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 8 out of 10. In the last year, WWW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
WWW is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry. WWW outperforms 89% of them.
WWW has an average volume of 1572210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WWW did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
WWW is currently trading in the middle 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 slightly.
In the last month WWW has a been trading in the 15.96 - 19.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WWW has an excellent technical rating, it 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
11.04
18.98
When analyzing the support we can see 2 important areas.
- Support @16.36 from a horizontal line in the daily time frame.
- Support @11.15 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.65 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.62 to 18.79. This zone is formed by a combination of multiple trend lines 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 | 91.46 | POSITIVE | WWW has a high relative strength, it outperformed 91.46% 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 | MIXED | The current price of WWW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.91 | 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) | 63.39 | NEUTRAL | The Stochastics value for WWW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for WWW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.6 | 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)
17.28
-1.18 (-6.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-6.39%
1 Week-2.65%
2 Weeks1.29%
1 Month5.17%
3 Month29.34%
6 Month-26.5%
12 Month37.8%
2 Year17.63%
3 Year-14.29%
5 Year-27.43%
10 Year-39.33%
15 Year37.03%
Volatility
ATR(14)0.72
ATR(20)%4.05%
ATR Inc59.97%
Range Today1.31
ADR(20)0.63
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.46
Mansfield-0.07
10 Day High19.14
10 Day Low16.12
20 Day High19.14
20 Day Low15.96
52 Week High24.64
52 Week Low9.58
CS1 End16.36
CR1 Start17.65
Volume & EV
DER(3)-0.5%
DER(5)0.55%
Volume1.33M
Volume Incr13.15%
Vol(5)1.45M
Vol(50)1.57M