WOLVERINE WORLD WIDE INC (WWW) Stock Technical Analysis
USA - NYSE:WWW - US9780971035 - Common Stock
30.53 USD
+0.01 (+0.03%)
30.53 USD
0 (0%)
Overall WWW gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WWW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WWW did better than 95% of all other stocks.
WWW is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 97% of 49 stocks in the same industry.
WWW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
WWW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WWW has an average volume of 1764700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, WWW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
24.55
32.72
We found 2 important support areas.
- A support zone ranging from 30.51 to 30.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.80 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.94 to 32.40. 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 WWW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WWW is up. |
| ChartMill Relative Strength | 95.92 | POSITIVE | WWW has a high relative strength, it outperformed 95.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WWW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WWW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.12 | NEUTRAL | The RSI value for WWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests WWW has a negative trend. |
| Stochastics (14,3) | 38.2 | NEUTRAL | The Stochastics value for WWW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for WWW suggests some volalility. |
| Average Directional Index/ADX (14) | 42.46 | POSITIVE | The high ADX value value for WWW 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)
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 |
|---|---|---|---|
| 31.38 | 30.50 | 0.88 (2.81%) | 25.00% |
| An entry @31.38. This is a Buy Stop order right above the 10 day moving average. | An exit @30.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 2.81%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WWW. 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.
30.53
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.03%
1 Week-4.14%
2 Weeks-5.77%
1 Month7.2%
3 Month76.68%
6 Month128.52%
12 Month107.55%
2 Year278.78%
3 Year98.38%
5 Year18.15%
10 Year41.08%
15 Year110.48%
Volatility
ATR(14)0.94
ATR(20)%3.11%
ATR Inc-15.31%
Range Today0.75
ADR(20)0.94
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.92
Mansfield4.2
10 Day High32.8
10 Day Low30.19
20 Day High32.8
20 Day Low27.6
52 Week High32.8
52 Week Low9.58
CS1 End30.52
CR1 Start31.94
Volume & EV
DER(3)2.04%
DER(5)1.92%
Volume1.63M
Volume Incr-18.74%
Vol(5)1.42M
Vol(50)1.76M