Fri 19'th Oct 2018
Weight Watchers International, Inc Stock Analysis
Technical stock analysis for Fri 19'th Oct 2018
|Shorts||3.05% ( 2018-09-28 )|
|Loans||1 916.3 mill|
Weight Watchers International, Inc gained 0.58% in the last trading day, rising from $66.05 to $66.43 The price has risen in 6 of the last 10 days , but is still down by -3.16% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 75 301 more shares were traded than the day before. In total, 971 725 shares bought and sold for approximately $64.55 million.
Weight Watchers International, Inc 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 -25.61% during the next 3 months and, with 90% probability hold a price between $39.69 and $53.38 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday October 18, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Weight Watchers International, 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 $69.59. On a fall, the stock will find some support from the short-term average at $66.36. 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.
Relative Strength Index (RSI)
RSI14 is 36 and the stock is currently not being overbought or oversold
Support & Resistance
Weight Watchers International, Inc finds support from accumulated volume at $66.16.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.87 between high and low, or 2.83%. For the last week, the stock has had a daily average volatility of 3.40%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Weight Watchers International, Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.Click for Top 5 Sell Candidates
|WTW $66.43 $0.38(0.58%)|
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