World Wrestling Entertainment (WWE) Technical Analysis
NYSE:WWE • US98156Q1085
Current stock price
WWE Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to WWE. 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.
- Looking at the yearly performance, WWE did better than 89% of all other stocks. On top of that, WWE also shows a nice and consistent pattern of rising prices.
- WWE is part of the Entertainment industry. There are 79 other stocks in this industry. WWE outperforms 89% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- WWE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WWE is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
WWE Weekly and Daily overview Charts
WWE Setup Rating and Analysis
WWE has an average technical rating and also the quality of the setup is only medium 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
WWE Support and Resistance Analysis
79.23
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.
WWE Technical Indicator Signal Analysis
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. |
WWE Chart- and CandleStick Pattern Analysis
WWE Technicals: Chart, Performance Metrics, Trend & Indicators
100.65
+2.6 (+2.65%)
World Wrestling Entertainment / WWE TA FAQ
What is the technical rating for WWE stock?
ChartMill assigns a technical rating of 3 / 10 to WWE.
Can you provide the trend direction for World Wrestling Entertainment?
The current trend direction for World Wrestling Entertainment (WWE) is Bearish.
What is the RSI signal for World Wrestling Entertainment (WWE) stock?
World Wrestling Entertainment (WWE) has an RSI value of 40.9787. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for World Wrestling Entertainment?
World Wrestling Entertainment (WWE) has a support level at 98.05. Check the full technical report for our detailed analysis of WWE support and resistance levels.