W | Informative

Analysis of Wayfair Inc. (W)

Current Status
Price: $52.25
Moving Averages: The stock is trading below its short-term and long-term moving averages, indicating a bearish trend.

Bullish Scenario
Bullish Trigger Line: $52.29
Target Prices for Bullish Scenario:
Target Price 1: $53.07
Target Price 2: $56.60
Ultimate Bullish Target: $60.72

Bearish Scenario
Bearish Line: $50.63
Target Prices for Bearish Scenario:
Target Price 1: $49.55
Target Price 2: $47.62

Additional Observations
Volume: Recent volume spikes suggest strong market interest, potentially indicating a reversal or continuation of the trend.
RSI (Relative Strength Index): Currently below 50 but showing signs of potential reversal upwards.