WABTEC CORP (WAB)

US9297401088 - Common Stock

168.32  +1.66 (+1%)

After market: 168.32 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, WAB scores 10 out of 10 in our technical rating. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WAB is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, WAB also shows a nice and consistent pattern of rising prices.
WAB is one of the better performing stocks in the Machinery industry, it outperforms 92% of 132 stocks in the same industry.
WAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month WAB has a been trading in the 143.22 - 169.13 range, which is quite wide. It is currently trading near the high of this range.
WAB has an average volume of 1064660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WAB Weekly chart
WAB Daily chart
Setup Rating and Analysis

6

WAB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

104.87

170.69

4 important support areas can be observed.

  • A support zone ranging from 151.56 to 152.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 144.16 to 144.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @109.71 from a trend line in the weekly time frame.
  • Support @105.93 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 168.35 to 169.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.61
Mansfield2.11
10 Day High169.13
10 Day Low162.74
20 Day High169.13
20 Day Low143.22
52 Week High169.13
52 Week Low91.89
Performance
1 Week-0.01%
2 Weeks3.77%
1 Month16.75%
3 Month25.35%
6 Month45.72%
12 Month72.8%
2 Year78.19%
3 Year103.38%
5 Year169.83%
10 Year113.77%
15 Year843.5%
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)68.37
LBB159.46
UBB170.33
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
169.01162.736.28 (3.72%)25.00%
An entry @169.01. This is a Buy Stop order right above the resistance zone.An exit @162.73. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 6.28 points, which is 3.72%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WAB Daily chart

WABTEC CORP

NYSE:WAB (5/17/2024, 7:04:00 PM)

After market: 168.32 0 (0%)

168.32

+1.66 (+1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1%
1 Week-0.01%
2 Weeks3.77%
1 Month16.75%
3 Month25.35%
6 Month45.72%
12 Month72.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.66
ATR(20)%2.09%
ATR Inc
Range Today2.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High169.13
10 Day Low162.74
20 Day High169.13
20 Day Low143.22
52 Week High169.13
52 Week Low91.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr-16.7%
Vol(5)1.05M
Vol(50)1.06M