WEYERHAEUSER CO (WY) Stock Technical Analysis
NYSE:WY - New York Stock Exchange, Inc. - US9621661043 - REIT - Currency: USD
Taking everything into account, WY scores 2 out of 10 in our technical rating. 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.
75% of all other stocks performed better in the past year than WY.
WY is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 79% are performing better than WY.
In the last month WY has a been trading in the 24.92 - 27.86 range, which is quite wide. It is currently trading near the high of this range.
WY has an average volume of 4193960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
WY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WY is lagging the market.
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
2 important support areas can be observed.
- A support zone ranging from 26.13 to 26.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @28.76 from a trend line in the weekly time frame.
- Resistance @29.73 from a trend line in the daily time frame.
- A resistance zone ranging from 30.65 to 31.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for WY is up. |
| ChartMill Relative Strength | 25.39 | NEGATIVE | WY has a low relative strength, it was outperformed by 74.61% 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) | DOWN | MIXED | The current price of WY is above 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) | 61.58 | NEUTRAL | The RSI value for WY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests WY has a positive trend. |
| Stochastics (14,3) | 88.46 | OVERBOUGHT | The high Stochastics value suggests WY may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for WY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for WY suggests a possible start of a new 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)
27.36
-0.22 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.8%
1 Week4.07%
2 Weeks5.68%
1 Month2.51%
3 Month-7.16%
6 Month-8.98%
12 Month-5.66%
2 Year-18.35%
3 Year-17.39%
5 Year21.82%
10 Year-13.14%
15 Year-22.27%
Volatility
ATR(14)0.54
ATR(20)%2.04%
ATR Inc13.84%
Range Today0.61
ADR(20)0.53
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.39
Mansfield-1.19
10 Day High27.86
10 Day Low25.32
20 Day High27.86
20 Day Low24.92
52 Week High34.03
52 Week Low24.1
CS1 End26.91
CR1 Start28.76
Volume & EV
DER(3)-0.73%
DER(5)0.54%
Volume3.03M
Volume Incr1.65%
Vol(5)4.08M
Vol(50)4.19M