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Uptrend SupportArchive
- 2/14/2025 -
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Walgreens (WBA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Walgreens (WBA). During the week, the WBA dropped -0.42 points, or -4.15%, and closed at 9.70 on Friday, February 14, 2025. Weekly volume was -20% below average.
WBA is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See WBA long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 47.28 and reached 8.08 on November 21, 2024. WBA lost 39.20 points, or 82.91%, in 135 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 5.52 and resistance is at 16.45. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See WBA medium-term trend chart]
A medium-term uptrend had started on November 21, 2024 at 8.08 and reached 13.25 on January 17, 2025. WBA gained -5.17 points, or -63.99%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (10.13) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See WBA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since September 27, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See WBA short-term trend chart]
A short-term uptrend had started on February 11, 2025 at 9.32 and reached 9.86 on February 14, 2025. WBA gained -0.54 points, or -5.79%, in 3 days. The price is now at the 29.63% retracement level.
 Daily Technical Indicators: [See WBA daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since January 27, 2025.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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