WEIS MARKETS INC (WMK) Stock Technical Analysis
USA - NYSE:WMK - US9488491047 - Common Stock
70.86 USD
-0.48 (-0.67%)
70.86 USD
0 (0%)
Taking everything into account, WMK scores 1 out of 10 in our technical rating. WMK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than WMK.
WMK is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 61% of 40 stocks in the same industry do better.
In the last month WMK has a been trading in the 68.55 - 74.49 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.
WMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMK is lagging the market.
WMK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 70.63, a Stop Loss order could be placed below this zone.
More info and screens
65.34
79.10
3 important support areas can be observed.
- A support zone ranging from 69.34 to 70.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.29 from a trend line in the weekly time frame.
- Support @66.00 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 70.98 to 71.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.22 to 74.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 76.61 to 76.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 78.24 to 78.32. This zone is formed by a combination of multiple trend lines 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 WMK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WMK is down. |
| ChartMill Relative Strength | 25.7 | NEGATIVE | WMK has a low relative strength, it was outperformed by 74.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WMK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WMK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WMK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.12 | NEUTRAL | The RSI value for WMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WMK has a negative trend. |
| Stochastics (14,3) | 31.97 | NEUTRAL | The Stochastics value for WMK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for WMK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for WMK 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)
70.86
-0.48 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.67%
1 Week-3.01%
2 Weeks-3.29%
1 Month1.03%
3 Month-4.07%
6 Month-9.26%
12 Month0.6%
2 Year12.48%
3 Year-0.53%
5 Year47.63%
10 Year69.72%
15 Year81.09%
Volatility
ATR(14)1.76
ATR(20)%2.42%
ATR Inc17.33%
Range Today1.22
ADR(20)1.65
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.7
Mansfield-1.24
10 Day High73.93
10 Day Low68.55
20 Day High74.49
20 Day Low68.55
52 Week High90.23
52 Week Low62.25
CS1 End70.63
CR1 Start70.98
Volume & EV
DER(3)0.52%
DER(5)0.54%
Volume90.50K
Volume Incr-2.27%
Vol(5)125.44K
Vol(50)120.17K