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G. Willi-Food International Ltd. (WILC)

WILC stock forecast: buy or sell

Close on Sep 23rd, 2020
$18.5 -0.04%
3 months performance
0.20%
Published: September 26th, 2020 - 21:26

WILC stock outlook

  • G. Willi-Food International stock sank -4.24% to close at $18.50 on the stock market today, after 3 consecutive sessions in red.
  • From the chart point view, price is drawing a scaled uptrend since last March with higher tops and higher bottoms. Up to date, shares marked a 111.43% profit since the beginning of this rally
  • G. Willi-Food International Ltd. develops, imports, exports, markets, and distributes food products worldwide.

Disclaimer:
The opinions given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the specific scenarios of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for informational reasons only

WILC stock charts

Should I buy G. Willi-Food International stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is WILC stock a buy?

Currently, G. Willi-Food International stock matches one trading strategy:

Uptrend buy setup

G. Willi-Food International stock continues to trend higher since last March and has marked a gorgeous 111.43% gain. Price marked a local bottom in this uptrend at $17.18 on September 1, and since then it bounced up a 7.68%. Breaking out over $20.95 - it's last top - will be a good entry point if G. Willi-Food International resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $18.86

Buy setupBuy pointStop lossRisk
Uptrend buy setup$20.95$18.8610%

Should I sell G. Willi-Food International stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies give us the ability us to avoid rash decisions based on our sentiments or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies should not be used for shorting G. Willi-Food International stock

As a rule of thumb, you should not keep an open trade that results in losses greater than those expected upon purchase. The moment to sell shares should always be ruled by the stop-loss (automatic or manual)

Is it time to sell G. Willi-Food International stock?

Currently, G. Willi-Food International stock doesn't match any of our preferred sell setups, so if you own G. Willi-Food International shares and your operation is in profit probably is not time to sell now

Analysts' recommendations to buy or sell G. Willi-Food International stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the previous month we couldn't find any rating for G. Willi-Food International

Technical analysis

G. Willi-Food International shares started an uptrend last March, and gained a gorgeous 111.43%. During this uptrend, the price provided some entry points on the breakouts. Latest low was on September 1, when price bounced at $17.18. Currently, the price swings in a consolidation between its last top ($20.95) and its last bottom ($17.18)

SMAs overview

Moving averages are simple indicators for traders to gauge direction. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days

WILC SMAs chart

Supports and resistances

Market investors use support and resistance levels to identify price points on a chart that tend to work as glass ceiling, preventing the price of shares to move up or down. Supports are levels where the price may stop as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. However, if the price breaks down this level, it will probably continue descending until approaching another support level. In contrast, a resistance level is where the price tends to find opposition as it moves up. Again, this means that the price is more liable to "bounce off" at this level, and if it finally breaks this level, it will climb easily until it finds the next resistance

The current resistances are:

  • R1: $20.95 (13.24% above)
  • The current supports are:

  • S1: $17.18 (-7.14% below)
  • S2: $15.53 (-16.05% below)
  • S3: $14.51 (-21.57% below)
  • Bollinger bands

    This is an indicator that was created in the 1980s by John Bollinger. In essence, the Bollinger Bands are bands that fluctuate around a centralmoving average and vary the distance from the bottom to the top depending on market volatility. They are usually drawn by an interval of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20

    The price is moving very close to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy point, as price can trade in these levels for many days and weeks

    WILC RSI chart

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. Its objective is to plot the current and historical weakness or strength of a stock or market based on the closing prices of a recent trading period. Oscillator indicators, such as relative strength, are intended to indicate values in the range of 0-100. The relative strength indicator is one of the best known and most widely used indicators, and it was invented by J. Welles Wilder in the late 1970s

    The RSI dropped below the overbought level of 70 in late August after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 46.97. Since that level was lost, G. Willi-Food International stock tanked a 10.93%

    WILC RSI chart

    Earnings and financials

    G. Willi-Food International Ltd. (WILC) reported adjusted EPS for the fiscal 2nd-quarter that matched Market expectations. Quarterly EPS was $0.00 per share vs. $0.00. The company said turnover was $104.2 million consistent with analysts' estimates as well.

    This compares to earnings of $0.00 per share same quarter last year, so posted EPS is -. Turnover merely changed on an annualized basis in the Q2, from $100.1M to $104.2M last quarter.

    WILC is posting financial report next November. Forecasted EPS for this quarter is $0.00. If you hold or you are planning to buy WILC shares, you must be on your toes as earnings reporting day usually has a higher than usual volatility, and price can soar and sink with very low liquidity and not respecting your buy/stop-loss orders. You can find more details about the earnings conference call and the financial reports on the Investor Relations section of its website: http://www.willi-food.com.

    WILC revenues and profits chart