WARBY PARKER INC-CLASS A (WRBY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WRBY - US93403J1060 - Common Stock
Taking everything into account, WRBY scores 7 out of 10 in our technical rating. In the last year, WRBY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although WRBY has an excellent technical rating, it does not present a decent entry opportunity 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
15.64
4 important support areas can be observed.
- Support @19.55 from a trend line in the daily time frame.
- Support @17.41 from a trend line in the weekly time frame.
- Support @16.81 from a trend line in the daily time frame.
- Support @15.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @27.71 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for WRBY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRBY is up. |
| ChartMill Relative Strength | 42.42 | NEUTRAL | WRBY is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of WRBY is above the rising 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) | 66.17 | NEUTRAL | The RSI value for WRBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests WRBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.53 | NEUTRAL | The Stochastics value for WRBY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for WRBY suggests high volalility. |
| Average Directional Index/ADX (14) | 40.16 | POSITIVE | The high ADX value value for WRBY suggests a strong trend. |
26.84
-0.56 (-2.04%)
WARBY PARKER INC-CLASS A / WRBY FAQ
Can you provide the ChartMill technical rating for WARBY PARKER INC-CLASS A?
ChartMill assigns a technical rating of 7 / 10 to WRBY.
What is the current trend direction of WARBY PARKER INC-CLASS A (WRBY) stock?
The current trend direction for WARBY PARKER INC-CLASS A (WRBY) is Bearish.
What is the RSI signal for WRBY stock?
WARBY PARKER INC-CLASS A (WRBY) has an RSI value of 66.1652. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WARBY PARKER INC-CLASS A?
The short term momentum for WARBY PARKER INC-CLASS A (WRBY) is positive.
Can you provide the support and resistance levels for WARBY PARKER INC-CLASS A?
WARBY PARKER INC-CLASS A (WRBY) has a support level at 19.55 and a resistance level at 27.71. Check the full technical report for our detailed analysis of WRBY support and resistance levels.