WARBY PARKER INC-CLASS A (WRBY) Stock Technical Analysis
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. 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
15.47
3 important support areas can be observed.
- Support @16.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.49 to 16.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.63 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.29 to 18.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 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 | 13.48 | NEGATIVE | WRBY has a low relative strength, it was outperformed by 86.52% 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) | 42.32 | NEUTRAL | The RSI value for WRBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests WRBY has a positive trend. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for WRBY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for WRBY suggests high volalility. |
| Average Directional Index/ADX (14) | 57.92 | POSITIVE | The high ADX value value for WRBY suggests a strong trend. |
18.28
+1.27 (+7.47%)
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 0 / 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 42.3218. 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 negative.
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 16.96 and a resistance level at 18.29. Check the full technical report for our detailed analysis of WRBY support and resistance levels.