GUIDEWIRE SOFTWARE INC (GWRE)

US40171V1008 - Common Stock

197.23  +0.86 (+0.44%)

Premarket: 196.45 -0.78 (-0.4%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GWRE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GWRE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GWRE did better than 95% of all other stocks. We also observe that the gains produced by GWRE over the past year are nicely spread over this period.
GWRE is one of the better performing stocks in the Software industry, it outperforms 85% of 279 stocks in the same industry.
GWRE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GWRE has a been trading in the 184.55 - 199.33 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
GWRE Weekly chart
GWRE Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, GWRE also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 195.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GWRE 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.
Support and Resistance Analysis

132.90

199.21

We found 4 important support areas.

  • A support zone ranging from 195.06 to 195.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 185.15 to 186.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @174.20 from a trend line in the daily time frame.
  • Support @134.24 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 197.24 to 197.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.3
Mansfield3.08
10 Day High199.33
10 Day Low191.21
20 Day High199.33
20 Day Low184.55
52 Week High199.33
52 Week Low95.02
Performance
1 Week0.41%
2 Weeks2.78%
1 Month5.53%
3 Month35.26%
6 Month63.11%
12 Month102.75%
2 Year232.54%
3 Year69.53%
5 Year61.89%
10 Year290.79%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)68.35
LBB185.08
UBB200.97
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
197.25195.052.20 (1.12%)25.00%
An entry @197.25. This is a Buy Stop order right above the resistance zone.An exit @195.05. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.20 points, which is 1.12%.For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of GWRE. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GWRE Daily chart

GUIDEWIRE SOFTWARE INC

NYSE:GWRE (11/20/2024, 8:04:00 PM)

Premarket: 196.45 -0.78 (-0.4%)

197.23

+0.86 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.44%
1 Week0.41%
2 Weeks2.78%
1 Month5.53%
3 Month35.26%
6 Month63.11%
12 Month102.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.23
ATR(20)%1.55%
ATR Inc
Range Today2.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High199.33
10 Day Low191.21
20 Day High199.33
20 Day Low184.55
52 Week High199.33
52 Week Low95.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume454.60K
Volume Incr14.07%
Vol(5)799.64K
Vol(50)818.52K