Weight Watchers International, Inc. (NYSE:WTW) has been in the news for all the right reasons. Recently, WTW was recognized by the experts in the 2017 Best Diets rankings released by U.S. News & World Report. Weight Watchers® earned the top spot in four categories including Best Diet for Fast Weight Loss, Best Diet for Weight Loss, Best Commercial Diet and Easiest Diet to Follow.
As per Zack’s analyst ratings, Weight Watchers International, Inc. (NYSE:WTW) currently has an average brokerage rating of [quandl_code ticker=WTW item=ZAR|RATING_MEAN value=”2.1″]. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:[finviz_code ticker=WTW item=1 value=”WTW”]) is $[quandl_code ticker=WTW item=ZAR|TP_MEAN_EST value=”22.666″] with a high of $[quandl_code ticker=WTW item=ZAR|TP_HIGH_EST value=”32″] and a low of $[quandl_code ticker=WTW item=ZAR|TP_LOW_EST value=”8″].
Let’s take a look at the technical analysis.
[intr_chart ticker=WTW src=”https://www.journaltranscript.com/wp-content/uploads/2017/02/13132-WTW4.png”]
The Barchart Technical Opinion rating is a 80% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Strong. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal.
The The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oid prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). [ema_code ticker=WTW color=blue value=12.46|11.77].
The relative strength index (RSI) is a momentum osciallator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). [rsi_code ticker=WTW color=blue value=60.30]