WINGSTOP INC (WING)

US9741551033 - Common Stock

363.63  -1.1 (-0.3%)

Technical Rating and Analysis

10

Overall WING gets a technical rating of 10 out of 10. Both in the recent history as in the last year, WING has proven to be a steady performer, scoring decent points in every aspect analyzed.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, WING did better than 95% of all other stocks. On top of that, WING also shows a nice and consistent pattern of rising prices.
WING is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. WING outperforms 92% of them.
WING is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WING is leading the market.
In the last month WING has a been trading in the 342.65 - 379.00 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.

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Weekly and Daily overview Charts
WING Weekly chart
WING Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, WING also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 366.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 353.51, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

190.41

374.48

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 347.36 to 353.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @192.33 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 366.41 to 370.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield4.14
10 Day High376.15
10 Day Low342.65
20 Day High379
20 Day Low342.65
52 Week High379
52 Week Low150.08
Performance
1 Week-1.6%
2 Weeks2.94%
1 Month0.97%
3 Month33.51%
6 Month104.83%
12 Month82.26%
2 Year297.48%
3 Year130.24%
5 Year384.56%
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)-1.6
RSI(14)54.78
LBB345.61
UBB372.03

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
370.78347.3523.43 (6.32%)15.83%
An entry @370.78. This is a Buy Stop order right above the resistance zone.An exit @347.35. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 23.43 points, which is 6.32%.For a 1.00% total portfolio risk, you can invest 15.83% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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WING Daily chart

WINGSTOP INC

NASDAQ:WING (4/24/2024, 1:32:56 PM)

363.63

-1.1 (-0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.3%
1 Week-1.6%
2 Weeks2.94%
1 Month0.97%
3 Month33.51%
6 Month104.83%
12 Month82.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.24
ATR(20)%3.83%
ATR Inc
Range Today6.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High376.15
10 Day Low342.65
20 Day High379
20 Day Low342.65
52 Week High379
52 Week Low150.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume153.81K
Volume Incr8.71%
Vol(5)486.10K
Vol(50)533.45K