WESCO AIRCRAFT HLDGS INC (WAIR) Technical Analysis
NYSE:WAIR
Current stock price
WAIR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to WAIR. Both in the recent history as in the last year, WAIR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, WAIR did better than 75% of all other stocks.
- WAIR 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 WAIR is leading the market.
- In the last month WAIR has a been trading in a tight range between 10.98 and 11.06.
- Volume is considerably higher in the last couple of days.
WAIR Weekly and Daily overview Charts
WAIR Setup Rating and Analysis
Although WAIR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WAIR Support and Resistance Analysis
9.21
We found 2 important support areas.
- A support zone ranging from 10.94 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.30 to 9.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.11 to 11.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
WAIR Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for WAIR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAIR is up. |
| ChartMill Relative Strength | 75.73 | POSITIVE | WAIR has a high relative strength, it outperformed 75.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAIR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WAIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.3 | NEUTRAL | The RSI value for WAIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WAIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for WAIR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for WAIR suggests low volalility. |
WAIR Chart- and CandleStick Pattern Analysis
WAIR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.07 | 10.99 | 0.08 (0.72%) | 25.00% |
| An entry @11.07. This is a Buy Stop order right above the 10 day high. | An exit @10.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.72%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WAIR Technicals: Chart, Performance Metrics, Trend & Indicators
11.04
0 (0%)
WESCO AIRCRAFT HLDGS INC / WAIR TA FAQ
What is the ChartMill technical rating of WESCO AIRCRAFT HLDGS INC (WAIR) stock?
ChartMill assigns a technical rating of 8 / 10 to WAIR.
What is the current trend direction of WESCO AIRCRAFT HLDGS INC (WAIR) stock?
The current trend direction for WESCO AIRCRAFT HLDGS INC (WAIR) is Bullish.
What is the RSI signal for WESCO AIRCRAFT HLDGS INC (WAIR) stock?
WESCO AIRCRAFT HLDGS INC (WAIR) has an RSI value of 61.3041. This indicates that the stock is currently neutral.
What is the MACD signal for WESCO AIRCRAFT HLDGS INC (WAIR) stock?
The MACD indicator for WESCO AIRCRAFT HLDGS INC (WAIR) has a value of 0.00217763, indicating a bearish trend.
What is the support and resistance level for WAIR stock?
WESCO AIRCRAFT HLDGS INC (WAIR) has a support level at 11.03 and a resistance level at 11.11. Check the full technical report for our detailed analysis of WAIR support and resistance levels.