WEBSTER FINANCIAL CORP (WBS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WBS - US9478901096 - Common Stock
We assign a technical rating of 8 out of 10 to WBS. Although WBS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
WBS has an excellent technical rating and also presents a decent setup pattern. 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.
More info and screens
43.29
We found 5 important support areas.
- A support zone ranging from 59.18 to 59.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.96 from a trend line in the daily time frame.
- Support @55.19 from a horizontal line in the daily time frame.
- A support zone ranging from 54.09 to 54.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.68 to 64.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 73.63 | POSITIVE | WBS has a high relative strength, it outperformed 73.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WBS is below 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) | 53.66 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests WBS has a negative trend. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for WBS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for WBS suggests low volalility. |
| Average Directional Index/ADX (14) | 36.76 | POSITIVE | The high ADX value value for WBS suggests a strong trend. |
62.94
-0.59 (-0.93%)
WEBSTER FINANCIAL CORP / WBS FAQ
What is the ChartMill technical rating of WEBSTER FINANCIAL CORP (WBS) stock?
ChartMill assigns a technical rating of 8 / 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 WBS stock?
WEBSTER FINANCIAL CORP (WBS) has an RSI value of 53.6631. This indicates that the stock is currently neutral.
What is the MACD signal for WBS stock?
The MACD indicator for WEBSTER FINANCIAL CORP (WBS) has a value of -0.315315, indicating a bearish trend.
What is the buy/sell signal for WBS stock?
The buy/sell signal for WEBSTER FINANCIAL CORP (WBS) is buy as both the short term and long term trends are positive.