Trading Signals: WBA Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: WBA Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Walgreens Boots Alliance)
WBA latest price $26.2750 (0.86%) ($26.2750 - $26.2750) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.8% (three month average)
RSI   85
Latest Price   $26.2750(0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WBA advances 0.8% a day on average for past five trading days.
Weekly Trend   WBA advances 8.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support WBA advance at 0% a week (0% probability)
SIL(99%)    IPO(95%)    IWM(94%)    BWX(93%)    IFRA(92%)
Factors Impacting WBA price   WBA will decline at least -1.4% in a week (0% probabilities).
VIXM(-48%)    TBT(-39%)    VXX(-30%)    URA(-17%)    UUP(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.4% (StdDev 2.8%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $25.75(2.04%)
10 Day Moving Average   $25.03(4.97%)
20 Day Moving Average   $23.1(13.74%)
To recent high   0%
To recent low   31.8%
Market Cap   $22.864b

Walgreens Boots Alliance, Inc. engages in the provision of drug store services. The company operates through the following segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment engages in pharmacy-led health and beauty retail businesses, which sells its products under brand names Walgreens and Duane Reade. The Retail Pharmacy International segment offers retail stores, which sells products of brands No7, Boots Pharmaceuticals, Botanics, Liz Earle, and Soap & Glory. The Pharmaceutical Wholesale segment supplies medicines, other healthcare products and related services to pharmacies, doctors, health centers, and hospitals. The company was founded in 1901 and is headquartered in Deerfield, IL.

$. WBA price fluctuates within 9.91% (three month std-dev: 2.8%) daily (68% of days).

Sample size 50 Average positive next day return: 2.98%(54%) Average negative next day return: -2.44%(46%) Sample size 50 Average positive next three day return: 6.27%(58%) Average negative next three day return: -4.39%(42%) Sample size 50 Average positive next weekly return: 6.81%(54%) Average negative next weekly return: -6.13%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	23.12	23.1	25.03	25.75	25.95	26.16	26.28(0.86%)	UT	HoldLong	65	0.2	60	80	17	190	4.33	63%	-0.22	58	2.8%	0	1.4	85	1.4
2	Dec_21_2023	23.17	22.82	24.72	25.54	25.62	25.74	26.05(2.44%)	UT	HoldLong	65	0.2	57	40	8	203	7.65	61%	-0.17	58.1	2.8%	0.5	1.5	84	0.6
3	Dec_20_2023	23.21	22.54	24.4	25.35	25.41	25.73	25.43(-2.29%)	UD	OpenLong	75	0	64	100	10	226	8.32	61%	-0.17	56.7	2.83%	-0	1.4	86	0.3
4	Dec_19_2023	23.25	22.31	24.01	25.19	25.32	25.51	26.03(4.2%)	UT	HoldLong	65	0.4	84	70	29	249	10.27	61%	-0.17	57.6	2.81%	2.2	1.9	90	0.7
5	Dec_18_2023	23.29	22.05	23.47	24.57	24.97	25.09	24.98(-0.91%)	UD	OpenLong	75	0.2	68	80	16	225	8.55	59%	-0.21	56.2	2.77%	-1.1	1.6	88	0.8

6	Dec_15_2023	23.34	21.84	23.06	24.18	24.46	25.14	25.21(0.32%)	UT	HoldLong	65	0.6	73	230	24	219	14.73	59%	-0.26	55.4	2.78%	0.5	2	88	0.8
7	Dec_14_2023	23.4	21.61	22.61	23.76	23.91	24.86	25.13(2.03%)	UT	HoldLong	65	0.9	81	300	38	208	23.08	60%	-0.21	55.8	2.78%	1.1	2.3	77	1.6
8	Dec_13_2023	23.45	21.41	22.09	23.32	23.42	23.78	24.63(7.37%)	UT	HoldLong	65	1	75	120	40	181	15.71	60%	-0.26	59.1	2.78%	3.3	2.6	76	1.4
9	Dec_12_2023	23.51	21.21	21.61	22.67	22.99	22.96	22.94(-0.22%)	UD	OpenLong	75	0.3	48	30	19	136	16.07	57%	-0.34	52.3	2.63%	-1	1.7	66	1.6
10	Dec_11_2023	23.59	21.07	21.31	22.18	22.6	23.06	22.99(-0.67%)	UD	OpenLong	75	0.9	42	200	23	99	15.26	55%	-0.34	33.6	2.64%	-0.8	2	66	1.4

