WEBSTER FINANCIAL CORP (WBS) Stock Technical Analysis
NYSE:WBS - US9478901096 - Common Stock
62.22 USD
-0.08 (-0.13%)
62.22 USD
0 (0%)
Overall WBS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WBS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WBS did better than 84% of all other stocks.
WBS is one of the better performing stocks in the Banks industry, it outperforms 88% of 395 stocks in the same industry.
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.
In the last month WBS has a been trading in the 55.03 - 63.25 range, which is quite wide. It is currently trading near the high of this range.
WBS has an average volume of 1363310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although WBS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.72
63.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.35 to 58.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.18 to 55.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.15 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.23 to 62.83. 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 | 84.2 | POSITIVE | WBS has a high relative strength, it outperformed 84.2% 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) | 65.84 | NEUTRAL | The RSI value for WBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests WBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.19 | OVERBOUGHT | The high Stochastics value suggests WBS may be overbought. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for WBS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for WBS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
62.22
-0.08 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.13%
1 Week1.2%
2 Weeks8.23%
1 Month11.09%
3 Month20.86%
6 Month10.48%
12 Month31.18%
2 Year46.71%
3 Year32.24%
5 Year126.26%
10 Year75.86%
15 Year286.7%
Volatility
ATR(14)1.31
ATR(20)%2%
ATR Inc-37.98%
Range Today0.66
ADR(20)1.22
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.2
Mansfield0.58
10 Day High63.25
10 Day Low57.05
20 Day High63.25
20 Day Low55.03
52 Week High63.99
52 Week Low39.43
CS1 End58.61
CR1 Start62.23
Volume & EV
DER(3)-0.65%
DER(5)0.98%
Volume928.20K
Volume Incr-11.35%
Vol(5)1.03M
Vol(50)1.36M