WAFD INC (WAFD) Stock Technical Analysis
NASDAQ:WAFD - Nasdaq - US9388241096 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to WAFD. WAFD 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.
WAFD is part of the Banks industry. There are 395 other stocks in this industry, of which 65% are performing better than WAFD.
WAFD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WAFD is lagging the market.
In the last month WAFD has a been trading in the 27.45 - 30.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When compared to the yearly performance of all other stocks, WAFD outperforms 59% of them, which is more or less in line with the market.
Although the technical rating is bad, WAFD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
23.93
31.00
When analyzing the support we notice one important area.
- A support zone ranging from 24.17 to 24.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.44 to 29.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.92 to 30.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.69 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for WAFD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAFD is down. |
| ChartMill Relative Strength | 59.23 | NEUTRAL | WAFD is not amongst the best or worst performers 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 | MIXED | The current price of WAFD is below 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) | 45.83 | NEUTRAL | The RSI value for WAFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WAFD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.37 | OVERSOLD | The low Stochastics value suggests WAFD may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WAFD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.65 | 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)
28.19
+0.27 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.97%
1 Week-2.08%
2 Weeks-0.77%
1 Month-1.91%
3 Month1.92%
6 Month-13.63%
12 Month7.02%
2 Year6.3%
3 Year-6.1%
5 Year5.03%
10 Year20.73%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%2.14%
ATR Inc-9.4%
Range Today0.38
ADR(20)0.56
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.23
Mansfield-1.43
10 Day High30
10 Day Low27.45
20 Day High30
20 Day Low27.45
52 Week High38.62
52 Week Low23.75
CS1 End24.54
CR1 Start28.44
Volume & EV
DER(3)-0.91%
DER(5)-0.84%
Volume1.26M
Volume Incr39.05%
Vol(5)651.62K
Vol(50)539.45K