Logo image of WBA

WALGREENS BOOTS ALLIANCE INC (WBA) Stock Technical Analysis

NASDAQ:WBA - Nasdaq - US9314271084 - Common Stock - Currency: USD

10.925  -0.94 (-7.96%)

Technical Rating and Analysis

6

Taking everything into account, WBA scores 6 out of 10 in our technical rating. In the last year, WBA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, WBA is a bad performer in the overall market: 80% of all stocks are doing better.
WBA is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 62% of 41 stocks in the same industry do better.
WBA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WBA is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WBA has an average volume of 25342700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WBA has a been trading in the 9.07 - 13.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WALGREENS BOOTS ALLIANCE INC / WBA Weekly stock chart
WALGREENS BOOTS ALLIANCE INC / WBA Daily stock chart
Setup Rating and Analysis

3

WBA has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

8.17

13.07

2 important support areas can be observed.

  • Support @10.24 from a trend line in the daily time frame.
  • Support @8.25 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • Resistance @11.36 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 11.78 to 11.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @12.53 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 12.77 to 12.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
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
CRS20.17
Mansfield-2.32
10 Day High13.25
10 Day Low10.5
20 Day High13.25
20 Day Low9.07
52 Week High23.77
52 Week Low8.08
Performance
1 Week-8.2%
2 Weeks28.74%
1 Month27.63%
3 Month28.19%
6 Month0.42%
12 Month-48.05%
2 Year-67.8%
3 Year-76.15%
5 Year-76.66%
10 Year-83.91%
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)0.07
RSI(14)60.84
LBB8.84
UBB13.78
WALGREENS BOOTS ALLIANCE INC / WBA Daily stock chart

WALGREENS BOOTS ALLIANCE INC

NASDAQ:WBA (1/27/2025, 10:58:09 AM)

10.925

-0.94 (-7.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-7.96%
1 Week-8.2%
2 Weeks28.74%
1 Month27.63%
3 Month28.19%
6 Month0.42%
12 Month-48.05%
2 Year-67.8%
3 Year-76.15%
5 Year-76.66%
10 Year-83.91%
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%5.8%
ATR Inc-43.77%
Range Today1.47
ADR(20)0.57
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.17
Mansfield-2.32
10 Day High13.25
10 Day Low10.5
20 Day High13.25
20 Day Low9.07
52 Week High23.77
52 Week Low8.08
CS1 End11.86
CR1 Start12.53
Volume & EV
DER(3)2.63%
DER(5)-1.12%
Volume17.68M
Volume Incr9.45%
Vol(5)27.33M
Vol(50)25.34M