WYNDHAM HOTELS & RESORTS INC (WH) Stock Technical Analysis
NYSE:WH - New York Stock Exchange, Inc. - US98311A1051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to WH. WH 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.
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.
In the last month WH has a been trading in the 82.48 - 89.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, WH outperforms 50% of them, which is more or less in line with the market.
WH is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, WH did better than 57% of them.
WH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WH is lagging the market slightly.
Although the technical rating is bad, WH does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
75.74
89.63
When analyzing the support we can see 4 important areas.
- Support @82.77 from a trend line in the weekly time frame.
- Support @81.44 from a horizontal line in the weekly time frame.
- Support @78.47 from a horizontal line in the daily time frame.
- Support @76.50 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 85.85 to 86.53. 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 88.45 to 88.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for WH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WH is neutral. |
| ChartMill Relative Strength | 50.11 | NEUTRAL | WH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for WH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests WH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.18 | NEUTRAL | The Stochastics value for WH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for WH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for WH suggests a weak or negative 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)
85.5
-1.77 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.03%
1 Week-1.96%
2 Weeks-2.61%
1 Month-0.7%
3 Month-21.07%
6 Month-12.92%
12 Month20.83%
2 Year25.27%
3 Year6.7%
5 Year86.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.24
ATR(20)%2.9%
ATR Inc14.56%
Range Today2.14
ADR(20)2.22
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.11
Mansfield-0.55
10 Day High88.77
10 Day Low82.65
20 Day High89.66
20 Day Low82.48
52 Week High113.07
52 Week Low68.77
CS1 End82.77
CR1 Start85.85
Volume & EV
DER(3)-0.22%
DER(5)-0.61%
Volume740.20K
Volume Incr-26.94%
Vol(5)805.35K
Vol(50)998.89K