WILLIAMS-SONOMA INC (WSM) Stock Technical Analysis
NYSE:WSM • US9699041011
Taking everything into account, WSM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WSM is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by WSM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WSM has a been trading in the 201.28 - 222.00 range, which is quite wide. It is currently trading near the high of this range.
- WSM has an average volume of 1097360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, WSM did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- WSM is part of the Specialty Retail industry. There are 121 other stocks in this industry, WSM did better than 65% of them.
WSM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 220.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 214.10, a Stop Loss order could be placed below this zone.
More info and screens
180.94
We found 4 important support areas.
- A support zone ranging from 211.64 to 214.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @206.78 from a horizontal line in the daily time frame.
- Support @194.17 from a trend line in the weekly time frame.
- Support @182.77 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 220.68 to 220.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for WSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSM is up. |
| ChartMill Relative Strength | 70.85 | POSITIVE | WSM has a high relative strength, it outperformed 70.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for WSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests WSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.08 | NEUTRAL | The Stochastics value for WSM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for WSM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for WSM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 220.69 | 211.63 | 9.06 (4.11%) | 24.36% |
| An entry @220.69. This is a Buy Stop order right above the resistance zone. | An exit @211.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.06 points, which is 4.11%. | For a 1.00% total portfolio risk, you can invest 24.36% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WSM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
214.86
+4.04 (+1.92%)
WILLIAMS-SONOMA INC / WSM FAQ
What is the ChartMill technical rating of WILLIAMS-SONOMA INC (WSM) stock?
ChartMill assigns a technical rating of 8 / 10 to WSM.
What is the current trend direction of WILLIAMS-SONOMA INC (WSM) stock?
The current trend direction for WILLIAMS-SONOMA INC (WSM) is Bullish.
What is the RSI signal for WSM stock?
WILLIAMS-SONOMA INC (WSM) has an RSI value of 55.835. This indicates that the stock is currently neutral.
What is the MACD signal for WSM stock?
The MACD indicator for WILLIAMS-SONOMA INC (WSM) has a value of -0.848024, indicating a bearish trend.
What is the support and resistance level for WSM stock?
WILLIAMS-SONOMA INC (WSM) has a support level at 214.1 and a resistance level at 220.68. Check the full technical report for our detailed analysis of WSM support and resistance levels.