USA - NYSE:WRBY - US93403J1060 - Common Stock
We assign a technical rating of 0 out of 10 to WRBY. WRBY 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 technical rating of WRBY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
15.38
We found 1 important support area.
We can see 3 important resistance 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 | DOWN | NEGATIVE | The long term trend for WRBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRBY is down. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | WRBY has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.81 | OVERSOLD | The low RSI value suggests WRBY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests WRBY has a negative trend. |
| Stochastics (14,3) | 18.78 | OVERSOLD | The low Stochastics value suggests WRBY may be oversold. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for WRBY suggests high volalility. |
| Average Directional Index/ADX (14) | 54.48 | POSITIVE | The high ADX value value for WRBY suggests a strong trend. |
17.22
+0.29 (+1.71%)
ChartMill assigns a technical rating of 0 / 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 19.8121. This indicates that the stock is currently oversold.
The short term momentum for WARBY PARKER INC-CLASS A (WRBY) is negative.
WARBY PARKER INC-CLASS A (WRBY) has a support level at 15.54 and a resistance level at 19.1. Check the full technical report for our detailed analysis of WRBY support and resistance levels.