WABTEC CORP (WAB)

US9297401088 - Common Stock

164.36  +1.18 (+0.72%)

After market: 164.36 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to WAB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAB is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WAB did better than 93% of all other 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 90% 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 is trading in the upper part of its 52 week range, but not near new highs, so WAB is leading the market.
In the last month WAB has a been trading in the 143.22 - 167.49 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WAB has an average volume of 1060560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WAB Weekly chart
WAB Daily chart
Setup Rating and Analysis

2

Although WAB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

104.26

166.00

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 143.62 to 146.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @108.71 from a trend line in the weekly time frame.
  • Support @105.31 from a trend line in the weekly time frame.

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
CRS93.98
Mansfield2.54
10 Day High167.49
10 Day Low143.22
20 Day High167.49
20 Day Low143.22
52 Week High167.49
52 Week Low91.89
Performance
1 Week14%
2 Weeks12.44%
1 Month12.82%
3 Month26.45%
6 Month58.04%
12 Month68.28%
2 Year82.81%
3 Year100.27%
5 Year121.9%
10 Year120.47%
15 Year761.88%
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)1.77
RSI(14)81.77
LBB135.23
UBB164.5
WAB Daily chart

WABTEC CORP

NYSE:WAB (4/26/2024, 7:23:46 PM)

After market: 164.36 0 (0%)

164.36

+1.18 (+0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.72%
1 Week14%
2 Weeks12.44%
1 Month12.82%
3 Month26.45%
6 Month58.04%
12 Month68.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.77
ATR(20)%2.06%
ATR Inc
Range Today2.14
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 High167.49
10 Day Low143.22
20 Day High167.49
20 Day Low143.22
52 Week High167.49
52 Week Low91.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.34M
Volume Incr106.62%
Vol(5)1.83M
Vol(50)1.06M