WEYERHAEUSER CO (WY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WY - US9621661043 - REIT
We assign a technical rating of 0 out of 10 to WY. WY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WY has a poor technical rating and the quality of the setup is also only medium 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.
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21.56
8 important resistance areas can be observed.
- A resistance zone ranging from 22.00 to 22.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.06 to 23.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.60 to 24.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.76 from a trend line in the weekly time frame.
- Resistance @25.18 from a horizontal line in the daily time frame.
- Resistance @25.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.80 to 26.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.58 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 | 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 | 14.43 | NEGATIVE | WY has a low relative strength, it was outperformed by 85.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WY is below 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) | 35.66 | NEUTRAL | The RSI value for WY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.34 | OVERSOLD | The low Stochastics value suggests WY may be oversold. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WY suggests some volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for WY suggests a strong trend. |
21.78
+0.41 (+1.92%)
WEYERHAEUSER CO / WY FAQ
Can you provide the ChartMill technical rating for WEYERHAEUSER CO?
ChartMill assigns a technical rating of 0 / 10 to WY.
What is the trend direction for WY stock?
The current trend direction for WEYERHAEUSER CO (WY) is Bearish.
What is the RSI signal for WEYERHAEUSER CO (WY) stock?
WEYERHAEUSER CO (WY) has an RSI value of 35.6624. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WEYERHAEUSER CO?
The MACD indicator for WEYERHAEUSER CO (WY) has a value of -0.0641175, indicating a bearish trend.
What are the support and resistance levels for WEYERHAEUSER CO (WY) stock?
WEYERHAEUSER CO (WY) has a resistance level at 22. Check the full technical report for our detailed analysis of WY support and resistance levels.