WABTEC CORP (WAB) Stock Technical Analysis
NYSE:WAB - US9297401088 - Common Stock
193.31 USD
-2.43 (-1.24%)
193.31 USD
0 (0%)
Overall WAB gets a technical rating of 2 out of 10. WAB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
WAB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
WAB has an average volume of 1137840 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!
When compared to the yearly performance of all other stocks, WAB outperforms 50% of them, which is more or less in line with the market.
WAB is part of the Machinery industry. There are 127 other stocks in this industry, WAB did better than 47% 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.
Considerably lower volume is observed in the last couple of days.
WAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 192.99, a Stop Loss order could be placed below this zone.
More info and screens
176.09
216.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 191.05 to 192.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 186.88 to 186.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @177.87 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @209.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 214.37 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 | 50.75 | NEUTRAL | WAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WAB is above a declining 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) | UP | MIXED | The current price of WAB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for WAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.93 | POSITIVE | The MACD value suggests WAB has a positive trend. |
| Stochastics (14,3) | 65.67 | NEUTRAL | The Stochastics value for WAB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for WAB suggests low volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for WAB suggests a strong 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)
193.31
-2.43 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.24%
1 Week1.84%
2 Weeks0.73%
1 Month-1.88%
3 Month-4.45%
6 Month4.29%
12 Month14%
2 Year71.8%
3 Year120.55%
5 Year190.47%
10 Year101.87%
15 Year809.05%
Volatility
ATR(14)3.38
ATR(20)%1.91%
ATR Inc61.71%
Range Today3.32
ADR(20)3.36
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.75
Mansfield-0.76
10 Day High197.82
10 Day Low188.72
20 Day High199
20 Day Low185.64
52 Week High216.1
52 Week Low151.81
CS1 End192.99
CR1 Start209.86
Volume & EV
DER(3)-2.95%
DER(5)-2.2%
Volume672.40K
Volume Incr-51.48%
Vol(5)725.10K
Vol(50)1.14M