PETCO HEALTH AND WELLNESS CO (WOOF) Stock Technical Analysis
USA - NASDAQ:WOOF - US71601V1052 - Common Stock
3.75 USD
+0.1 (+2.88%)
3.76 USD
+0.01 (+0.27%)
Overall WOOF gets a technical rating of 7 out of 10. Although WOOF is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
67% of all other stocks performed better in the past year than WOOF.
The long and short term trends are both positive. This is looking good!
WOOF has an average volume of 3366310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WOOF is an average performer in the Specialty Retail industry, it outperforms 53% of 122 stocks in the same industry.
WOOF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WOOF is lagging the market.
In the last month WOOF has a been trading in the 3.29 - 3.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WOOF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 3.51, a Stop Loss order could be placed below this zone.
More info and screens
2.31
4.04
6 important support areas can be observed.
- A support zone ranging from 3.45 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.36 from a horizontal line in the daily time frame.
- Support @2.75 from a trend line in the weekly time frame.
- Support @2.57 from a trend line in the weekly time frame.
- Support @2.37 from a horizontal line in the daily time frame.
- Support @2.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.78 from a trend line in the weekly time frame.
- Resistance @3.86 from a trend line in the daily time frame.
- A resistance zone ranging from 4.00 to 4.00. 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 WOOF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WOOF is up. |
| ChartMill Relative Strength | 33.86 | NEUTRAL | WOOF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WOOF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WOOF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WOOF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.7 | NEUTRAL | The RSI value for WOOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WOOF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.93 | NEUTRAL | The Stochastics value for WOOF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WOOF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for WOOF 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.79 | 3.44 | 0.35 (9.23%) | 10.83% |
| An entry @3.79. This is a Buy Stop order right above the resistance zone. | An exit @3.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 9.23%. | For a 1.00% total portfolio risk, you can invest 10.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.75
+0.1 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.88%
1 Week-4.09%
2 Weeks11.28%
1 Month4.75%
3 Month26.26%
6 Month11.61%
12 Month-27.04%
2 Year8.38%
3 Year-64.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%4.31%
ATR Inc7.08%
Range Today0.17
ADR(20)0.16
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.86
Mansfield-0.37
10 Day High3.96
10 Day Low3.29
20 Day High3.96
20 Day Low3.29
52 Week High6.29
52 Week Low2.28
CS1 End3.51
CR1 Start3.78
Volume & EV
DER(3)-6.4%
DER(5)-5%
Volume2.11M
Volume Incr-28.6%
Vol(5)2.00M
Vol(50)3.37M