PETCO HEALTH AND WELLNESS CO (WOOF) Stock Technical Analysis
NASDAQ:WOOF - Nasdaq - US71601V1052 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WOOF is a bad performer in the overall market: 84% of all stocks are doing better.
WOOF is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WOOF is lagging the market.
In the last month WOOF has a been trading in the 2.38 - 3.92 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.
WOOF has an average volume of 4354400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WOOF is part of the Specialty Retail industry. There are 121 other stocks in this industry, WOOF did better than 42% of them.
WOOF has a poor technical rating and the quality of the setup is also only medium 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
3.91
We found 1 important support area.
- A support zone ranging from 2.33 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @3.48 from a trend line in the weekly time frame.
- Resistance @3.62 from a trend line in the daily time frame.
- Resistance @3.80 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 | DOWN | NEGATIVE | The short term trend for WOOF is down. |
| ChartMill Relative Strength | 16.62 | NEGATIVE | WOOF has a low relative strength, it was outperformed by 83.38% 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) | 29.95 | OVERSOLD | The low RSI value suggests WOOF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WOOF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.32 | OVERSOLD | The low Stochastics value suggests WOOF may be oversold. |
| Average True Range in percent/ATR (20) | 9.79 | HIGH VOLATILITY | The high ATR as a percentage value for WOOF suggests high volalility. |
| Average Directional Index/ADX (14) | 35.67 | POSITIVE | The high ADX value value for WOOF suggests a strong 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)
2.4
-0.15 (-5.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-5.88%
1 Week-11.44%
2 Weeks-35.31%
1 Month-33.15%
3 Month-1.64%
6 Month-39.39%
12 Month-32.2%
2 Year-73.03%
3 Year-83.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.79%
ATR Inc-36.12%
Range Today0.14
ADR(20)0.21
ADR(20)%8.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.62
Mansfield-3.52
10 Day High3.75
10 Day Low2.38
20 Day High3.92
20 Day Low2.38
52 Week High6.29
52 Week Low2.23
CS1 End2.38
CR1 Start3.48
Volume & EV
DER(3)1.86%
DER(5)1.43%
Volume4.73M
Volume Incr-17.37%
Vol(5)4.61M
Vol(50)4.35M