WOLVERINE WORLD WIDE INC (WWW)

US9780971035 - Common Stock

23.4  +0.52 (+2.27%)

After market: 23.4 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, WWW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WWW has proven to be a steady performer, scoring decent points in every aspect analyzed.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WWW did better than 97% of all other stocks. We also observe that the gains produced by WWW over the past year are nicely spread over this period.
WWW is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. WWW outperforms 95% of them.
A new 52 week high is currently being made by WWW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month WWW has a been trading in the 15.22 - 23.73 range, which is quite wide. It is currently trading near the high of this range.
WWW has an average volume of 1441730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WWW Weekly chart
WWW Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, WWW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

14.68

23.63

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 21.51 to 21.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.22 from a trend line in the daily time frame.
  • Support @15.65 from a trend line in the weekly time frame.
  • Support @14.83 from a trend line 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
CRS97.78
Mansfield6.69
10 Day High23.73
10 Day Low21.24
20 Day High23.73
20 Day Low15.22
52 Week High23.73
52 Week Low7.58
Performance
1 Week7.39%
2 Weeks6.51%
1 Month48.01%
3 Month73.21%
6 Month73.98%
12 Month178.57%
2 Year108.93%
3 Year-24.83%
5 Year-27.1%
10 Year-23.3%
15 Year83.03%
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)0.27
RSI(14)77.88
LBB16.68
UBB25.85
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
23.7421.502.24 (9.44%)10.60%
An entry @23.74. This is a Buy Stop order right above the 10 day high.An exit @21.50. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.24 points, which is 9.44%.For a 1.00% total portfolio risk, you can invest 10.60% of your capital in this trade.

  • 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.
WWW Daily chart

WOLVERINE WORLD WIDE INC

NYSE:WWW (11/22/2024, 8:13:53 PM)

After market: 23.4 0 (0%)

23.4

+0.52 (+2.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.27%
1 Week7.39%
2 Weeks6.51%
1 Month48.01%
3 Month73.21%
6 Month73.98%
12 Month178.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.23
ATR(20)%4.32%
ATR Inc
Range Today0.92
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 High23.73
10 Day Low21.24
20 Day High23.73
20 Day Low15.22
52 Week High23.73
52 Week Low7.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr-38.06%
Vol(5)818.74K
Vol(50)1.44M