WINGSTOP INC (WING) Stock Technical Analysis
NASDAQ:WING - Nasdaq - US9741551033 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to WING. 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.
Both the short term and long term trends are positive. This is a very positive sign.
WING is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 75% of 134 stocks in the same industry.
Looking at the yearly performance, WING did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
WING 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 WING is lagging the market slightly.
In the last month WING has a been trading in the 315.78 - 388.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WING has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
204.93
385.28
We found 2 important support areas.
- Support @222.72 from a trend line in the weekly time frame.
- Support @207.00 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 349.82 to 349.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 374.83 to 381.47. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for WING is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WING is up. |
| ChartMill Relative Strength | 87.07 | POSITIVE | WING has a high relative strength, it outperformed 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WING is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WING is above the rising 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) | 58.76 | NEUTRAL | The RSI value for WING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.76 | NEGATIVE | The MACD value suggests WING has a negative trend. |
| Stochastics (14,3) | 43.79 | NEUTRAL | The Stochastics value for WING is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for WING suggests some volalility. |
| Average Directional Index/ADX (14) | 50.67 | POSITIVE | The high ADX value value for WING suggests a strong 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)
346.14
-3.69 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.05%
1 Week-6.99%
2 Weeks0.21%
1 Month8.95%
3 Month62.36%
6 Month20.35%
12 Month-15.65%
2 Year74.78%
3 Year367.88%
5 Year151.73%
10 Year1131.8%
15 YearN/A
Volatility
ATR(14)12.9
ATR(20)%3.48%
ATR Inc22.64%
Range Today6.12
ADR(20)11.71
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.07
Mansfield0.33
10 Day High388.14
10 Day Low343.22
20 Day High388.14
20 Day Low315.78
52 Week High433.86
52 Week Low204
CS1 End349.82
CR1 Start374.83
Volume & EV
DER(3)0.3%
DER(5)-0.48%
Volume435.91K
Volume Incr25.44%
Vol(5)927.68K
Vol(50)862.38K