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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WEN
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Wendy stock upgraded to Hold/Accumulate.
(Updated on Jun 11, 2024)

Hold candidate since Jun 11, 2024 PDF

The Wendy stock price gained 0.549% on the last trading day (Tuesday, 11th Jun 2024), rising from $16.40 to $16.49. During the last trading day the stock fluctuated 1.91% from a day low at $16.23 to a day high of $16.54. The price has fallen in 6 of the last 10 days and is down by -4.41% for this period. Volume fell on the last day by -2 million shares and in total, 4 million shares were bought and sold for approximately $61.24 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $16.38 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.52% during the next 3 months and, with a 90% probability hold a price between $15.31 and $18.20 at the end of this 3-month period.

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WEN Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 0.549%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Wendy stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $16.87 and $18.41. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Wendy stock

Wendy finds support from accumulated volume at $16.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.310 between high and low, or 1.91%. For the last week, the stock has had daily average volatility of 2.41%.

Our recommended stop-loss: $15.52 (-5.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (WEN) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Wendy to open at $16.42, and during the day (based on 14 day Average True Range), to move between $16.07 and $16.91, which gives a possible trading interval of +/-$0.423 (+/-2.56%) up or down from last closing price. If Wendy takes out the full calculated possible swing range there will be an estimated 5.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.40 (0.55%) than the resistance at $18.60 (12.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Wendy stock A Buy?

Wendy holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.349 Hold/Accumulate Upgraded

Predicted Opening Price for Wendy of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$16.42 ( 0.445%) $16.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for WEN

Fibonacci Support & Resistance Levels

Level Price
R3 16.73 1.44%
R2 16.61 0.717%
R1 16.54 0.273%
Price 16.49
S1 16.30 -1.16%
S2 16.23 -1.61%
S3 16.11 -2.32%

Accumulated Volume Support & Resistance Levels

Level Price
R3 19.62 18.98%
R2 19.00 15.22%
R1 18.60 12.80%
Price 16.49
S1 16.40 -0.546%
S2 0 -
S3 0 -

WEN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2024 Jun 03, 2024 Jun 17, 2024 $0.250 1.52%
2 Feb 15, 2024 Feb 29, 2024 Mar 15, 2024 $0.250 1.36%
3 Nov 02, 2023 Nov 30, 2023 Dec 15, 2023 $0.250 1.25%
4 Aug 09, 2023 Aug 31, 2023 Sep 15, 2023 $0.250 1.24%
5 May 10, 2023 May 31, 2023 Jun 15, 2023 $0.250 1.13%

FAQ

What is the symbol for Wendy Stock and on which exchange is it traded?
The symbol for Wendy is WEN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Wendy Stock?
Wendy holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Wendy Stock?
Wendy Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Wendy Stock.

What's the current price of Wendy Stock?
As of the end of day on the Jun 11, 2024, the price of an Wendy (WEN) share was $16.49.

What is the 52-week high and low for Wendy Stock?
The 52-week high for Wendy Stock is $22.59 and the 52-week low is $16.23.

What is the market capitalization of Wendy Stock?
As of the Jun 11, 2024, the market capitalization of Wendy is 3.383B.

When is the next earnings date for Wendy?
The upcoming earnings date for Wendy is Aug 14, 2024.
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About Wendy

Wendy The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchi... WEN Profile

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