WOLVERINE WORLD WIDE INC (WWW) Stock Technical Analysis
NYSE:WWW - New York Stock Exchange, Inc. - US9780971035 - Common Stock - Currency: USD
Taking everything into account, WWW scores 7 out of 10 in our technical rating. Although WWW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WWW is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 82% of 48 stocks in the same industry.
In the last month WWW has a been trading in the 12.15 - 17.61 range, which is quite wide. It is currently trading near the high of this range.
WWW has an average volume of 1621280 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 87% of all 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.
WWW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.12. Right above this resistance zone may be a good entry point.
More info and screens
10.90
23.98
We found 2 important support areas.
- A support zone ranging from 16.62 to 16.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.12 to 17.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.74 from a horizontal 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 | 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 | 87.71 | POSITIVE | WWW has a high relative strength, it outperformed 87.71% 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 | MIXED | The current price of WWW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.84 | NEUTRAL | The RSI value for WWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests WWW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests WWW may be overbought. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WWW suggests some volalility. |
| Average Directional Index/ADX (14) | 37.88 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.29 | 16.61 | 0.68 (3.93%) | 25.00% |
| An entry @17.29. This is a Buy Stop order right above the resistance zone. | An exit @16.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 3.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The distance between exit and entry is rather small compared to the average daily movement of WWW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:WWW (5/22/2025, 2:05:19 PM)
16.74
+0.11 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.66%
1 Week0.91%
2 Weeks12.36%
1 Month34.55%
3 Month9.7%
6 Month-28.93%
12 Month23.64%
2 Year24.29%
3 Year-22.07%
5 Year-20.58%
10 Year-43.4%
15 Year15.89%
Volatility
ATR(14)0.81
ATR(20)%4.39%
ATR Inc-25.73%
Range Today0.42
ADR(20)0.62
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.71
Mansfield-0.12
10 Day High17.61
10 Day Low15.2
20 Day High17.61
20 Day Low12.15
52 Week High24.64
52 Week Low9.58
CS1 End16.62
CR1 Start17.12
Volume & EV
DER(3)-0.52%
DER(5)0.43%
Volume266.10K
Volume Incr-37.32%
Vol(5)1.10M
Vol(50)1.62M