PETCO HEALTH AND WELLNESS CO (WOOF) Stock Technical Analysis
NASDAQ:WOOF - Nasdaq - US71601V1052 - Common Stock - Currency: USD
Taking everything into account, WOOF scores 1 out of 10 in our technical rating. WOOF 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, WOOF is a bad performer in the overall market: 87% of all stocks are doing better.
WOOF is one of the lesser performing stocks in the Specialty Retail industry. 70% of 122 stocks in the same industry do better.
WOOF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WOOF has an average volume of 4370520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WOOF has a been trading in the 2.38 - 3.16 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.
The technical rating of WOOF 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
2.31
3.91
When analyzing the support we can see 4 important areas.
- Support @2.55 from a trend line in the weekly time frame.
- Support @2.46 from a horizontal 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.09 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.22 from a trend line in the weekly time frame.
- Resistance @3.40 from a trend line in the daily time frame.
- Resistance @3.74 from a trend line in the daily time frame.
- Resistance @3.87 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 WOOF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WOOF is neutral. |
| ChartMill Relative Strength | 13.05 | NEGATIVE | WOOF has a low relative strength, it was outperformed by 86.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WOOF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WOOF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WOOF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.58 | NEUTRAL | The RSI value for WOOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WOOF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.92 | NEUTRAL | The Stochastics value for WOOF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for WOOF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.16 | 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)
2.83
-0.15 (-5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-5.03%
1 Week-7.82%
2 Weeks0%
1 Month14.57%
3 Month-8.41%
6 Month-22.47%
12 Month-19.14%
2 Year-65.32%
3 Year-79.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.83%
ATR Inc14.05%
Range Today0.19
ADR(20)0.13
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.05
Mansfield-2.51
10 Day High3.16
10 Day Low2.79
20 Day High3.16
20 Day Low2.38
52 Week High6.29
52 Week Low2.23
CS1 End2.55
CR1 Start3.09
Volume & EV
DER(3)-3.95%
DER(5)-3.61%
Volume4.29M
Volume Incr-44.63%
Vol(5)2.53M
Vol(50)4.37M