11	Dec_8_2023	23.67	20.95	21.02	21.74	22	23.02	23.14(1.05%)	UT	OpenLong	75	1.7	46	360	39	68	14.78	55%	-0.29	15.9	2.66%	1	2.6	64	1.2
12	Dec_7_2023	23.74	20.8	20.76	21.28	21.41	22.14	22.9(7.13%)	UT	OpenLong	75	2.4	48	260	49	45	24.49	53%	-0.29	-6.8	2.66%	1.5	3.1	67	1
13	Dec_6_2023	23.81	20.69	20.51	20.68	20.89	20.98	21.38(4.24%)	RB	SmallLong	20	1.5	12	60	20	-12	12.51	49%	-0.33	-41.9	2.53%	1.4	1.5	46	1.2
14	Dec_5_2023	23.89	20.7	20.46	20.41	20.53	20.69	20.51(-1.39%)	DP	OpenShort	-65	0.2	-7	70	4	-38	7.89	45%	-0.38	-50.2	2.47%	-0.1	-0.4	44	1.3
15	Dec_4_2023	23.98	20.76	20.51	20.3	20.38	20.8	20.8(-0.07%)	N/A	N/A	0	0.9	5	160	17	-31	8.08	45%	-0.33	-45.8	2.49%	1.1	0.1	57	1.4

16	Dec_1_2023	24.06	20.81	20.54	20.16	20.18	20.37	20.81(4.39%)	DP	OpenShort	-65	1.1	-2	70	10	-38	10.9	41%	-0.41	-40.3	2.51%	2.2	0	51	1.3
17	Nov_30_2023	24.16	20.85	20.53	20.17	20	19.96	19.94(-0.25%)	DT	OpenShort	-75	-0.4	-17	-40	-9	-42	9	38%	-0.41	-40.4	2.58%	-1	-1.4	47	1.4
18	Nov_29_2023	24.26	20.89	20.69	20.32	20.23	19.98	19.99(0.05%)	DP	OpenShort	-75	-0.6	-15	-100	-11	-28	9.44	38%	-0.45	-44.3	2.59%	-0.1	-1.5	43	1.3
19	Nov_28_2023	24.37	20.95	20.8	20.53	20.41	20.04	19.98(-0.67%)	DT	OpenShort	-75	-1	-21	-140	-19	-25	11.19	38%	-0.41	-40.3	2.59%	-0.9	-1.8	38	1.5
20	Nov_27_2023	24.47	21.01	20.83	20.73	20.66	20.48	20.11(-3.57%)	DT	OpenShort	-75	-1.2	-20	-70	-17	-28	10.27	38%	-0.37	-41.2	2.59%	-2.2	-1.8	38	1.3

21	Nov_24_2023	24.56	21.06	20.91	20.96	20.89	20.78	20.86(0.77%)	DP	OpenShort	-75	-0.2	-7	-50	-2	-22	4.29	38%	-0.53	-33	2.56%	0	-0.4	39	1.4
22	Nov_22_2023	24.69	21.1	20.87	20.94	20.98	20.84	20.7(-1.41%)	DT	OpenShort	-75	-0.5	-17	-40	-10	-38	6.87	38%	-0.16	-26.4	2.59%	-1.2	-0.8	44	1.2
23	Nov_21_2023	24.73	21.15	20.9	21.11	21	21	20.99(-0.1%)	DT	OpenShort	-75	-0.3	-9	-20	-4	-22	6.23	38%	-0.32	-13.5	2.59%	-0.3	-0.3	54	1.3
24	Nov_20_2023	24.81	21.17	20.96	21.12	21.14	21.12	21.01(-1.01%)	N/A	N/A	0	-0.2	4	-0	9	-10	9.36	38%	-0.32	-25.4	2.59%	0.6	-0.3	50	1.4
25	Nov_17_2023	24.89	21.21	21.03	20.95	21.15	20.99	21.23(2.26%)	DP	OpenShort	-65	0.6	-2	-20	3	-16	10.31	35%		-42.4	2.63%	0.2	0	52	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD