Wayfair Stock Technical Analysis

W Stock  USD 52.92  4.83  8.36%   
As of the 24th of April, Wayfair maintains the Market Risk Adjusted Performance of 0.0369, mean deviation of 2.82, and Downside Deviation of 3.52. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wayfair, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Wayfair, which can be compared to its peers. Please check out Wayfair downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Wayfair is priced fairly, providing market reflects its latest price of 52.92 per share. Given that Wayfair has jensen alpha of (0.21), we strongly advise you to confirm Wayfair's prevalent market performance to make sure the company can sustain itself at a future point.

Wayfair Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wayfair, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Wayfair
  
Wayfair's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Wayfair Analyst Consensus

Target PriceAdvice# of Analysts
84.93Buy37Odds
Wayfair current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Wayfair analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Wayfair stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Wayfair, talking to its executives and customers, or listening to Wayfair conference calls.
Wayfair Analyst Advice Details
Wayfair 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 Wayfair technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wayfair 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...

Wayfair Technical Analysis

Indicator
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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Wayfair volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wayfair Trend Analysis

Use this graph to draw trend lines for Wayfair. You can use it to identify possible trend reversals for Wayfair 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 Wayfair price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Wayfair Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wayfair applied against its price change over selected period. The best fit line has a slop of   0.18  , which indicates that Wayfair will continue to generate solid returns. It has 122 observation points and a regression sum of squares at 1203.96, which is the sum of squared deviations for the predicted Wayfair price change compared to its average price change.

About Wayfair Technical Analysis

The 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 Wayfair 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 Wayfair based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wayfair price pattern first instead of the macroeconomic environment surrounding Wayfair. By analyzing Wayfair's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wayfair'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 Wayfair specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.03540.0314
Price To Sales Ratio0.590.56

Wayfair April 24, 2024 Technical Indicators

Most technical analysis of Wayfair help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wayfair from various momentum indicators to cycle indicators. When you analyze Wayfair charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Wayfair is a strong investment it is important to analyze Wayfair's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wayfair's future performance. For an informed investment choice regarding Wayfair Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Wayfair Stock analysis

When running Wayfair's price analysis, check to measure Wayfair's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wayfair is operating at the current time. Most of Wayfair's value examination focuses on studying past and present price action to predict the probability of Wayfair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayfair's price. Additionally, you may evaluate how the addition of Wayfair to your portfolios can decrease your overall portfolio volatility.
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Is Wayfair's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wayfair. If investors know Wayfair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wayfair listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Earnings Share
(6.47)
Revenue Per Share
105.289
Quarterly Revenue Growth
0.004
Return On Assets
(0.13)
The market value of Wayfair is measured differently than its book value, which is the value of Wayfair that is recorded on the company's balance sheet. Investors also form their own opinion of Wayfair's value that differs from its market value or its book value, called intrinsic value, which is Wayfair's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wayfair's market value can be influenced by many factors that don't directly affect Wayfair's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wayfair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wayfair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wayfair's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.