WEYCO GROUP INC (WEYS) Stock Technical Analysis
NASDAQ:WEYS - Nasdaq - US9621491003 - Common Stock
Taking everything into account, WEYS scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WEYS is only an average performer.
Warning: WEYS has an average volume of 18843 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
WEYS is part of the Distributors industry. There are 15 other stocks in this industry. WEYS outperforms 85% of them.
When comparing the performance of all stocks over the past year, WEYS turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
WEYS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEYS is lagging the market.
In the last month WEYS has a been trading in the 33.92 - 38.24 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.
Although the technical rating is only medium, WEYS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 36.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.68, a Stop Loss order could be placed below this zone.
More info and screens
28.30
39.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 34.82 to 35.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.48 to 33.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.60 from a horizontal line in the daily time frame.
- Support @29.98 from a trend line in the weekly time frame.
- Support @28.59 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 36.14 to 36.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @37.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.89 to 38.90. 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
CRS66.23
Mansfield0.05
10 Day High36.74
10 Day Low33.92
20 Day High38.24
20 Day Low33.92
52 Week High41.05
52 Week Low27.05
Performance
1 Week4.78%
2 Weeks-2.07%
1 Month1.18%
3 Month6.89%
6 Month7.24%
12 Month11.88%
2 Year32.18%
3 Year53.76%
5 Year58.85%
10 Year33.16%
15 Year59.49%
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)51.91
LBB33.75
UBB37.62
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.29 | 34.81 | 1.48 (4.08%) | 24.52% |
| An entry @36.29. This is a Buy Stop order right above the resistance zone. | An exit @34.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.48 points, which is 4.08%. | When investing 24.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of WEYS. 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.
WEYCO GROUP INC
NASDAQ:WEYS (1/21/2025, 8:00:02 PM)
After market: 35.98 0 (0%)35.98
+0.7 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg1.98%
1 Week4.78%
2 Weeks-2.07%
1 Month1.18%
3 Month6.89%
6 Month7.24%
12 Month11.88%
2 Year32.18%
3 Year53.76%
5 Year58.85%
10 Year33.16%
15 Year59.49%
Volatility
ATR(14)1.12
ATR(20)%3.21%
ATR Inc6.9%
Range Today1.06
ADR(20)1.1
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.23
Mansfield0.05
10 Day High36.74
10 Day Low33.92
20 Day High38.24
20 Day Low33.92
52 Week High41.05
52 Week Low27.05
CS1 End35.68
CR1 Start36.14
Volume & EV
DER(3)-2.82%
DER(5)-1.82%
Volume8.30K
Volume Incr-53.24%
Vol(5)8.80K
Vol(50)18.84K