WINGSTOP INC. - Daily - Technical analysis published on 02/13/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 157.70 USD
My targets
144.34 USD (-6.09%)
139.86 USD (-9.00%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 157.70 USD remains possible. It is advisable to trade WINGSTOP INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 157.70 USD. The next bearish objective for sellers is set at 144.34 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 139.86 USD. In case of crossing, the next objective would be the support located at 130.31 USD. PS: if there is a bullish break in the resistance located at 157.70 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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Additional analysis
Quotes
WINGSTOP INC. rating 153.70 USD. On the day, this instrument gained +1.03% with the lowest point at 150.90 USD and the highest point at 155.97 USD. The deviation from the price is +1.86% for the low point and -1.46% for the high point.150.90
155.97
153.70
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WINGSTOP INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this WINGSTOP INC. chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 139.86 | 144.34 | 151.48 | 153.70 | 157.70 | 166.16 | 176.50 |
| Change (%) | -9.00% | -6.09% | -1.44% | - | +2.60% | +8.11% | +14.83% |
| Change | -13.84 | -9.36 | -2.22 | - | +4.00 | +12.46 | +22.80 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 146.01 | 148.45 | 151.08 | 153.52 | 156.15 | 158.59 | 161.22 |
| Camarilla | 152.31 | 152.77 | 153.24 | 153.70 | 154.17 | 154.63 | 155.09 |
| Woodie | 146.10 | 148.50 | 151.17 | 153.57 | 156.24 | 158.64 | 161.31 |
| Fibonacci | 148.45 | 150.39 | 151.59 | 153.52 | 155.46 | 156.66 | 158.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.08 | 143.24 | 148.47 | 152.63 | 157.86 | 162.02 | 167.25 |
| Camarilla | 151.12 | 151.98 | 152.84 | 153.70 | 154.56 | 155.42 | 156.28 |
| Woodie | 139.62 | 143.51 | 149.01 | 152.90 | 158.40 | 162.29 | 167.79 |
| Fibonacci | 143.24 | 146.83 | 149.04 | 152.63 | 156.22 | 158.43 | 162.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.45 | 116.42 | 134.84 | 154.81 | 173.23 | 193.20 | 211.62 |
| Camarilla | 142.69 | 146.21 | 149.73 | 153.25 | 156.77 | 160.29 | 163.81 |
| Woodie | 95.67 | 116.03 | 134.06 | 154.42 | 172.45 | 192.81 | 210.84 |
| Fibonacci | 116.42 | 131.09 | 140.15 | 154.81 | 169.48 | 178.54 | 193.20 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.95 | |
| MACD (12,26,9): | -2.0500 | |
| Directional Movement: | 1.59 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 149.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 145.75 | |
| Elder Ray (13): | 1.89 | |
| Super Trend (3,10): | 160.62 | |
| Zig ZAG (10): | 153.70 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 73.61 | |
| TEMA (21): | 150.07 | |
| Williams %R (14): | -28.24 | |
| Chande Momentum Oscillator (20): | 8.91 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3200 | |
| Courbe Coppock: | 7.62 |
| MA7: | 150.98 | |
| MA20: | 149.05 | |
| MA50: | 159.52 | |
| MA100: | 164.01 | |
| MAexp7: | 151.81 | |
| MAexp20: | 152.44 | |
| MAexp50: | 157.42 | |
| MAexp100: | 160.50 | |
| Price / MA7: | +1.80% | |
| Price / MA20: | +3.12% | |
| Price / MA50: | -3.65% | |
| Price / MA100: | -6.29% | |
| Price / MAexp7: | +1.24% | |
| Price / MAexp20: | +0.83% | |
| Price / MAexp50: | -2.36% | |
| Price / MAexp100: | -4.24% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on WINGSTOP INC. at the time of the analysis were as follows:
- "Boneless" on Valentine's Day? Wingstop has you covered
- Wingstop Unveils "Restaurant of the Future"
- Wingstop Inc. to Announce Fiscal Fourth Quarter 2021 and Full Year 2021 Financial Results on February 16, 2022
- Wingstop Appoints First Chief People Officer
- Wingstop Opens First Restaurant in Manhattan
This member declared not having a position on this financial instrument or a related financial instrument.
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