NYSE:WRBY • US93403J1060
We assign a technical rating of 3 out of 10 to WRBY. WRBY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of WRBY 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.
15.73
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice 3 important areas.
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 WRBY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRBY is neutral. |
| ChartMill Relative Strength | 74.19 | POSITIVE | WRBY has a high relative strength, it outperformed 74.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRBY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WRBY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRBY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.94 | NEUTRAL | The RSI value for WRBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WRBY has a positive trend. |
| Stochastics (14,3) | 37.7 | NEUTRAL | The Stochastics value for WRBY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for WRBY suggests high volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for WRBY suggests a possible start of a new trend. |
25.65
+3.88 (+17.82%)
ChartMill assigns a technical rating of 3 / 10 to WRBY.
The current trend direction for WARBY PARKER INC-CLASS A (WRBY) is Bearish.
WARBY PARKER INC-CLASS A (WRBY) has an RSI value of 55.9384. This indicates that the stock is currently neutral.
The MACD indicator for WARBY PARKER INC-CLASS A (WRBY) has a value of 0.104567, indicating a bearish trend.
The short term momentum for WARBY PARKER INC-CLASS A (WRBY) is neutral.