WATERBRIDGE INFRASTRUC-CL A (WBI) Technical Analysis
NYSE:WBI • US9409231050
Current stock price
WBI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to WBI. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WBI is a bad performer.
- When comparing the yearly performance of all stocks, WBI is a bad performer in the overall market: 100% of all stocks are doing better.
- WBI is one of the lesser performing stocks in the Energy Equipment & Services industry. 96% of 60 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month WBI has a been trading in the 23.18 - 28.43 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WBI Weekly and Daily overview Charts
WBI Setup Rating and Analysis
WBI has an excellent technical rating, but the quality of the setup is only medium 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
WBI Support and Resistance Analysis
23.87
2 important support areas can be observed.
- A support zone ranging from 24.95 to 25.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.11 to 24.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
WBI 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 WBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WBI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.03 | NEUTRAL | The RSI value for WBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests WBI has a positive trend. |
| Stochastics (14,3) | 83.93 | OVERBOUGHT | The high Stochastics value suggests WBI may be overbought. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for WBI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.05 | NEGATIVE | The low ADX value for WBI suggests a weak or negative trend. |
WBI Chart- and CandleStick Pattern Analysis
WBI 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 |
|---|---|---|---|
| 28.44 | 23.17 | 5.27 (18.53%) | 5.40% |
| An entry @28.44. This is a Buy Stop order right above the 10 day high. | An exit @23.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.27 points, which is 18.53%. | For a 1.00% total portfolio risk, you can invest 5.40% 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.
WBI Technicals: Chart, Performance Metrics, Trend & Indicators
28.34
+1.72 (+6.46%)
WATERBRIDGE INFRASTRUC-CL A / WBI TA FAQ
What is the ChartMill technical rating of WATERBRIDGE INFRASTRUC-CL A (WBI) stock?
ChartMill assigns a technical rating of 7 / 10 to WBI.
What is the trend direction for WBI stock?
The current trend direction for WATERBRIDGE INFRASTRUC-CL A (WBI) is Bullish.
What is the RSI signal for WATERBRIDGE INFRASTRUC-CL A (WBI) stock?
WATERBRIDGE INFRASTRUC-CL A (WBI) has an RSI value of 67.0298. This indicates that the stock is currently neutral.
What is the MACD signal for WBI stock?
The MACD indicator for WATERBRIDGE INFRASTRUC-CL A (WBI) has a value of 0.198819, indicating a bearish trend.
What is the short term momentum for WATERBRIDGE INFRASTRUC-CL A (WBI) stock?
The short term momentum for WATERBRIDGE INFRASTRUC-CL A (WBI) is positive.