WASHINGTON TRUST BANCORP (WASH) Stock Technical Analysis
USA - NASDAQ:WASH - US9406101082 - Common Stock
29.64 USD
-0.23 (-0.77%)
29.64 USD
0 (0%)
Taking everything into account, WASH scores 5 out of 10 in our technical rating. Although WASH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, WASH is a bad performer in the overall market: 71% of all stocks are doing better.
WASH is part of the Banks industry. There are 392 other stocks in this industry, of which 82% are performing better than WASH.
The long and short term trends are both positive. This is looking good!
In the last month WASH has a been trading in the 28.64 - 30.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WASH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WASH is lagging the market.
Although the technical rating is only medium, WASH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.55, a Stop Loss order could be placed below this zone.
More info and screens
25.82
30.85
We found 3 important support areas.
- A support zone ranging from 28.82 to 29.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.83 to 27.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.08 to 26.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.67 to 30.54. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for WASH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WASH is up. |
| ChartMill Relative Strength | 29.92 | NEGATIVE | WASH has a low relative strength, it was outperformed by 70.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WASH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WASH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WASH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.93 | NEUTRAL | The RSI value for WASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests WASH has a negative trend. |
| Stochastics (14,3) | 63.63 | NEUTRAL | The Stochastics value for WASH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WASH suggests some volalility. |
| Average Directional Index/ADX (14) | 32.89 | POSITIVE | The high ADX value value for WASH suggests a strong 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)
29.64
-0.23 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.77%
1 Week1.44%
2 Weeks-1.43%
1 Month-0.24%
3 Month4.92%
6 Month-3.77%
12 Month-6.56%
2 Year12.57%
3 Year-36.23%
5 Year-3.33%
10 Year-22.91%
15 Year55.02%
Volatility
ATR(14)0.72
ATR(20)%2.31%
ATR Inc-19.73%
Range Today0.54
ADR(20)0.66
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.92
Mansfield-1.39
10 Day High30.62
10 Day Low28.64
20 Day High30.96
20 Day Low28.64
52 Week High40.59
52 Week Low24.95
CS1 End29.55
CR1 Start29.67
Volume & EV
DER(3)0.17%
DER(5)0.7%
Volume85.20K
Volume Incr46.74%
Vol(5)164.20K
Vol(50)139.96K