WALGREENS BOOTS ALLIANCE INC (WBA) Stock Technical Analysis
NASDAQ:WBA - Nasdaq - US9314271084 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to WBA. In the last year, WBA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
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 part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, of which 84% are performing better than WBA.
WBA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
WBA has an average volume of 21014500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month WBA has a been trading in the 10.02 - 11.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WBA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.81, a Stop Loss order could be placed below this zone.
More info and screens
8.17
11.51
4 important support areas can be observed.
- A support zone ranging from 10.54 to 10.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.31 from a trend line in the daily time frame.
- Support @9.19 from a horizontal line in the daily time frame.
- Support @8.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.38 to 11.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.04
Mansfield0.16
10 Day High10.98
10 Day Low10.02
20 Day High11.22
20 Day Low10.02
52 Week High18.83
52 Week Low8.08
Performance
1 Week1.87%
2 Weeks-1.54%
1 Month-2.07%
3 Month-13.02%
6 Month0.93%
12 Month-40.3%
2 Year-69.11%
3 Year-74.32%
5 Year-74.84%
10 Year-86.87%
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)-0.02
RSI(14)49.61
LBB10.5
UBB11.25
10.89
+0.09 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.83%
1 Week1.87%
2 Weeks-1.54%
1 Month-2.07%
3 Month-13.02%
6 Month0.93%
12 Month-40.3%
2 Year-69.11%
3 Year-74.32%
5 Year-74.84%
10 Year-86.87%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.93%
ATR Inc-59.49%
Range Today0.12
ADR(20)0.2
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.04
Mansfield0.16
10 Day High10.98
10 Day Low10.02
20 Day High11.22
20 Day Low10.02
52 Week High18.83
52 Week Low8.08
CS1 End10.81
CR1 Start11.38
Volume & EV
DER(3)-0.17%
DER(5)-1.3%
Volume7.86M
Volume Incr-40.2%
Vol(5)9.83M
Vol(50)21.01M