it was outperformed by 91.42% 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) | DOWN | NEGATIVE | The current price of WGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for WGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WGO has a positive trend. |
| Stochastics (14,3) | 62.83 | NEUTRAL | The Stochastics value for WGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.98 | NEUTRAL | The ADX value for WGO suggests a possible start of a new 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)
31.53
-0.27 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.85%
1 Week10.13%
2 Weeks0.8%
1 Month-9.71%
3 Month-4.25%
6 Month-36.7%
12 Month-39.18%
2 Year-54.17%
3 Year-47.77%
5 Year-47.81%
10 Year41.2%
15 Year201.72%
Volatility
ATR(14)1.28
ATR(20)%4.46%
ATR Inc4.56%
Range Today1.18
ADR(20)1.28
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.58
Mansfield-3.82
10 Day High32.3
10 Day Low28
20 Day High34.53
20 Day Low28
52 Week High65.65
52 Week Low28
CS1 End29.27
CR1 Start31.54
Volume & EV
DER(3)2.96%
DER(5)1.95%
Volume377.40K
Volume Incr-1.77%
Vol(5)812.20K
Vol(50)642.87K