Large Inflow of Money Detected in Wayfair

Wayfair (W) : The money flow analysis of Wayfair (W) indicates a $11.7 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $14.29 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.22 and so was the total money flow at $2.59 million. A solid up-down ratio of 4.46 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $3.11 million worth of block trades on upticks. Only $0.7 million worth of the stock exchanged hands on downticks. The money flow was $2.41 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Wayfair (W), pushing it down by -0.36% for the day. The stock slid $0.14 and traded at $38.85 during the day. Nonetheless, the stock is -19.11% over the previous weeks close.


Wayfair Inc. has dropped 19.17% in the last five trading days, however, the shares have posted positive gains of 0.54% in the last 4 weeks. Wayfair Inc. is up 0.46% in the last 3-month period. Year-to-Date the stock performance stands at -18.1%.

Wayfair (NYSE:W): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.06 and $38.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.00, notching a gain of 0.03% for the day. The total traded volume was 1,563,443 . The stock had closed at $38.99 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Operating Officer) of Wayfair Inc., Savarese James had sold 500 shares worth of $19,205 in a transaction dated August 10, 2016. In this transaction, 500 shares were sold at $38.41 per share.

Wayfair Inc. (Wayfair) is an online destination for the home. Through its e-commerce business model, the Company offers browsing, merchandising, product discovery and prices for over seven million products from over 7,000 suppliers across five brands:, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. is its flagship mass market brand that focuses on offering a range of home furnishings and decor. Joss & Main is the Companys online flash sales site. AllModern is an online destination for original design for home enthusiasts. DwellStudio is an online design studio for home furnishings. Birch Lane is a new destination for home designs. Wayfair also generates revenues online through its retail partners. Wayfair Media Solutions helps selected manufacturers, retailers and other advertisers market to its consumer audience.

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