WABTEC CORP (WAB) Technical Analysis
NYSE:WAB • US9297401088
Current stock price
236.76 USD
-3.6 (-1.5%)
At close:
236.76 USD
0 (0%)
After Hours:
WAB Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to WAB. In the last year, WAB was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month WAB has a been trading in the 236.20 - 266.27 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, WAB did better than 84% of all other stocks. On top of that, WAB also shows a nice and consistent pattern of rising prices.
- WAB is part of the Machinery industry. There are 131 other stocks in this industry. WAB outperforms 76% of them.
- WAB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WAB is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
WAB Weekly and Daily overview Charts
WAB Setup Rating and Analysis
Although WAB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WAB Support and Resistance Analysis
170.16
267.44
5 important support areas can be observed.
- A support zone ranging from 236.75 to 236.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @217.61 from a trend line in the weekly time frame.
- Support @213.47 from a trend line in the daily time frame.
- Support @194.40 from a horizontal line in the daily time frame.
- Support @171.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 264.79 to 264.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
WAB Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WAB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAB is down. |
| ChartMill Relative Strength | 84 | POSITIVE | WAB has a high relative strength, it outperformed 84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WAB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.31 | NEUTRAL | The RSI value for WAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.72 | NEGATIVE | The MACD value suggests WAB has a negative trend. |
| Stochastics (14,3) | 13.2 | OVERSOLD | The low Stochastics value suggests WAB may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for WAB suggests some volalility. |
| Average Directional Index/ADX (14) | 35.54 | POSITIVE | The high ADX value value for WAB suggests a strong trend. |
WAB Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WAB Technicals: Chart, Performance Metrics, Trend & Indicators
236.76
-3.6 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.5%
1 Week-3.24%
2 Weeks-10.3%
1 Month-6.71%
3 Month10.42%
6 Month25.39%
12 Month32.5%
2 Year62.52%
3 Year134.28%
5 Year199.09%
10 Year198.6%
15 Year598.1%
Volatility
ATR(14)6.58
ATR(20)%2.66%
ATR Inc4.72%
Range Today7.37
ADR(20)5.72
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84
3 months CRS86.38
6 months CRS88.96
Mansfield1.04
10 Day High265.29
10 Day Low236.2
20 Day High266.27
20 Day Low236.2
52 Week High266.27
52 Week Low151.81
CS1 End236.75
CR1 Start264.79
Volume & EV
DER(3)-1.53%
DER(5)-0.4%
Volume613.30K
Volume Incr-24.92%
Vol(5)795.80K
Vol(50)847.04K
WABTEC CORP / WAB TA FAQ
Can you provide the ChartMill technical rating for WABTEC CORP?
ChartMill assigns a technical rating of 8 / 10 to WAB.
What is the current trend direction of WABTEC CORP (WAB) stock?
The current trend direction for WABTEC CORP (WAB) is Bullish.
Can you provide the RSI signal for WABTEC CORP?
WABTEC CORP (WAB) has an RSI value of 33.3127. This indicates that the stock is currently neutral.
What is the short term momentum for WAB stock?
The short term momentum for WABTEC CORP (WAB) is negative.
What is the buy/sell signal for WAB stock?
The buy/sell signal for WABTEC CORP (WAB) is hold as the short term and long term trends are mixed.