WABTEC CORP (WAB) Technical Analysis
NYSE:WAB • US9297401088
Current stock price
WAB Technical Rating and Analysis
Overall WAB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, WAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that WAB is one of the better performing stocks in the market, outperforming 81% of all 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 71% of them.
- WAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WAB is lagging the market slightly.
- WAB has an average volume of 1024320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WAB has a been trading in the 236.51 - 275.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WAB Weekly and Daily overview Charts
WAB Setup Rating and Analysis
Besides having an excellent technical rating, WAB also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 249.02, a Stop Loss order could be placed below this zone.
More info and screens
WAB Support and Resistance Analysis
192.46
4 important support areas can be observed.
- A support zone ranging from 245.17 to 249.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 236.05 to 236.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @224.54 from a trend line in the weekly time frame.
- Support @194.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 261.54 to 270.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for WAB is neutral. |
| ChartMill Relative Strength | 81.96 | POSITIVE | WAB has a high relative strength, it outperformed 81.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAB is above 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) | 54.99 | NEUTRAL | The RSI value for WAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests WAB has a negative trend. |
| Stochastics (14,3) | 52.05 | NEUTRAL | The Stochastics value for WAB is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for WAB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for WAB suggests a weak or negative trend. |
WAB Chart- and CandleStick Pattern Analysis
WAB Technicals: Chart, Performance Metrics, Trend & Indicators
261.52
+3.89 (+1.51%)
WABTEC CORP / WAB TA FAQ
Can you provide the ChartMill technical rating for WABTEC CORP?
ChartMill assigns a technical rating of 10 / 10 to WAB.
What is the trend direction for WAB stock?
The current trend direction for WABTEC CORP (WAB) is Bullish.
What is the RSI signal for WABTEC CORP (WAB) stock?
WABTEC CORP (WAB) has an RSI value of 54.9901. This indicates that the stock is currently neutral.
What is the short term momentum for WABTEC CORP (WAB) stock?
The short term momentum for WABTEC CORP (WAB) is neutral.
Can you provide the support and resistance levels for WABTEC CORP?
WABTEC CORP (WAB) has a support level at 249.02 and a resistance level at 261.54. Check the full technical report for our detailed analysis of WAB support and resistance levels.