WEYERHAEUSER CO (WY) Stock Technical Analysis
NYSE:WY - New York Stock Exchange, Inc. - US9621661043 - REIT - Currency: USD
Overall WY gets a technical rating of 2 out of 10. In the past year, WY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WY is a bad performer in the overall market: 75% of all stocks are doing better.
WY is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 75% are performing better than WY.
WY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WY has an average volume of 4169940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WY has a been trading in the 25.16 - 27.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of WY is bad and it also does not present a 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
24.44
32.21
We found 3 important support areas.
- A support zone ranging from 26.13 to 26.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.54 from a horizontal line in the daily time frame.
- A support zone ranging from 24.69 to 24.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- Resistance @26.75 from a trend line in the daily time frame.
- Resistance @27.58 from a horizontal line in the daily time frame.
- Resistance @28.36 from a trend line in the weekly time frame.
- Resistance @29.39 from a trend line in the daily time frame.
- A resistance zone ranging from 30.43 to 30.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @31.89 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 | NEUTRAL | NEUTRAL | The short term trend for WY is neutral. |
| ChartMill Relative Strength | 25.94 | NEGATIVE | WY has a low relative strength, it was outperformed by 74.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WY is above the rising 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) | 54.12 | NEUTRAL | The RSI value for WY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.46 | NEUTRAL | The Stochastics value for WY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for WY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for WY suggests a weak or negative 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)
26.7
+0.46 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.75%
1 Week2.42%
2 Weeks3.21%
1 Month3.25%
3 Month1.68%
6 Month-5.85%
12 Month-2.73%
2 Year-21.61%
3 Year-26.49%
5 Year-3.99%
10 Year-13%
15 Year64.61%
Volatility
ATR(14)0.61
ATR(20)%2.32%
ATR Inc100.05%
Range Today0.6
ADR(20)0.61
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.94
Mansfield-1.58
10 Day High26.85
10 Day Low25.16
20 Day High27.86
20 Day Low25.16
52 Week High34.03
52 Week Low24.1
CS1 End25.54
CR1 Start26.08
Volume & EV
DER(3)1.52%
DER(5)2.47%
Volume3.69M
Volume Incr40.4%
Vol(5)5.72M
Vol(50)4.17M