WASHINGTON TRUST BANCORP (WASH) Stock Technical Analysis
NASDAQ:WASH - Nasdaq - US9406101082 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to WASH. WASH 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
WASH is one of the lesser performing stocks in the Banks industry. 83% of 397 stocks in the same industry do better.
WASH is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month WASH has a been trading in the 25.42 - 28.74 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, WASH outperforms 42% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
WASH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.62. Right above this resistance zone may be a good entry point.
More info and screens
25.82
32.21
We found 1 important support area.
- A support zone ranging from 26.08 to 26.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.62 to 29.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.58
Mansfield-0.71
10 Day High28.74
10 Day Low27.16
20 Day High28.74
20 Day Low25.42
52 Week High40.59
52 Week Low24.7
Performance
1 Week2.25%
2 Weeks1.96%
1 Month4.27%
3 Month-14.89%
6 Month-25.8%
12 Month6.64%
2 Year12.29%
3 Year-43.05%
5 Year-10.57%
10 Year-23.92%
15 Year56.66%
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)0.24
RSI(14)53.27
LBB26.64
UBB29.01
28.59
+0.69 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.47%
1 Week2.25%
2 Weeks1.96%
1 Month4.27%
3 Month-14.89%
6 Month-25.8%
12 Month6.64%
2 Year12.29%
3 Year-43.05%
5 Year-10.57%
10 Year-23.92%
15 Year56.66%
Volatility
ATR(14)0.79
ATR(20)%3.01%
ATR Inc-8.74%
Range Today0.81
ADR(20)0.82
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.58
Mansfield-0.71
10 Day High28.74
10 Day Low27.16
20 Day High28.74
20 Day Low25.42
52 Week High40.59
52 Week Low24.7
CS1 End26.35
CR1 Start28.62
Volume & EV
DER(3)-1.7%
DER(5)-2.19%
Volume133.30K
Volume Incr-45.7%
Vol(5)122.68K
Vol(50)192.12K