WABTEC CORP (WAB) Stock Technical Analysis
USA - NYSE:WAB - US9297401088 - Common Stock
191.03 USD
-4.59 (-2.35%)
191.03 USD
0 (0%)
Taking everything into account, WAB scores 2 out of 10 in our technical rating. WAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, WAB is a bad performer in the overall market: 71% of all stocks are doing better.
WAB has an average volume of 1071540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
WAB is part of the Machinery industry. There are 129 other stocks in this industry, WAB did better than 51% of them.
WAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAB is lagging the market.
In the last month WAB has a been trading in the 184.26 - 202.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WAB is bad and it also does not present a quality setup 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
165.30
216.53
We found 2 important support areas.
- A support zone ranging from 185.64 to 189.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @166.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 192.17 to 194.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 197.98 to 200.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @209.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 214.38 to 214.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for WAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WAB is neutral. |
| ChartMill Relative Strength | 29.35 | NEGATIVE | WAB has a low relative strength, it was outperformed by 70.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.35 | NEUTRAL | The RSI value for WAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests WAB has a negative trend. |
| Stochastics (14,3) | 43.92 | NEUTRAL | The Stochastics value for WAB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for WAB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for WAB suggests a possible start of a new trend. |
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)
191.03
-4.59 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.35%
1 Week-4.52%
2 Weeks-2.87%
1 Month1.17%
3 Month-10.59%
6 Month11.23%
12 Month1.64%
2 Year80.18%
3 Year104.79%
5 Year222.14%
10 Year130.52%
15 Year715.67%
Volatility
ATR(14)4.33
ATR(20)%2.43%
ATR Inc38.56%
Range Today7.64
ADR(20)4.59
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.35
Mansfield-0.96
10 Day High202.89
10 Day Low190.82
20 Day High202.89
20 Day Low184.26
52 Week High216.1
52 Week Low151.81
CS1 End189.54
CR1 Start192.17
Volume & EV
DER(3)0.62%
DER(5)2.22%
Volume1.06M
Volume Incr-25.88%
Vol(5)845.61K
Vol(50)1.07M