WESTAMERICA BANCORPORATION (WABC) Stock Technical Analysis
NASDAQ:WABC - Nasdaq - US9570901036 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to WABC. WABC 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
WABC is one of the lesser performing stocks in the Banks industry. 78% of 398 stocks in the same industry do better.
WABC is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so WABC is not an exception.
WABC 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.
When comparing the performance of all stocks over the past year, WABC turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
WABC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.99. Right above this resistance zone may be a good entry point.
More info and screens
43.27
57.97
When analyzing the support we notice one important area.
- A support zone ranging from 43.71 to 43.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 48.99 to 49.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.70 from a trend line in the daily time frame.
- A resistance zone ranging from 51.85 to 52.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 56.68 to 57.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.21
Mansfield-0.29
10 Day High47.46
10 Day Low42
20 Day High52.34
20 Day Low42
52 Week High59.97
52 Week Low42
Performance
1 Week3.91%
2 Weeks-4.23%
1 Month-10.55%
3 Month-12.29%
6 Month-11.25%
12 Month-1.73%
2 Year13.48%
3 Year-21.98%
5 Year-27.03%
10 Year5.56%
15 Year-21.78%
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)-0.15
RSI(14)41.78
LBB41.75
UBB50.86
NASDAQ:WABC (4/21/2025, 12:42:06 PM)
45.77
-0.2 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.44%
1 Week3.91%
2 Weeks-4.23%
1 Month-10.55%
3 Month-12.29%
6 Month-11.25%
12 Month-1.73%
2 Year13.48%
3 Year-21.98%
5 Year-27.03%
10 Year5.56%
15 Year-21.78%
Volatility
ATR(14)2.11
ATR(20)%3.92%
ATR Inc-45.56%
Range Today1.42
ADR(20)1.6
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.21
Mansfield-0.29
10 Day High47.46
10 Day Low42
20 Day High52.34
20 Day Low42
52 Week High59.97
52 Week Low42
CS1 End43.71
CR1 Start48.99
Volume & EV
DER(3)0.23%
DER(5)-0.93%
Volume43.14K
Volume Incr-24.2%
Vol(5)171.62K
Vol(50)180.66K