WOLVERINE WORLD WIDE INC (WWW)

US9780971035 - Common Stock

22.35  -0.06 (-0.27%)

After market: 22.35 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, WWW scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

WWW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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!
Looking at the yearly performance, WWW did better than 95% of all other stocks. On top of that, WWW also shows a nice and consistent pattern of rising prices.
WWW is part of the Textiles, Apparel & Luxury Goods industry. There are 49 other stocks in this industry. WWW outperforms 97% of them.
WWW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WWW is lagging the market slightly.
WWW has an average volume of 1195050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WWW Weekly chart
WWW Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, WWW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

15.70

24.49

We found 4 important support areas.

  • A support zone ranging from 22.05 to 22.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.67 to 17.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.08 from a trend line in the weekly time frame.
  • Support @15.86 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 22.57 to 22.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @24.25 from a horizontal 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
CRS95.92
Mansfield4.35
10 Day High23.39
10 Day Low21.89
20 Day High24.64
20 Day Low21.76
52 Week High24.64
52 Week Low7.88
Performance
1 Week-0.58%
2 Weeks-0.45%
1 Month-2.74%
3 Month35.29%
6 Month75.85%
12 Month150%
2 Year38.56%
3 Year-15.63%
5 Year-29.2%
10 Year-20.6%
15 Year69%
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)49.54
LBB21.81
UBB23.48
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
22.8522.040.81 (3.54%)25.00%
An entry @22.85. This is a Buy Stop order right above the resistance zone.An exit @22.04. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.81 points, which is 3.54%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%.

  • The distance between exit and entry is rather small compared to the average daily movement of WWW. 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.
WWW Daily chart

WOLVERINE WORLD WIDE INC

NYSE:WWW (1/6/2025, 7:06:19 PM)

After market: 22.35 0 (0%)

22.35

-0.06 (-0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.27%
1 Week-0.58%
2 Weeks-0.45%
1 Month-2.74%
3 Month35.29%
6 Month75.85%
12 Month150%
2 Year38.56%
3 Year-15.63%
5 Year-29.2%
10 Year-20.6%
15 Year69%
Volatility
ATR(14)0.78
ATR(20)%3.69%
ATR Inc-15.22%
Range Today0.88
ADR(20)0.77
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.92
Mansfield4.35
10 Day High23.39
10 Day Low21.89
20 Day High24.64
20 Day Low21.76
52 Week High24.64
52 Week Low7.88
CS1 End22.34
CR1 Start22.57
Volume & EV
DER(3)2.37%
DER(5)-0.29%
Volume1.50M
Volume Incr-15.18%
Vol(5)1.02M
Vol(50)1.20M