WEBSTER FINANCIAL CORP (WBS) Technical Analysis
NYSE:WBS • US9478901096
Current stock price
WBS Technical Rating and Analysis
Overall WBS gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- WBS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, WBS did better than 82% of all other stocks. On top of that, WBS also shows a nice and consistent pattern of rising prices.
- WBS is one of the better performing stocks in the Banks industry, it outperforms 87% of 380 stocks in the same industry.
- WBS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WBS is performing more or less in line with the market.
- WBS has an average volume of 4865730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
WBS Weekly and Daily overview Charts
WBS Setup Rating and Analysis
WBS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 67.44, a Stop Loss order could be placed below this zone.
More info and screens
WBS Support and Resistance Analysis
43.84
5 important support areas can be observed.
- A support zone ranging from 67.25 to 67.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.10 from a trend line in the weekly time frame.
- Support @58.30 from a trend line in the daily time frame.
- Support @55.19 from a horizontal line in the daily time frame.
- Support @44.28 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 68.06 to 69.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 73.13 to 73.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
WBS 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 WBS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBS is down. |
| ChartMill Relative Strength | 82.87 | POSITIVE | WBS has a high relative strength, it outperformed 82.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WBS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.42 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests WBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.11 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for WBS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for WBS suggests a possible start of a new trend. |
WBS Chart- and CandleStick Pattern Analysis
WBS 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 |
|---|---|---|---|
| 69.79 | 67.24 | 2.55 (3.65%) | 25.00% |
| An entry @69.79. This is a Buy Stop order right above the resistance zone. | An exit @67.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.55 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% 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.
WBS Technicals: Chart, Performance Metrics, Trend & Indicators
67.8
-0.94 (-1.37%)
WEBSTER FINANCIAL CORP / WBS TA FAQ
What is the ChartMill technical rating of WEBSTER FINANCIAL CORP (WBS) stock?
ChartMill assigns a technical rating of 7 / 10 to WBS.
What is the trend direction for WBS stock?
The current trend direction for WEBSTER FINANCIAL CORP (WBS) is Bullish.
What is the RSI signal for WBS stock?
WEBSTER FINANCIAL CORP (WBS) has an RSI value of 42.419. This indicates that the stock is currently neutral.
What is the MACD signal for WBS stock?
The MACD indicator for WEBSTER FINANCIAL CORP (WBS) has a value of -0.283988, indicating a bearish trend.
What is the buy/sell signal for WBS stock?
The buy/sell signal for WEBSTER FINANCIAL CORP (WBS) is hold as the short term and long term trends are mixed.