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WW International, Inc. ( NASDAQ:WW ): Strategic Entry into Weight Management Sector
WW International, Inc. (WW) is a stock in the USA market. The price is 1.61 USD currently with a change of -0.04000 (-0.02424%) from the previous close. The intraday high is 1.69 USD and the intraday low is 1.555 USD.
Trade Setup:
- Entry Price: $1.29
- Stop-Loss: $0.6800
- Take-Profit Targets:
- TP1: $2.28
- TP2: $3.75
Earnings Reports:
In the second quarter of 2024, WW International reported disappointing results, leading to a 1.9% drop in stock price into record-low territory.
Valuation Metrics:
The company's market capitalization stands at approximately $109.41 million, with a Price-to-Sales Ratio of 0.14, reflecting the market's valuation of the company's sales.
Dividends:
WW International does not currently offer dividends, focusing instead on reinvestment into the company's growth and restructuring efforts.
Market News:
Recent executive changes include the appointment of Felicia DellaFortuna as the new Chief Financial Officer, effective January 1, 2025. Additionally, the company has introduced compounded GLP-1 obesity treatments to its services, aiming to provide accessible and affordable clinical weight management solutions.
Analyst Ratings:
WW International has received a consensus rating of 'Hold,' based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Risk Management:
Implementing a stop-loss at $0.6800 helps mitigate potential losses, while the take-profit targets at $2.28 and $3.75 offer favorable risk-reward ratios. Given the stock's volatility and recent market developments, strict adherence to these levels is crucial.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Ww
WW putWent up too fast and very close to the Feb. top, could form a double top.
The volume is also too big, sign of exhaustion.
Bought April $7.5 put for $2.60. My break-even is $4.90
I will close my position before expiration.
Target: the gap-fill at $4.25
Placed a GTC order to close my long put at $3.4
EXPECTING REVRSAL IN BTC/USDBTC near PRZ. Further Wolf Wave is there in daily time frame. kindly go through the chart. any querry, kindly comment.
$WW Weight Watchers Technical Analysis 2020-2025Technical Analysis & Trade Idea $WW WW
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Entry: $31.6
Stop-Loss: $28.97
Short-term Target: $39.97
Easy Loot Target: $50.37
Long-term Target: $76.97
Simple trade idea, do not trade. Only looking for bullish move after breakout and confirmation.
DotcomJack
WW, price may climb as it breaks lower Bollinger Band on Oct 28This price move could be a signal that WW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. Tickeron A.I.dvisor backtested 36 similar cases where WW's price broke its lower Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 89%. Current price $21.62 crossed the support line at $21.94 and is trading between $21.94 support and $21.01 support lines. Throughout the month of 09/28/20 - 10/28/20, the price experienced a +19% Uptrend, while the week of 10/21/20 - 10/28/20 shows a -8% Downtrend.
Bullish Trend Analysis
The Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 10-day Moving Average for WW crossed bullishly above the 50-day moving average on October 14, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Following a +5.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where WW advanced for three days, in 255 of 311 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
WW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 160 of 184 cases where WW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
MTL WW on openWith the rumor of a $1 Trillion US infrastructure bill to help put Americans back to work and revitalize the US economy, I believe we will see a lot of money getting poured into materials.
"MTL engages in mining, steel, and power businesses in Russia, Asia, Europe, the Commonwealth of Independent States, the Middle East, the United States, and internationally. Its Mining segment produces and sells coking, metallurgical, and steam coal; coke; chemical products, including coal tar, coal benzene, and other compounds; and iron ore and iron ore concentrates. The company's Steel segment produces and sells semi-finished steel products, long steel products, and carbon and stainless flat products; ferrosilicon products; and pig iron, as well as metal products, including wire products, stampings and forgings, structural shapes, beams, and rails. Its Power segment generates and supplies electricity, heat energy, and other power resources to third parties."
Will be watching this at open for a break of $2 and confirmation of new support.
Will get in as close to $2 as I can after support confirmation.
Stop at $1.72
PT1 $2.23
PT2 $2.77
PT3 $3.00
I plan to scale out at these 3 price points and scale in on the dips.
WW Hitting .618 Fib level and trend line resistanceWW Hitting .618 Fib level (47.86) and top trend line resistance. No catalyst until earnings Feb 24, I would wait for $47 and then go short. If it closes above $47.86 , go long. Short Int is 10% (Finviz) , nothing major. Seasonality for January is weak.
WW – Weight Watchers Bullish Confirmation & Earnings PlayWatching WW for pullback below $42 to enter or waiting until March weekly options populate.
Trade Entry
Earnings are Feb. 25. Current Weekly options stop at Feb. 21.
My opinion –
1. Buy shares on a pullback below $42 holding until earnings.
2. Wait for Weekly options to populate in a week or two.
3. Use shorter expiry options. I cannot find anything with equal risk reward or better, so I will wait.
Chart Details
Bullish EMA Cross and Bullish 10WeekMA price cross.
White trendline is intact.
Gap fill up to $60 with upcoming earnings.
1.618 Fib Level is perfect with gap fill. Not coincidence IMO.
News – Oprah is going on Tour in 2020 for Weight Watchers. www.weightwatchers.com
This could prove to be positive continuing catalyst. Oprah has massive following and was the last catalyst for WW.
Need to watch for more data after gap fill.
Not currently in this trade. I will update if alert hits, trade is entered, or better options entry presents.
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WW - Good Support ConfluenceWeight Watchers has pulled back recently where it seems to have found support along a previous resistance level, the 50-day EMA line, & the VPVR heavy volume bars. The RSI indicator is above 50 & WW has shown some relative strength the last month or so.
I am focusing on the first two price targets noted on the chart. We'll see if it ends up having enough to get that third level. Assuming the bullish structure of this chart plays out, of course.
$WW Breaking Out To The Upside$WW has been a roller coaster ride for investors. After dropping to as low as $16.71, the stock is back above $40. For the year, the stock is up only 4%. We think the stock is set to keep climbing judging from the chart and how investors reacted to its Q3 earnings report. While the stock gapped down, it has since closed the gap and is now trading higher. We believe $WW has a lot more room to run and we are bullish.
WW International, Inc. provides weight management services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It provides a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches. The company offers various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program via its Web-based and mobile app products, including personal coaching products; and allows members to support each other by sharing their experiences with other people on weight management and wellness journeys. Further, it provides various products, including bars, snacks, cookbooks, kitchen tools, and other products. Additionally, the company licenses its trademarks and other intellectual property in food, beverages, and other consumer products and services. It offers products through its e-commerce platform, magazine subscriptions, publishing, and third-party advertising in publications; and through Websites and sales from the By Mail product. The company was formerly known as Weight Watchers International, Inc. and changed its name to WW International, Inc. in September 2019. WW International, Inc. was founded in 1961 and is headquartered in New York, New York.
There's also Oprah :-)
As always, use protective stops and trade with caution.
Good luck to all!