Williams-Sonoma (WSM) has been under a strong bear grip, hence the stock is down -1.3% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.4% in the past 1 week. The stock has risen by 1.57% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.83% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 1.67%.The 200 Day SMA reached 4.78%
Williams-Sonoma (NYSE:WSM): After opening at $50.74, the stock dipped to an intraday low of $50.51 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.35 and the buying power remained strong till the end. The stock closed at $51.08 for the day, a gain of 1.31% for the day session. The total traded volume was 1,567,789. The stocks close on the previous trading day was $51.08.
Williams-Sonoma (WSM) : The highest short term price target forecast on Williams-Sonoma (WSM) is $75 and the lowest target price is $40. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $56.75 with a standard deviation of $8.19.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.