WINGSTOP INC (WING) Stock Technical Analysis
USA - NASDAQ:WING - US9741551033 - Common Stock
215.63 USD
-26.94 (-11.11%)
225.77 USD
+10.14 (+4.7%)
Overall WING gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than WING.
WING is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 74% of 133 stocks in the same industry do better.
WING is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WING has a been trading in the 207.00 - 270.35 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 technical rating of WING is bad and it also does not present a 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
213.47
385.27
We can see 4 important resistance areas.
- A resistance zone ranging from 250.41 to 253.33. 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 265.25 to 271.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @349.23 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 | DOWN | NEGATIVE | The long term trend for WING is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WING is down. |
| ChartMill Relative Strength | 6.53 | NEGATIVE | WING has a low relative strength, it was outperformed by 93.47% 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 | NEGATIVE | The current price of WING is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.51 | OVERSOLD | The low RSI value suggests WING may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.4 | NEGATIVE | The MACD value suggests WING has a negative trend. |
| Stochastics (14,3) | 17.05 | OVERSOLD | The low Stochastics value suggests WING may be oversold. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for WING suggests high volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for WING suggests a possible start of a new 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)
215.63
-26.94 (-11.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-11.11%
1 Week-16.79%
2 Weeks-12.44%
1 Month-18.71%
3 Month-40.51%
6 Month-20.17%
12 Month-27.38%
2 Year17.98%
3 Year36.14%
5 Year85.36%
10 Year832.25%
15 YearN/A
Volatility
ATR(14)11.97
ATR(20)%5.28%
ATR Inc125.66%
Range Today20.5
ADR(20)10.52
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.53
3 months CRS3.04
6 months CRS10.66
Mansfield-3.37
10 Day High270.35
10 Day Low207
20 Day High270.35
20 Day Low207
52 Week High388.14
52 Week Low204
CS1 EndN/A
CR1 Start250.41
Volume & EV
DER(3)0.42%
DER(5)0.53%
Volume2.26M
Volume Incr-5.11%
Vol(5)786.58K
Vol(50)843.65K
WINGSTOP INC / WING FAQ
Can you provide the ChartMill technical rating for WINGSTOP INC?
ChartMill assigns a technical rating of 0 / 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 27.5092. This indicates that the stock is currently oversold.
What is the MACD signal for WINGSTOP INC (WING) stock?
The MACD indicator for WINGSTOP INC (WING) has a value of -1.40269, indicating a bearish trend.
Can you provide the short term momentum for WINGSTOP INC?
The short term momentum for WINGSTOP INC (WING) is negative.