World Wrestling Entertainment (WWE) Stock Technical Analysis
NYSE:WWE - New York Stock Exchange, Inc. - US98156Q1085 - Common Stock - Currency: USD
Overall WWE gets a technical rating of 4 out of 10. Although WWE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month WWE has a been trading in the 93.93 - 118.04 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that WWE is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by WWE over the past year are nicely spread over this period.
WWE is part of the Entertainment industry. There are 503 other stocks in this industry. WWE outperforms 97% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WWE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WWE is lagging the market.
Volume is considerably higher in the last couple of days.
WWE has an average technical rating and the quality of the presented setup is also not ideal 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
79.23
101.66
3 important support areas can be observed.
- A support zone ranging from 96.55 to 98.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.47 from a trend line in the weekly time frame.
- Support @80.03 from a trend 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 WWE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WWE is down. |
| ChartMill Relative Strength | 89.93 | POSITIVE | WWE has a high relative strength, it outperformed 89.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WWE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WWE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WWE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.98 | NEUTRAL | The RSI value for WWE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.58 | NEGATIVE | The MACD value suggests WWE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.56 | NEUTRAL | The Stochastics value for WWE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for WWE suggests some volalility. |
| Average Directional Index/ADX (14) | 34.34 | POSITIVE | The high ADX value value for WWE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
100.65
+2.6 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.65%
1 Week-3.76%
2 Weeks-11.47%
1 Month-9.89%
3 Month-2.02%
6 Month20.78%
12 Month48.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.91
ATR(20)%4.32%
ATR Inc-14.57%
Range Today3.87
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.93
Mansfield0.09
10 Day High116.48
10 Day Low93.93
20 Day High118.04
20 Day Low93.93
52 Week High118.04
52 Week Low66.43
CS1 End98.05
CR1 StartN/A
Volume & EV
DER(3)2.19%
DER(5)2.57%
Volume1.64M
Volume Incr71.15%
Vol(5)1.37M
Vol(50)737.06K