PETCO HEALTH AND WELLNESS CO (WOOF) Stock Technical Analysis
USA - NASDAQ:WOOF - US71601V1052 - Common Stock
Taking everything into account, WOOF scores 0 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.
WOOF has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
2.31
When analyzing the support we can see 4 important areas.
- Support @2.83 from a trend line in the weekly time frame.
- Support @2.61 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 4 important areas.
- Resistance @3.21 from a horizontal line in the daily time frame.
- Resistance @3.61 from a trend line in the weekly time frame.
- Resistance @3.71 from a trend line in the daily time frame.
- Resistance @3.99 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 | DOWN | NEGATIVE | The short term trend for WOOF is down. |
| ChartMill Relative Strength | 15.47 | NEGATIVE | WOOF has a low relative strength, it was outperformed by 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WOOF is below a declining 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) | 31.64 | NEUTRAL | The RSI value for WOOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WOOF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.96 | OVERSOLD | The low Stochastics value suggests WOOF may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for WOOF suggests high volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for WOOF suggests a possible start of a new trend. |
2.96
-0.09 (-2.95%)
PETCO HEALTH AND WELLNESS CO / WOOF FAQ
Can you provide the ChartMill technical rating for PETCO HEALTH AND WELLNESS CO?
ChartMill assigns a technical rating of 0 / 10 to WOOF.
Can you provide the trend direction for PETCO HEALTH AND WELLNESS CO?
The current trend direction for PETCO HEALTH AND WELLNESS CO (WOOF) is Bearish.
What is the RSI signal for WOOF stock?
PETCO HEALTH AND WELLNESS CO (WOOF) has an RSI value of 31.6382. This indicates that the stock is currently neutral.
What is the buy/sell signal for PETCO HEALTH AND WELLNESS CO (WOOF) stock?
The buy/sell signal for PETCO HEALTH AND WELLNESS CO (WOOF) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for PETCO HEALTH AND WELLNESS CO?
PETCO HEALTH AND WELLNESS CO (WOOF) has a support level at 2.83 and a resistance level at 3.21. Check the full technical report for our detailed analysis of WOOF support and resistance levels.