PETCO HEALTH AND WELLNESS CO (WOOF) Technical Analysis
NASDAQ:WOOF • US71601V1052
Current stock price
WOOF Technical Rating and Analysis
Taking everything into account, WOOF scores 5 out of 10 in our technical rating. In the past year, WOOF was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- WOOF is part of the Specialty Retail industry. There are 124 other stocks in this industry. WOOF outperforms 77% of them.
- WOOF has an average volume of 2772230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that WOOF is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
- In the last month WOOF has a been trading in the 2.24 - 3.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
WOOF Weekly and Daily overview Charts
WOOF Setup Rating and Analysis
WOOF has an average technical rating and it also does not offer a high quality setup 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
WOOF Support and Resistance Analysis
2.31
2 important support areas can be observed.
- A support zone ranging from 2.87 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.60 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for WOOF is up. |
| ChartMill Relative Strength | 75.27 | POSITIVE | WOOF has a high relative strength, it outperformed 75.27% 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) | DOWN | MIXED | The current price of WOOF is above 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) | 52.69 | NEUTRAL | The RSI value for WOOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WOOF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.19 | NEUTRAL | The Stochastics value for WOOF is a neutral value. |
| Average True Range in percent/ATR (20) | 7.6 | HIGH VOLATILITY | The high ATR as a percentage value for WOOF suggests high volalility. |
| Average Directional Index/ADX (14) | 32.09 | 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
2.92
-0.2 (-6.41%)
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 5 / 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 52.6903. This indicates that the stock is currently neutral.
What is the MACD signal for WOOF stock?
The MACD indicator for PETCO HEALTH AND WELLNESS CO (WOOF) has a value of 0.058237, 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 2.91 and a resistance level at 3.6. Check the full technical report for our detailed analysis of WOOF support and resistance levels.