WESCO INTERNATIONAL INC (WCC) Stock Technical Analysis
NYSE:WCC - New York Stock Exchange, Inc. - US95082P1057 - Common Stock - Currency: USD
Overall WCC gets a technical rating of 9 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, WCC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
WCC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 78% of 48 stocks in the same industry.
WCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WCC is lagging the market slightly.
In the last month WCC has a been trading in the 175.05 - 206.97 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that WCC is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although WCC 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
136.77
207.93
We found 4 important support areas.
- A support zone ranging from 198.01 to 199.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @188.36 from a trend line in the daily time frame.
- A support zone ranging from 179.59 to 182.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @138.15 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for WCC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WCC is up. |
| ChartMill Relative Strength | 84.08 | POSITIVE | WCC has a high relative strength, it outperformed 84.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.07 | OVERBOUGHT | The high RSI value suggests WCC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests WCC has a positive trend. |
| Stochastics (14,3) | 89.69 | OVERBOUGHT | The high Stochastics value suggests WCC may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WCC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for WCC suggests a strong 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)
205.87
+0.53 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.26%
1 Week3.43%
2 Weeks5.96%
1 Month16.51%
3 Month36.2%
6 Month7.44%
12 Month21.5%
2 Year17.26%
3 Year61.04%
5 Year429.64%
10 Year235.51%
15 Year472.98%
Volatility
ATR(14)5.02
ATR(20)%2.39%
ATR Inc8.7%
Range Today3.37
ADR(20)4.77
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.08
Mansfield0.82
10 Day High206.97
10 Day Low188.96
20 Day High206.97
20 Day Low175.05
52 Week High216.17
52 Week Low125.21
CS1 End199.1
CR1 StartN/A
Volume & EV
DER(3)-4.8%
DER(5)-2.34%
Volume557.01K
Volume Incr11.72%
Vol(5)704.58K
Vol(50)611.82K