WENDY S CO.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	WEN
ISIN:

WENDY S CO. - Daily - Technical analysis published on 07/17/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bullish

Technical indicators

11%

56%

33%

My opinion

Bearish under 19.16 USD

My targets

18.42 USD (-3.61%)

17.51 USD (-8.37%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for WENDY S CO. as long as the price remains well below 19.16 USD. The next bearish objective for sellers is set at 18.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.51 USD. In case of crossing, the next objective would be the support located at 16.56 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 18.42 USD. With this support, against the trend traders who want to buy WENDY S CO. on a buy signal from their trading strategy should not hesitate to act.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WENDY S CO. rating is 19.11 USD. The price is lower by -0.52% since the last closing and was between 19.01 USD and 19.26 USD. This implies that the price is at +0.53% from its lowest and at -0.78% from its highest.

19.01

19.26

19.11

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of WENDY S CO. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near support of channel

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	16.56	17.51	18.42	19.11	19.16	19.88
Change (%)	-13.34%	-8.37%	-3.61%	-	+0.26%	+4.03%
Change	-2.55	-1.60	-0.69	-	+0.05	+0.77
Level	Major	Minor	Major	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.86	18.99	19.10	19.23	19.34	19.46	19.57
Camarilla	19.15	19.17	19.19	19.21	19.23	19.25	19.28
Woodie	18.86	18.99	19.09	19.22	19.33	19.46	19.56
Fibonacci	18.99	19.08	19.13	19.23	19.32	19.37	19.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.61	18.92	19.23	19.54	19.85	20.16	20.47
Camarilla	19.38	19.44	19.49	19.55	19.61	19.66	19.72
Woodie	18.62	18.92	19.24	19.54	19.86	20.16	20.48
Fibonacci	18.92	19.15	19.30	19.54	19.77	19.92	20.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.78	17.56	18.57	19.36	20.37	21.15	22.16
Camarilla	19.09	19.25	19.42	19.58	19.75	19.91	20.07
Woodie	16.89	17.62	18.68	19.41	20.48	21.21	22.27
Fibonacci	17.56	18.25	18.67	19.36	20.04	20.46	21.15

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	41.82
MACD (12,26,9):	0.0200
Directional Movement:	-8.42
AROON (14):	-85.71
DEMA (21):	19.46
Parabolic SAR (0,02-0,02-0,2):	19.75
Elder Ray (13):	-0.26
Super Trend (3,10):	18.75
Zig ZAG (10):	19.03
VORTEX (21):	1.0100
Stochastique (14,3,5):	15.88
TEMA (21):	19.33
Williams %R (14):	-95.00
Chande Momentum Oscillator (20):	-0.52
Repulse (5,40,3):	-1.8900
ROCnROLL:	-1
TRIX (15,9):	0.0800
Courbe Coppock:	0.36

MA7:	19.38
MA20:	19.46
MA50:	19.18
MA100:	18.43
MAexp7:	19.33
MAexp20:	19.39
MAexp50:	19.13
MAexp100:	18.65
Price / MA7:	-1.39%
Price / MA20:	-1.80%
Price / MA50:	-0.36%
Price / MA100:	+3.69%
Price / MAexp7:	-1.14%
Price / MAexp20:	-1.44%
Price / MAexp50:	-0.10%
Price / MAexp100:	+2.47%

News

Don"t forget to follow the news on WENDY S CO.. 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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