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 WRBY
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Warby Parker Inc. stock price ended at $13.61 on Thursday, after gaining 2.72%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 2.72% PDF

The Warby Parker Inc. stock price gained 2.72% on the last trading day (Thursday, 28th Mar 2024), rising from $13.25 to $13.61. During the last trading day the stock fluctuated 3.39% from a day low at $13.26 to a day high of $13.71. The price has risen in 8 of the last 10 days and is up by 16.03% over the past 2 weeks. Volume fell on the last day by -227 thousand shares and in total, 1 million shares were bought and sold for approximately $16.68 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 middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.94% during the next 3 months and, with a 90% probability hold a price between $9.90 and $12.83 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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WRBY Signals & Forecast

Mostly positive signals in the chart today. The Warby Parker Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $12.89 and $13.05. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 12, 2024, and so far it has risen 18.76%. 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. The stock had a Golden Star Signal on Friday, June 30, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, June 30, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Warby Parker Inc. stock

Warby Parker Inc. finds support from accumulated volume at $13.25 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 $0.450 between high and low, or 3.39%. For the last week, the stock has had daily average volatility of 3.54%.

Our recommended stop-loss: $13.19 (-3.08%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (WRBY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Warby Parker Inc. to open at $13.53, and during the day (based on 14 day Average True Range), to move between $13.07 and $14.15, which gives a possible trading interval of +/-$0.540 (+/-3.97%) up or down from last closing price. If Warby Parker Inc. takes out the full calculated possible swing range there will be an estimated 7.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.25 (2.65%) than the resistance at $14.10 (3.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Warby Parker Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.787 Buy Candidate Unchanged

Predicted Opening Price for Warby Parker Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$13.53 ( 0.612%) $13.61

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

Trading levels for WRBY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.98 2.69 %
R2 13.80 1.43 %
R1 13.70 0.651 %
Current price: 13.61
Support S1 13.35 -1.88 %
S2 13.25 -2.66 %
S3 13.08 -3.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.90 9.48 %
R2 14.50 6.54 %
R1 14.10 3.60 %
Current price 13.61
Support S1 13.25 -2.65%
S2 12.79 -6.02%
S3 12.75 -6.32%

FAQ

What is the symbol for Warby Parker Inc. Stock and on which exchange is it traded?
The symbol for Warby Parker Inc. is WRBY and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Warby Parker Inc. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Warby Parker Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Warby Parker Inc. (WRBY) share was $13.61.

What is the 52-week high and low for Warby Parker Inc. Stock?
The 52-week high for Warby Parker Inc. Stock is $16.49 and the 52-week low is $9.83.

What is the market capitalization of Warby Parker Inc. Stock?
As of the 2024-03-28, the market capitalization of Warby Parker Inc. is 1.608B.

When is the next earnings date for Warby Parker Inc.?
The upcoming earnings date for Warby Parker Inc. is May 14, 2024.
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About Warby Parker Inc.

Warby Parker. Warby Parker Inc. provides eyewear products. It offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, and contact lenses, as well as accessories, including cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray. The company also offers eye exams and vision tests directly to consumers through its retail stores, website, and mobile apps. As of May 16, 2022, it had 160 retail stores in the United State... WRBY Profile

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