Weis Markets Technical Analysis

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WMK -- USA Stock  

USD 49.55  3.30  6.24%

As of the 5th of June Weis Markets maintains Mean Deviation of 3.03, Market Risk Adjusted Performance of (2.49) and Downside Deviation of 4.95. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Weis Markets as well as the relationship between them. Specifically, you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for Weis Markets, which can be compared to its rivals. Please check out Weis Markets Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Weis Markets is priced fairly providing market reflects its latest price of 49.55 per share. Given that Weis Markets has Jensen Alpha of 0.539, we strongly advise you confirm Weis Markets prevalent market performance to make sure the company can sustain itself at future point.

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Weis Markets technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Weis Markets technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst, therefore, looks at the history of Weis Markets trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Weis Markets Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Weis Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Weis Markets Trend Analysis

Use this graph to draw trend lines for Weis Markets. You can use it to identify possible trend reversals for Weis Markets as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Weis Markets price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Weis Markets Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weis Markets applied against its price change over selected period. The best fit line has a slop of   0.38  which may imply that Weis Markets will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 5549.23, which is the sum of squared deviations for the predicted Weis Markets price change compared to its average price change.

About Weis Markets Technical Analysis

The Macroaxis Technical Analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Weis Markets on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Weis Markets based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Weis Markets stock first instead of the macroeconomic environment surrounding Weis Markets . By analyzing Weis Markets's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Weis Markets's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Weis Markets specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2020 (projected)
Long Term Debt to Equity0.0695740.072452
Interest Coverage12.8514.13
Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania. Weis Markets operates under Grocery Stores classification in USA and is traded on BATS Exchange. It employs 23500 people.

Weis Markets June 5, 2020 Technical Indicators

Weis Markets June 5, 2020 Daily Price Condition

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