Weyerhaeuser stock: buy or sell

WY stock price: $32.52 -0.46% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

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Weyerhaeuser stock brief

  • Weyerhaeuser stock slightly moved -0.46% to close at $32.52 on the stock market last Friday.
  • Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.

Should I buy Weyerhaeuser stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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 $WY stock a buy?

In the current situation of Weyerhaeuser there is not any eligible buy setup. This doesn't mean we expect a selloff for $WY in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Weyerhaeuser stock?

When you are a novel trader and you own a stock with some profit, it's really hard to decide the correct moment to sell and get your benefits. Just as when we have to buy shares, choosing when is the best time to sell is not a whimsical decision, and we must follow our own trading style. Our trading system selects very simple setups to guide us on when is the best time to sell our shares. Be aware that these setups are not intended for shorting Weyerhaeuser stock

As a rule of thumb, you should not hold an investment that results in losses greater than those expected at the time of purchase. The timing to sell shares always has to be ruled by the stop-loss (automatic or manual)

Is it time to sell Weyerhaeuser stock?

In the current situation of Weyerhaeuser there is not any eligible sell setup, so Weyerhaeuser stock holders with operations in profit can keep their positions

Weyerhaeuser ratings

In the previous month we couldn't find any rating for Weyerhaeuser

Weyerhaeuser stock analysis

SMAs overview

WY stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $32.58 (0.18% above)
  • R2: $32.59 (0.22% above)
  • R3: $32.60 (0.25% above)
  • The current supports are:

  • S1: $32.51 (-0.03% below)
  • S2: $32.46 (-0.18% below)
  • S3: $32.35 (-0.52% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price bounced by 1.31%. The price is trading near to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a buy signal, as price can trade in these levels for many days and weeks

    WY stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-December after just crossing to the overbough zone for just one day (weak signal). The RSI value last Friday was 50.24. Since that level was lost, Weyerhaeuser price collapsed a 3.62%

    WY stock RSI chart

    Weyerhaeuser stock price history

    Weyerhaeuser started trading priced at an adjusted price1 of $4.10 on May 1973. Since then, WY stock surged by 693.17%, with an average of 14.75% per year. An investment of thousand dollars on May 1973 would be valued $7,931.71 today.

    1: Adjusted price after possible price splits or reverse-splits

    WY stock price history chart

    Price target for Weyerhaeuser stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price target posted by analysts for the last 30 days. Again, these estimates are not direct recommendations for small investors and must not be trusted blindly.

    We don't have any target price published in the last 4 weeks for Weyerhaeuser.

    Earnings and financials

    Financial event was hosted by Weyerhaeuser ($WY) last October after releasing the earnings report. Weyerhaeuser topped consensus earnings estimates and posted of $0.52, that is a 10.64% improvement compared to the initial forecasts of $0.47. However, reported revenues of $2.1 billion were in line with Wall St. forecasts.

    For comparison, the EPS for the same quarter last year was $0.08, so posted EPS means a increase of 550.00%. Looking at sales, figures exploded a 26.27% compared to $16.7B same quarter 12 months ago.

    Weyerhaeuser ($WY) is hosting the quarterly earnings call on Friday next week. Market analysts analysts estimate of $0.43, that is a 17.31% less than previous quarter.

    Weyerhaeuser performance

    WY performance compared
    Company1m3m6m
    Weyerhaeuser ($WY) -3.40% 9.60% 27.10%

    Disclaimer:
    The opinions published in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not know the individual conditions of the reader, his or her 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 posted for education purposes only

    Weyerhaeuser summary

    Friday, January 15th, 2021
    Open$32.39
    Close$32.52
    Day range$31.89 - $32.65
    Previous close$32.67
    Session gain-0.46%
    Average true range$0.80
    50d mov avg$31.06
    100d mov avg$29.88
    200d mov avg$26.20
    Earnings dateJanuary 29th, 2021

    Frequently asked questions

    What is Weyerhaeuser stock symbol?

    Weyerhaeuser Company is a public company trading in the US stock market with the WY symbol

    Is Weyerhaeuser stock a buy or sell?

    Weyerhaeuser had no ratings in the last four weeks Read the article to get additional tips on trading WY stock.

    Will WY go up?

    There were no price targets published by market analysts in the last 30 days for Weyerhaeuser.