WEBSTER FINANCIAL CORP (WBS) Stock Technical Analysis
NYSE:WBS - New York Stock Exchange, Inc. - US9478901096 - Common Stock - Currency: USD
Taking everything into account, WBS scores 6 out of 10 in our technical rating. Although WBS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, WBS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.55, a Stop Loss order could be placed below this zone.
More info and screens
42.07
We found 2 important support areas.
- A support zone ranging from 50.76 to 51.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.49 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.70 to 54.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.32 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for WBS is neutral. |
| ChartMill Relative Strength | 79.42 | POSITIVE | WBS has a high relative strength, it outperformed 79.42% 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 | POSITIVE | The current price of WBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WBS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.89 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests WBS has a negative trend. |
| Stochastics (14,3) | 20.1 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for WBS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for WBS suggests a weak or negative 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 |
|---|---|---|---|
| 52.78 | 50.75 | 2.03 (3.84%) | 25.00% |
| An entry @52.78. This is a Buy Stop order right above the 10 day moving average. | An exit @50.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.03 points, which is 3.84%. | For a 0.96% 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.
51.56
+0.79 (+1.56%)