WINGSTOP INC (WING) Stock Technical Analysis
NASDAQ:WING - US9741551033 - Common Stock
309.79 USD
+0.97 (+0.31%)
309.79 USD
0 (0%)
Taking everything into account, WING scores 0 out of 10 in our technical rating. WING's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
88% of all other stocks performed better in the past year than WING.
WING is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, of which 72% are performing better than WING.
In the last month WING has a been trading in the 297.59 - 345.81 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WING is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WING is lagging the market.
WING has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
286.54
385.27
When analyzing the support we can see 2 important areas.
- Support @302.00 from a horizontal line in the weekly time frame.
- Support @289.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 323.57 to 328.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 336.85 to 342.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @358.98 from a trend line in the weekly time frame.
- Resistance @381.46 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for WING is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WING is down. |
| ChartMill Relative Strength | 12.01 | NEGATIVE | WING has a low relative strength, it was outperformed by 87.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WING is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WING is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WING is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.4 | NEUTRAL | The RSI value for WING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.36 | NEGATIVE | The MACD value suggests WING has a negative trend. |
| Stochastics (14,3) | 25.49 | NEUTRAL | The Stochastics value for WING is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for WING suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for WING 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)
309.79
+0.97 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.31%
1 Week-8.51%
2 Weeks-2.82%
1 Month-6.33%
3 Month-17.35%
6 Month36.4%
12 Month-14.52%
2 Year72.26%
3 Year147%
5 Year126.7%
10 Year1191.87%
15 YearN/A
Volatility
ATR(14)13.36
ATR(20)%4.69%
ATR Inc18.65%
Range Today7.69
ADR(20)14.16
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.01
Mansfield-0.86
10 Day High342.1
10 Day Low297.59
20 Day High345.81
20 Day Low297.59
52 Week High433.86
52 Week Low204
CS1 End302
CR1 Start323.57
Volume & EV
DER(3)-0.22%
DER(5)0.04%
Volume353.80K
Volume Incr17.13%
Vol(5)858.02K
Vol(50)761.49K