WOLVERINE WORLD WIDE INC (WWW) Stock Technical Analysis
NYSE:WWW - New York Stock Exchange, Inc. - US9780971035 - Common Stock - Currency: USD
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 96% of all other stocks. We also observe that the gains produced by WWW over the past year are nicely spread over this period.
WWW is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. WWW outperforms 93% of them.
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.
In the last month WWW has a been trading in the 18.87 - 28.57 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WWW has an average volume of 1630950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WWW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.24
27.71
We found 2 important support areas.
- Support @23.40 from a trend line in the daily time frame.
- Support @21.45 from a trend line 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 | 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 | 96.57 | POSITIVE | WWW has a high relative strength, it outperformed 96.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WWW is above 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) | 78.6 | OVERBOUGHT | The high RSI value suggests WWW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests WWW has a positive trend. |
| Stochastics (14,3) | 90.05 | OVERBOUGHT | The high Stochastics value suggests WWW may be overbought. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for WWW suggests some volalility. |
| Average Directional Index/ADX (14) | 43.07 | 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)
27.44
-0.31 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.12%
1 Week23.83%
2 Weeks18.07%
1 Month41.44%
3 Month79.46%
6 Month31.04%
12 Month117.95%
2 Year239.6%
3 Year40.43%
5 Year9.85%
10 Year1.82%
15 Year117.18%
Volatility
ATR(14)1.24
ATR(20)%4.04%
ATR Inc29.53%
Range Today1.33
ADR(20)0.99
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
Mansfield4.11
10 Day High28.57
10 Day Low21.61
20 Day High28.57
20 Day Low18.87
52 Week High28.57
52 Week Low9.58
CS1 End23.4
CR1 StartN/A
Volume & EV
DER(3)1.77%
DER(5)1.84%
Volume3.34M
Volume Incr154.42%
Vol(5)3.79M
Vol(50)1.63M