USA - NYSE:WCC - US95082P1057 - Common Stock
Taking everything into account, WCC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WCC is only an average performer.
WCC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 211.24, a Stop Loss order could be placed below this zone.
201.46
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for WCC is neutral. |
ChartMill Relative Strength | 73.35 | POSITIVE | WCC has a high relative strength, it outperformed 73.35% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of WCC is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of WCC is below 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) | 48.57 | NEUTRAL | The RSI value for WCC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WCC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 49.04 | NEUTRAL | The Stochastics value for WCC is a neutral value. |
Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for WCC suggests some volalility. |
Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for WCC 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 |
---|---|---|---|
222.22 | 207.68 | 14.54 (6.54%) | 15.28% |
An entry @222.22. This is a Buy Stop order right above the resistance zone. | An exit @207.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 14.54 points, which is 6.54%. | For a 1.00% total portfolio risk, you can invest 15.28% of your capital in this trade. |
213.78
-4.62 (-2.12%)