WING - Wingstop Inc.

Industry: Restaurants Sector: Services Exchange: NASDAQ

WING - Wingstop Inc.

Industry: Restaurants Sector: Services Exchange: NASDAQ
#4606()/6981

Fri 20'th Jul 2018

PERIOD 2018-04-23 - 2018-07-20
CHANGE -1.23%
PRICE $52.13
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

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Wingstop Inc. Stock Analysis

Technical stock analysis for Fri 20'th Jul 2018

Sell candidate since 2018-07-20
Shorts 6.63% ( 2018-06-29 )
Cash 9.0 mill
Loans 281.2 mill
Beta 0.97
ROA 21.63

Wingstop Inc. fell by -1.23% in the last day from $52.78 to $52.13 The price has been going up and down for this period, and there has been a -1.92% loss for the last 2 weeks. Volume has increased in the last day by 6 748 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 326 877 shares bought and sold for approximately $17.04 million.

Trend

Wingstop Inc. lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.9% during the next 3 months and, with 90% probability hold a price between $52.02 and $58.26 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Wingstop Inc. holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $52.22. On a fall, the stock will find some support from the short-term average at $52.09. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Thursday July 19, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Wingstop Inc. finds support from accumulated volume at $50.38.

Support: $50.38 Price: $52.13 Resistance: $53.06

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.20 (2.30%) between high and low. For the last week, the stock has had a daily average volatility of 2.78%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

The Wingstop Inc. stock holds several negative signals and despite the positive trend we believe Wingstop Inc. will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.

Sell Candidate

Click for Top 5 Sell Candidates
WING $52.13 $-0.65(-1.23%)
WING is down $0.65 today, but where's it headed in August?
Zacks Investment Research is releasing its prediction for WING based on the 1-3 month system that more than doubles the S&P 500.

Click here – the WING analysis is free »
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