PETCO HEALTH AND WELLNESS CO (WOOF) Technical Analysis
NASDAQ:WOOF • US71601V1052
Current stock price
WOOF Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to WOOF. WOOF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, we notice that WOOF is one of the better performing stocks in the market, outperforming 89% of all stocks.
- WOOF is part of the Specialty Retail industry. There are 124 other stocks in this industry. WOOF outperforms 90% of them.
- In the last month WOOF has a been trading in the 2.24 - 3.78 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- WOOF has an average volume of 2583000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- WOOF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WOOF is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WOOF Weekly and Daily overview Charts
WOOF Setup Rating and Analysis
Although WOOF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WOOF Support and Resistance Analysis
2.31
When analyzing the support we notice one important area.
- Support @2.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @4.00 from a horizontal line in the weekly time frame.
WOOF Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WOOF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WOOF is neutral. |
| ChartMill Relative Strength | 89.24 | POSITIVE | WOOF has a high relative strength, it outperformed 89.24% off all stocks 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) | UP | POSITIVE | The current price of WOOF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.28 | OVERBOUGHT | The high RSI value suggests WOOF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests WOOF has a positive trend. |
| Stochastics (14,3) | 71.46 | NEUTRAL | The Stochastics value for WOOF is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for WOOF suggests high volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for WOOF suggests a strong trend. |
WOOF Chart- and CandleStick Pattern Analysis
WOOF Technicals: Chart, Performance Metrics, Trend & Indicators
3.62
+0.39 (+12.07%)
PETCO HEALTH AND WELLNESS CO / WOOF TA FAQ
Can you provide the ChartMill technical rating for PETCO HEALTH AND WELLNESS CO?
ChartMill assigns a technical rating of 7 / 10 to WOOF.
What is the trend direction for WOOF stock?
The current trend direction for PETCO HEALTH AND WELLNESS CO (WOOF) is Bearish.
Can you provide the RSI signal for PETCO HEALTH AND WELLNESS CO?
PETCO HEALTH AND WELLNESS CO (WOOF) has an RSI value of 78.2767. This indicates that the stock is currently overbought.
What is the MACD signal for WOOF stock?
The MACD indicator for PETCO HEALTH AND WELLNESS CO (WOOF) has a value of 0.108593, indicating a bearish trend.
What is the support and resistance level for WOOF stock?
PETCO HEALTH AND WELLNESS CO (WOOF) has a support level at 2.33 and a resistance level at 4. Check the full technical report for our detailed analysis of WOOF support and resistance levels.