WEBSTER FINANCIAL CORP (WBS) Stock Technical Analysis
USA - NYSE:WBS - US9478901096 - Common Stock
Overall WBS gets a technical rating of 1 out of 10. WBS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
WBS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.84, a Stop Loss order could be placed below this zone.
More info and screens
42.84
We found 2 important support areas.
- A support zone ranging from 54.09 to 54.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.41 to 62.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for WBS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WBS is down. |
| ChartMill Relative Strength | 53.44 | NEUTRAL | WBS is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of WBS is below a declining 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) | 45.36 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WBS has a positive trend. |
| Stochastics (14,3) | 50.05 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for WBS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for WBS suggests a weak or negative trend. |
56.59
-0.51 (-0.89%)
WEBSTER FINANCIAL CORP / WBS FAQ
What is the ChartMill technical rating of WEBSTER FINANCIAL CORP (WBS) stock?
ChartMill assigns a technical rating of 1 / 10 to WBS.
What is the current trend direction of WEBSTER FINANCIAL CORP (WBS) stock?
The current trend direction for WEBSTER FINANCIAL CORP (WBS) is Bearish.
What is the RSI signal for WBS stock?
WEBSTER FINANCIAL CORP (WBS) has an RSI value of 45.3566. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEBSTER FINANCIAL CORP?
The short term momentum for WEBSTER FINANCIAL CORP (WBS) is negative.