WOLVERINE WORLD WIDE INC (WWW) Technical Analysis
NYSE:WWW • US9780971035
Current stock price
WWW Technical Rating and Analysis
Taking everything into account, WWW scores 6 out of 10 in our technical rating. WWW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month WWW has a been trading in the 15.42 - 18.64 range, which is quite wide. It is currently trading near the high of this range.
- WWW has an average volume of 1164890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that WWW is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- WWW is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 59% of 45 stocks in the same industry.
- WWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WWW is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WWW Weekly and Daily overview Charts
WWW Setup Rating and Analysis
WWW has an average technical rating and it also does not offer a high 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
WWW Support and Resistance Analysis
15.29
3 important support areas can be observed.
- A support zone ranging from 17.06 to 17.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.71 to 16.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @19.30 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WWW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WWW is up. |
| ChartMill Relative Strength | 80.76 | POSITIVE | WWW has a high relative strength, it outperformed 80.76% 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) | DOWN | MIXED | The current price of WWW is above 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) | 63.23 | NEUTRAL | The RSI value for WWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests WWW has a positive trend. |
| Stochastics (14,3) | 86.84 | OVERBOUGHT | The high Stochastics value suggests WWW may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for WWW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.26 | 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
18.05
+0.37 (+2.09%)
WOLVERINE WORLD WIDE INC / WWW TA FAQ
What is the technical rating for WWW stock?
ChartMill assigns a technical rating of 6 / 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 WOLVERINE WORLD WIDE INC (WWW) stock?
WOLVERINE WORLD WIDE INC (WWW) has an RSI value of 63.2317. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WOLVERINE WORLD WIDE INC?
The MACD indicator for WOLVERINE WORLD WIDE INC (WWW) has a value of 0.227633, indicating a bearish trend.