WOLVERINE WORLD WIDE INC (WWW) Technical Analysis
NYSE:WWW • US9780971035
Current stock price
WWW Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WWW. WWW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- WWW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WWW is lagging the market.
- WWW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- WWW has an average volume of 1457010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, WWW outperforms 52% of them, which is more or less in line with the market.
- WWW is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, WWW did better than 65% of them.
WWW Weekly and Daily overview Charts
WWW Setup Rating and Analysis
WWW has a poor technical rating and the quality of the setup is also 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
WWW Support and Resistance Analysis
15.28
When analyzing the support we notice one important area.
- Support @15.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.95 from a trend line in the daily time frame.
- Resistance @16.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.16 to 18.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
WWW 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 | DOWN | NEGATIVE | The long term trend for WWW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WWW is down. |
| ChartMill Relative Strength | 52.44 | NEUTRAL | WWW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WWW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.16 | NEUTRAL | The RSI value for WWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WWW has a negative trend. |
| Stochastics (14,3) | 21.51 | NEUTRAL | The Stochastics value for WWW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for WWW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.55 | NEGATIVE | The low ADX value for WWW suggests a weak or negative trend. |
WWW Chart- and CandleStick Pattern Analysis
WWW Technicals: Chart, Performance Metrics, Trend & Indicators
15.89
-0.61 (-3.7%)
WOLVERINE WORLD WIDE INC / WWW TA FAQ
What is the technical rating for WWW stock?
ChartMill assigns a technical rating of 1 / 10 to WWW.
What is the current trend direction of WOLVERINE WORLD WIDE INC (WWW) stock?
The current trend direction for WOLVERINE WORLD WIDE INC (WWW) is Bearish.
What is the RSI signal for WWW stock?
WOLVERINE WORLD WIDE INC (WWW) has an RSI value of 39.1589. This indicates that the stock is currently neutral.
What is the short term momentum for WWW stock?
The short term momentum for WOLVERINE WORLD WIDE INC (WWW) is negative.
Can you provide the support and resistance levels for WOLVERINE WORLD WIDE INC?
WOLVERINE WORLD WIDE INC (WWW) has a support level at 15.43 and a resistance level at 15.95. Check the full technical report for our detailed analysis of WWW support and resistance levels.