WAFD INC (WAFD) Stock Technical Analysis
NASDAQ:WAFD - Nasdaq - US9388241096 - Common Stock - Currency: USD
Overall WAFD gets a technical rating of 2 out of 10. In the last year, WAFD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, WAFD is a bad performer in the overall market: 78% of all stocks are doing better.
WAFD is part of the Banks industry. There are 392 other stocks in this industry, of which 86% are performing better than WAFD.
In the last month WAFD has a been trading in the 28.41 - 31.45 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WAFD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAFD is lagging the market.
Although the technical rating is bad, WAFD does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 29.35, a Stop Loss order could be placed below this zone.
More info and screens
23.93
31.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.18 to 29.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.63 to 28.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.17 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.54 to 30.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.21 to 31.21. 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 WAFD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAFD is down. |
| ChartMill Relative Strength | 22.8 | NEGATIVE | WAFD has a low relative strength, it was outperformed by 77.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAFD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAFD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for WAFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests WAFD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for WAFD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for WAFD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.55 | NEGATIVE | The low ADX value for WAFD suggests a weak or negative 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)
29.41
+0.54 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.87%
1 Week-1.11%
2 Weeks-1.64%
1 Month-4.33%
3 Month1.73%
6 Month-2.23%
12 Month-12.47%
2 Year8.2%
3 Year-8.12%
5 Year25.42%
10 Year29.62%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%2.52%
ATR Inc-2.56%
Range Today0.86
ADR(20)0.72
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.8
Mansfield-1.35
10 Day High30.44
10 Day Low28.42
20 Day High31.45
20 Day Low28.42
52 Week High38.62
52 Week Low23.75
CS1 End29.35
CR1 Start29.54
Volume & EV
DER(3)-2.85%
DER(5)-3.5%
Volume529.10K
Volume Incr5.6%
Vol(5)600.94K
Vol(50)516.23K