WY Technical Analysis - WEYERHAEUSER CO

Technical Rating and Analysis

Taking everything into account, WY scores 0 out of 10 in our technical rating. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, WY is a bad performer in the overall market: 87% of all stocks are doing better.

WY is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 82% 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.

In the last month WY has a been trading in the 23.23 - 25.35 range, which is quite wide. It is currently trading near the lows of this range.

WY has an average volume of 4300670 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. 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 24.26. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

23.27

27.86

5 important resistance areas can be observed.

A resistance zone ranging from 24.26 to 24.35. 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 24.81 to 25.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @26.20 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.

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What is Support and Resistance

Support and Resistance indicators

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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	13.54	NEGATIVE	WY has a low relative strength, it was outperformed by 86.46% 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)	38.77	NEUTRAL	The RSI value for WY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests WY has a negative trend, although the MACD value is rising.
Stochastics (14,3)	14.98	OVERSOLD	The low Stochastics value suggests WY may be oversold.
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)	14.57	NEGATIVE	The low ADX value for WY suggests a weak or negative trend.