Overall WING gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. WING was also a bad performer in the overall market in the last year.
WING has an average technical rating and it also does not offer a high quality setup 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.
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208.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 244.88 to 251.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 210.24 to 213.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 274.92 to 274.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @343.14 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 | NEUTRAL | NEUTRAL | The long term trend for WING is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WING is up. |
| ChartMill Relative Strength | 19.96 | NEGATIVE | WING has a low relative strength, it was outperformed by 80.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WING is above 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 | NEGATIVE | The current price of WING is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.07 | NEUTRAL | The RSI value for WING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.25 | POSITIVE | The MACD value suggests WING has a positive trend. |
| Stochastics (14,3) | 89.74 | OVERBOUGHT | The high Stochastics value suggests WING may be overbought. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for WING suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for WING suggests a weak or negative trend. |
274.91
+5.68 (+2.11%)
WINGSTOP INC / WING FAQ
Can you provide the ChartMill technical rating for WINGSTOP INC?
ChartMill assigns a technical rating of 4 / 10 to WING.
What is the current trend direction of WINGSTOP INC (WING) stock?
The current trend direction for WINGSTOP INC (WING) is Bearish.
What is the RSI signal for WINGSTOP INC (WING) stock?
WINGSTOP INC (WING) has an RSI value of 65.0749. This indicates that the stock is currently neutral.
What is the MACD signal for WINGSTOP INC (WING) stock?
The MACD indicator for WINGSTOP INC (WING) has a value of 5.24702, indicating a bullish trend.
Can you provide the short term momentum for WINGSTOP INC?
The short term momentum for WINGSTOP INC (WING) is positive.