WAYFAIR INC. CLASS A

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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Type:	Stocks
Ticker:	W
ISIN:

WAYFAIR INC. CLASS A - Daily - Technical analysis published on 08/29/2020 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 290.25 USD

My targets

314.40 USD (+1.11%)

361.38 USD (+16.22%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WAYFAIR INC. CLASS A as long as the price remains well above 290.25 USD. The buyers” bullish objective is set at 314.40 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 361.38 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WAYFAIR INC. CLASS A price is 310.94 USD. The price registered a decrease of -6.14% on the session and was between 310.45 USD and 333.98 USD. This implies that the price is at +0.16% from its lowest and at -6.90% from its highest.

310.45

333.98

310.94

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this WAYFAIR INC. CLASS A chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Black evening star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	80.48	110.14	171.57	310.94	312.70
Change (%)	-74.12%	-64.58%	-44.82%	-	+0.57%
Change	-230.46	-200.80	-139.37	-	+1.76
Level	Intermediate	Major	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	307.31	316.60	323.95	333.24	340.59	349.88	357.23
Camarilla	326.71	328.24	329.77	331.29	332.82	334.34	335.87
Woodie	306.33	316.12	322.97	332.76	339.61	349.40	356.25
Fibonacci	316.60	322.96	326.89	333.24	339.60	343.53	349.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	289.50	300.10	320.38	330.98	351.26	361.86	382.14
Camarilla	332.17	335.00	337.83	340.66	343.49	346.32	349.15
Woodie	294.34	302.52	325.22	333.40	356.10	364.28	386.98
Fibonacci	300.10	311.90	319.18	330.98	342.78	350.06	361.86

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	147.99	172.14	219.12	243.27	290.25	314.40	361.38
Camarilla	246.53	253.05	259.57	266.09	272.61	279.13	285.65
Woodie	159.40	177.85	230.53	248.98	301.66	320.11	372.79
Fibonacci	172.14	199.32	216.10	243.27	270.45	287.23	314.40

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.32
MACD (12,26,9):	22.0600
Directional Movement:	14.33
AROON (14):	64.29
DEMA (21):	341.75
Parabolic SAR (0,02-0,02-0,2):	348.62
Elder Ray (13):	0.50
Super Trend (3,10):	295.95
Zig ZAG (10):	310.94
VORTEX (21):	1.1600
Stochastique (14,3,5):	68.17
TEMA (21):	342.53
Williams %R (14):	-58.17
Chande Momentum Oscillator (20):	9.20
Repulse (5,40,3):	-9.7700
ROCnROLL:	-1
TRIX (15,9):	1.3900
Courbe Coppock:	22.42

MA7:	332.90
MA20:	316.93
MA50:	259.07
MA100:	204.50
MAexp7:	327.52
MAexp20:	310.73
MAexp50:	267.37
MAexp100:	219.42
Price / MA7:	-6.60%
Price / MA20:	-1.89%
Price / MA50:	+20.02%
Price / MA100:	+52.05%
Price / MAexp7:	-5.06%
Price / MAexp20:	+0.07%
Price / MAexp50:	+16.30%
Price / MAexp100:	+41.71%

Quotes : 2020-08-28 19:59:59 - 15 min delayed data - NYSE Stocks

News

Don"t forget to follow the news on WAYFAIR INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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