WEBSTER FINANCIAL CORP (WBS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WBS - US9478901096 - Common Stock
Overall WBS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, WBS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, WBS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 64.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.33, a Stop Loss order could be placed below this zone.
More info and screens
43.24
When analyzing the support we can see 6 important areas.
- A support zone ranging from 63.18 to 64.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.74 to 59.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.42 to 56.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.19 from a horizontal line in the daily time frame.
- Support @54.10 from a horizontal line in the daily time frame.
- Support @43.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.66 to 64.94. 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 | 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 | 74.77 | POSITIVE | WBS has a high relative strength, it outperformed 74.77% 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) | 67.88 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WBS has a negative trend. |
| Stochastics (14,3) | 71.09 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for WBS suggests low volalility. |
| Average Directional Index/ADX (14) | 39.17 | POSITIVE | The high ADX value value for WBS suggests a strong trend. |
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 |
|---|---|---|---|
| 64.95 | 63.25 | 1.70 (2.63%) | 25.00% |
| An entry @64.95. This is a Buy Stop order right above the resistance zone. | An exit @63.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.70 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WBS. 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.
64.4
-0.13 (-0.2%)
WEBSTER FINANCIAL CORP / WBS FAQ
What is the ChartMill technical rating of WEBSTER FINANCIAL CORP (WBS) stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
What is the RSI signal for WBS stock?
WEBSTER FINANCIAL CORP (WBS) has an RSI value of 67.884. 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 positive.
Can you provide the buy/sell signal for WEBSTER FINANCIAL CORP?
The buy/sell signal for WEBSTER FINANCIAL CORP (WBS) is buy as both the short term and long term trends are positive.