WBD Technical Analysis - WEBUILD SPA

Technical Rating and Analysis

Overall WBD gets a technical rating of 1 out of 10. WBD 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.

In the last month WBD has a been trading in the 3.41 - 3.76 range, which is quite wide. It is currently trading near the lows of this range.

WBD has an average volume of 2333590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

When comparing the performance of all stocks over the past year, WBD turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.

WBD is part of the Construction & Engineering industry. There are 43 other stocks in this industry, WBD did better than 52% of them.

WBD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WBD is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

WBD has a poor technical rating and the quality of the setup is also not perfect 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

3.24

3.78

2 important support areas can be observed.

A support zone ranging from 3.46 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @3.27 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

Resistance @3.74 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for WBD.MI is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for WBD.MI is down.
ChartMill Relative Strength	69.44	NEUTRAL	WBD.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of WBD.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of WBD.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of WBD.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	35.08	NEUTRAL	The RSI value for WBD.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests WBD.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)	19.99	OVERSOLD	The low Stochastics value suggests WBD.MI may be oversold.
Average True Range in percent/ATR (20)	2.39	MEDIUM VOLATILITY	The ATR as a percentage value for WBD.MI suggests some volalility.
Average Directional Index/ADX (14)	30.59	POSITIVE	The high ADX value value for WBD.MI suggests a strong trend.