WATERBRIDGE INFRASTRUC-CL A (WBI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WBI - US9409231050 - Common Stock
Overall WBI gets a technical rating of 1 out of 10. WBI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
WBI 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
20.43
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.97 to 23.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.67 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for WBI is down. |
| 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) | DOWN | NEGATIVE | The current price of WBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WBI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.8 | NEUTRAL | The RSI value for WBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.25 | NEUTRAL | The Stochastics value for WBI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for WBI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.2 | NEUTRAL | The ADX value for WBI suggests a possible start of a new trend. |
20.64
+0.24 (+1.18%)
WATERBRIDGE INFRASTRUC-CL A / WBI FAQ
What is the ChartMill technical rating of WATERBRIDGE INFRASTRUC-CL A (WBI) stock?
ChartMill assigns a technical rating of 1 / 10 to WBI.
What is the current trend direction of WATERBRIDGE INFRASTRUC-CL A (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 40.7954. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WATERBRIDGE INFRASTRUC-CL A?
The MACD indicator for WATERBRIDGE INFRASTRUC-CL A (WBI) has a value of -0.0604854, indicating a bearish trend.
What is the buy/sell signal for WATERBRIDGE INFRASTRUC-CL A (WBI) stock?
The buy/sell signal for WATERBRIDGE INFRASTRUC-CL A (WBI) is hold as the short term and long term trends are mixed.