World Wrestling Entertainment (WWE) Stock Technical Analysis
USA - NYSE:WWE - US98156Q1085 - Common Stock
Taking everything into account, WWE scores 4 out of 10 in our technical rating. 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.
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.
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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.
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. |
100.65
+2.6 (+2.65%)
World Wrestling Entertainment / WWE FAQ
What is the technical rating for WWE stock?
ChartMill assigns a technical rating of 3 / 10 to WWE.
What is the current trend direction of World Wrestling Entertainment (WWE) stock?
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.
What is the short term momentum for WWE stock?
The short term momentum for World Wrestling Entertainment (WWE) is negative.
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.