Chewy hasn't moved too much today but is slightly down, it has lost -0.97% since yesterday. It looks like CHWY may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. Momentum wise Chewy, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.
If the price bounces off of the support and moves up it'll probably head up to the $36.7 level, at which point it may hit some selling pressure. If it punches through this support level, it can easily push down to $30.45 where it may meet further support, hopefully it can consolidate around that point.
The analysts are pretty neutral on Chewy right now, so not much useful information here. The current Analysts Sentiment Score is -0.18. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Needham & Company LLC boosted their price targ by 25% to $25.00 on 2023-12-15. On 2023-12-07 The Goldman Sachs Group lowered their price target by -11.11% to $40.00. JMP Securities announced a lowering of their price target to $28.00 from $43.00 on 2023-12-07. Morgan Stanley announced a lowering of their price target to $27.00 from $28.00 on 2023-12-07. On 2023-12-07 Barclays lowered their price target by -5% to $19.00. Royal Bank of Canada announced a lowering of their price target to $35.00 from $44.00 on 2023-12-07. Raymond James announced a lowering of their price target to $24.00 from $33.00 on 2023-12-04. Piper Sandler announced a lowering of their price target to $21.00 from $29.00 on 2023-12-01. On 2023-10-31 there was confirmation of the previous rating by Wedbush which was Outperform and provided a price target of $31.00. UBS Group upgraded from Sell to Neutral on 2023-10-25 but they lowered their price target by -20% to $20.00 from a previous target of $25.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| CHWY | -0.18 | 0.91 | -0.45 | 0.72 | -1.55 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| CHWY | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| CHWY | 12.46 | %17.8781 | 3.5 | 18.744 | 21300000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| CHWY |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHOP | Shopify Inc. Class A subo | 0.86 | -18.24 | -14.88 | -17.82 | -22.94 | 4.03 | 8.79 | 47 | 11.88 | 26.68 | 46.02 | -3920.12 | -13245.93 | 0 | 0 | 2.43654 |
| W | Wayfair Inc. | 0.85 | -25.59 | -25.88 | -28.33 | -45.50 | -52.70 | -59.80 | 58 | -37.96 | -46.59 | -65.58 | -20376.04 | -1607.43 | 0 | 0 | 15.941 |
| ETSY | Etsy, Inc. | 0.84 | -3.99 | 3.68 | 3.44 | -10.32 | -6.62 | -25.69 | 62 | -31.42 | -27.24 | -40.00 | -29019.37 | -1081.36 | 0 | 0 | 8.60282 |
| DDOG | Datadog, Inc. Class A Com | 0.75 | -7.12 | -6.56 | -13.83 | -33.19 | -18.71 | -22.25 | 46 | -16.31 | -9.98 | -14.27 | -21039.98 | -287.51 | 100 | 0 | 3.89921 |
| ESTC | Elastic N.V. | 0.74 | -10.04 | -10.33 | -13.46 | -16.69 | 7.48 | -15.78 | 43 | 1.07 | 2.09 | 6.91 | -12522.70 | 189.84 | 0 | 0 | 6.35 |
| MDB | MongoDB, Inc. Class A | 0.74 | -9.35 | -8.25 | -12.95 | -33.59 | -35.79 | -51.93 | 36 | -21.55 | -24.21 | -25.67 | -56163.10 | 201.25 | 0 | 0 | 4.22303 |
| CYBR | CyberArk Software Ltd. | 0.73 | -5.13 | -2.32 | -2.23 | -4.64 | 19.54 | 24.98 | 43 | 27.69 | 43.44 | 104.14 | -984.36 | -21403.77 | 100 | 0 | 4.65503 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
