Williams-Sonoma (WSM) has been under a strong bear grip, hence the stock is down -1.5% 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 1.13% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.07% in the last 1 week, and is up 1.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.47% and the 50-Day Moving Average is 3.22%. Williams-Sonoma Inc. has dropped 7.36% during the last 3-month period . Year-to-Date the stock performance stands at -5.55%.
Williams-Sonoma (NYSE:WSM): stock turned positive on Friday. Though the stock opened at $53.88, the bulls momentum made the stock top out at $54.265 level for the day. The stock recorded a low of $53.33 and closed the trading day at $54.08, in the green by 0.11%. The total traded volume for the day was 1,263,499. The stock had closed at $54.02 in the previous days trading.
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.