PETCO HEALTH AND WELLNESS CO (WOOF) Stock Technical Analysis
NASDAQ:WOOF • US71601V1052
We assign a technical rating of 0 out of 10 to WOOF. 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.
- 81% of all other stocks performed better in the past year than WOOF.
- WOOF is one of the lesser performing stocks in the Specialty Retail industry. 67% of 120 stocks in the same industry do better.
- WOOF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month WOOF has a been trading in the 2.36 - 3.02 range, which is quite wide. It is currently trading near the lows of this range.
- WOOF has an average volume of 1881940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of WOOF is bad and it also does not present a 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
2.31
We found 2 important support areas.
- A support zone ranging from 2.48 to 2.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.33 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.87 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.99 from a trend line in the daily time frame.
- A resistance zone ranging from 3.14 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 19.01 | NEGATIVE | WOOF has a low relative strength, it was outperformed by 80.99% 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) | 37.79 | NEUTRAL | The RSI value for WOOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WOOF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.24 | OVERSOLD | The low Stochastics value suggests WOOF may be oversold. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for WOOF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for WOOF suggests a strong trend. |
2.51
+0.09 (+3.72%)
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.
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 37.7915. 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 -0.0200079, 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 2.5 and a resistance level at 2.87. Check the full technical report for our detailed analysis of WOOF support and resistance levels.