WY Technical Analysis - WEYERHAEUSER CO

Technical Rating and Analysis

Overall WY gets a technical rating of 0 out of 10. WY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

86% of all other stocks performed better in the past year than WY.

WY is part of the Specialized REITs industry. There are 29 other stocks in this industry, of which 75% are performing better than WY.

WY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

WY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

WY has an average volume of 4397700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, WY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.42. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WY in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

23.86

27.24

We found 1 important support area.

A support zone ranging from 24.10 to 24.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 25.42 to 25.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 26.41 to 26.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	DOWN	NEGATIVE	The long term trend for WY is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for WY is down.
ChartMill Relative Strength	14.49	NEGATIVE	WY has a low relative strength, it was outperformed by 85.51% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of WY is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of WY is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of WY is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.03	NEUTRAL	The RSI value for WY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests WY has a positive trend.
Stochastics (14,3)	49.95	NEUTRAL	The Stochastics value for WY is a neutral value.
Average True Range in percent/ATR (20)	2.39	MEDIUM VOLATILITY	The ATR as a percentage value for WY suggests some volalility.
Average Directional Index/ADX (14)	11.99	NEGATIVE	The low ADX value for WY suggests a weak or negative trend.