WOLVERINE WORLD WIDE INC (WWW) Stock Technical Analysis
USA - NYSE:WWW - US9780971035 - Common Stock
We assign a technical rating of 0 out of 10 to WWW. WWW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of WWW is bad and it also does not present a quality setup 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
11.62
We found 3 important support areas.
- A support zone ranging from 15.61 to 15.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.16 from a trend line in the weekly time frame.
- Support @11.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.93 to 25.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 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 | 7.27 | NEGATIVE | WWW has a low relative strength, it was outperformed by 92.73% off all stocks 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) | 20.22 | OVERSOLD | The low RSI value suggests WWW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests WWW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.96 | OVERSOLD | The low Stochastics value suggests WWW may be oversold. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for WWW suggests high volalility. |
| Average Directional Index/ADX (14) | 48.91 | POSITIVE | The high ADX value value for WWW suggests a strong trend. |
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+0.25 (+1.59%)
WOLVERINE WORLD WIDE INC / WWW FAQ
What is the technical rating for WWW stock?
ChartMill assigns a technical rating of 0 / 10 to WWW.
What is the trend direction for 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 20.219. This indicates that the stock is currently oversold.
What is the buy/sell signal for WOLVERINE WORLD WIDE INC (WWW) stock?
The buy/sell signal for WOLVERINE WORLD WIDE INC (WWW) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for WOLVERINE WORLD WIDE INC?
WOLVERINE WORLD WIDE INC (WWW) has a support level at 15.91 and a resistance level at 25.93. Check the full technical report for our detailed analysis of WWW support and resistance levels.