WEBSTER FINANCIAL CORP (WBS) Technical Analysis
NYSE:WBS • US9478901096
Current stock price
WBS Technical Rating and Analysis
Taking everything into account, WBS scores 9 out of 10 in our technical rating. 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.
- 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 82% 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 376 other stocks in this industry. WBS outperforms 90% 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.
- WBS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WBS has an average volume of 4277080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WBS Weekly and Daily overview Charts
WBS Setup Rating and Analysis
Besides having an excellent technical rating, WBS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 73.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.24, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
WBS Support and Resistance Analysis
54.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 69.91 to 72.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.78 to 67.25. 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.
We found 1 important resistance area.
- A resistance zone ranging from 73.21 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 | 82.32 | POSITIVE | WBS has a high relative strength, it outperformed 82.32% 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) | DOWN | MIXED | The current price of WBS is above 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) | 58.69 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.84 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for WBS suggests low volalility. |
| Average Directional Index/ADX (14) | 16.35 | NEGATIVE | The low ADX value for WBS suggests a weak or negative 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 |
|---|---|---|---|
| 73.84 | 71.27 | 2.57 (3.48%) | 25.00% |
| An entry @73.84. This is a Buy Stop order right above the resistance zone. | An exit @71.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.57 points, which is 3.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- 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
72.36
+0.47 (+0.65%)
WEBSTER FINANCIAL CORP / WBS TA 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 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 58.6856. 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 -0.0900286, 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.