WEIS MARKETS INC (WMK) Stock Technical Analysis
NYSE:WMK - New York Stock Exchange, Inc. - US9488491047 - Common Stock - Currency: USD
Taking everything into account, WMK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, WMK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WMK is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, WMK also shows a nice and consistent pattern of rising prices.
WMK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WMK is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 48% of 40 stocks in the same industry.
WMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMK is lagging the market.
WMK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 72.13. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WMK 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.
More info and screens
60.19
76.69
4 important support areas can be observed.
- A support zone ranging from 68.78 to 69.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.08 to 64.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 62.11 to 62.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @60.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 72.13 to 72.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 73.77 to 75.93. 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
CRS72.4
Mansfield-0.08
10 Day High72.82
10 Day Low67.52
20 Day High72.82
20 Day Low62.96
52 Week High76.62
52 Week Low59.7
Performance
1 Week-1.16%
2 Weeks1.04%
1 Month12.82%
3 Month-0.15%
6 Month8.44%
12 Month16.51%
2 Year-6.37%
3 Year16.05%
5 Year92.13%
10 Year51.73%
15 Year105.07%
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)0.21
RSI(14)59.76
LBB68.3
UBB73.08
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 |
|---|---|---|---|
| 72.43 | 68.77 | 3.66 (5.05%) | 19.79% |
| An entry @72.43. This is a Buy Stop order right above the resistance zone. | An exit @68.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.66 points, which is 5.05%. | When investing 19.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
71.57
+0.2 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.28%
1 Week-1.16%
2 Weeks1.04%
1 Month12.82%
3 Month-0.15%
6 Month8.44%
12 Month16.51%
2 Year-6.37%
3 Year16.05%
5 Year92.13%
10 Year51.73%
15 Year105.07%
Volatility
ATR(14)1.57
ATR(20)%2.25%
ATR Inc6.8%
Range Today2.02
ADR(20)1.54
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.4
Mansfield-0.08
10 Day High72.82
10 Day Low67.52
20 Day High72.82
20 Day Low62.96
52 Week High76.62
52 Week Low59.7
CS1 End69.48
CR1 Start72.13
Volume & EV
DER(3)4.99%
DER(5)2.64%
Volume104.10K
Volume Incr-12.05%
Vol(5)71.58K
Vol(50)76.24K