WATERBRIDGE INFRASTRUC-CL A (WBI) Technical Analysis
NYSE:WBI • US9409231050
Current stock price
WBI Technical Rating and Analysis
Taking everything into account, WBI scores 6 out of 10 in our technical rating. 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 part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 96% are performing better than WBI.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month WBI has a been trading in the 23.18 - 27.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
WBI Weekly and Daily overview Charts
WBI Setup Rating and Analysis
Although the technical rating is only medium, WBI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
WBI Support and Resistance Analysis
23.25
We found 2 important support areas.
- A support zone ranging from 24.99 to 25.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.48 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @26.47 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 26.98 to 27.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for WBI is neutral. |
| 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) | 56.6 | NEUTRAL | The RSI value for WBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests WBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.88 | NEUTRAL | The Stochastics value for WBI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for WBI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for WBI suggests a possible start of a new 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 |
|---|---|---|---|
| 26.48 | 24.98 | 1.50 (5.66%) | 17.65% |
| An entry @26.48. This is a Buy Stop order right above the resistance zone. | An exit @24.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.50 points, which is 5.66%. | When investing 17.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of WBI. Please evaluate whether better entry and exit points can be found.
- 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
25.8
+0.96 (+3.86%)
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 6 / 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 56.5985. 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 -0.125295, 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 neutral.