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Archive
- 4/17/2025 -
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Walgreens (WBA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Walgreens (WBA). During the week, the WBA gained 0.11 points, or 1.02%, and closed at 10.89 on Thursday, April 17, 2025. Weekly volume was -55% below average.
WBA is a member of Consumer Staples Sector. Consumer Staples is the most overbought 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 3.63 and resistance is at 14.56. 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 Symmetric Triangle chart pattern. The uptrend resistance line (10.40) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance 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 downtrend had started on February 27, 2025 at 11.85 and reached 10.02 on April 7, 2025. WBA lost 1.83 points, or 15.44%, in 39 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (9.98) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See WBA daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 20, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (10.97) comes close to the price (10.89). It indicates that the trend is getting weaker. 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.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 7.35% on Friday. It is 69.65% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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