WEBSTER FINANCIAL CORP (WBS) Technical Analysis
NYSE:WBS • US9478901096
Current stock price
72.06 USD
+0.28 (+0.39%)
At close:
72.0651 USD
+0.01 (+0.01%)
After Hours:
WBS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to WBS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WBS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WBS is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by WBS over the past year are nicely spread over this period.
- WBS is part of the Banks industry. There are 377 other stocks in this industry. WBS outperforms 91% of them.
- WBS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WBS has a been trading in the 67.58 - 72.12 range, which is quite wide. It is currently trading near the high of this range.
- WBS has an average volume of 5288720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
WBS Weekly and Daily overview Charts
WBS Setup Rating and Analysis
Although WBS has an excellent technical rating, it does not offer a high quality setup 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
WBS Support and Resistance Analysis
54.64
74.57
We found 4 important support areas.
- A support zone ranging from 68.93 to 70.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.25 to 67.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.89 from a trend line in the weekly time frame.
- Support @55.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The short term trend for WBS is up. |
| ChartMill Relative Strength | 85.6 | POSITIVE | WBS has a high relative strength, it outperformed 85.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBS is above 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) | 62.63 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests WBS has a positive trend. |
| Stochastics (14,3) | 94.61 | OVERBOUGHT | The high Stochastics value suggests WBS may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for WBS suggests low volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for WBS suggests a weak or negative trend. |
WBS Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WBS Technicals: Chart, Performance Metrics, Trend & Indicators
72.06
+0.28 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.39%
1 Week2.62%
2 Weeks5.86%
1 Month7.15%
3 Month11.67%
6 Month32.78%
12 Month59.6%
2 Year64.41%
3 Year93.19%
5 Year36.19%
10 Year96.67%
15 Year234.85%
Volatility
ATR(14)1.04
ATR(20)%1.47%
ATR Inc-51.28%
Range Today0.72
ADR(20)0.78
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.6
3 months CRS87.45
6 months CRS90.22
Mansfield1.25
10 Day High72.12
10 Day Low67.85
20 Day High72.12
20 Day Low67.58
52 Week High74
52 Week Low43.83
CS1 End70.45
CR1 Start73.13
Volume & EV
DER(3)3.79%
DER(5)2.78%
Volume2.57M
Volume Incr-26.6%
Vol(5)2.95M
Vol(50)5.29M
WEBSTER FINANCIAL CORP / WBS TA FAQ
What is the ChartMill technical rating of WEBSTER FINANCIAL CORP (WBS) stock?
ChartMill assigns a technical rating of 10 / 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 WEBSTER FINANCIAL CORP (WBS) stock?
WEBSTER FINANCIAL CORP (WBS) has an RSI value of 62.6341. This indicates that the stock is currently neutral.
What is the MACD signal for WEBSTER FINANCIAL CORP (WBS) stock?
The MACD indicator for WEBSTER FINANCIAL CORP (WBS) has a value of 0.380063, indicating a bearish trend.
What is the short term momentum for WEBSTER FINANCIAL CORP (WBS) stock?
The short term momentum for WEBSTER FINANCIAL CORP (WBS) is positive.