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. WRBY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although WRBY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.60
When analyzing the support we can see 4 important areas.
- Support @19.39 from a trend line in the daily time frame.
- Support @17.32 from a trend line in the weekly time frame.
- Support @16.80 from a trend line in the daily time frame.
- Support @15.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important 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 | 72.08 | POSITIVE | WRBY has a high relative strength, it outperformed 72.08% 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) | 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) | 68.47 | NEUTRAL | The RSI value for WRBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests WRBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.83 | OVERBOUGHT | The high Stochastics value suggests WRBY may be overbought. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for WRBY suggests high volalility. |
| Average Directional Index/ADX (14) | 39.76 | POSITIVE | The high ADX value value for WRBY suggests a strong trend. |
27.4
-2.83 (-9.36%)
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 68.4665. 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 19.39 and a resistance level at 27.71. Check the full technical report for our detailed analysis of WRBY support and resistance levels.