WESCO INTERNATIONAL INC (WCC) Technical Analysis
NYSE:WCC • US95082P1057
Current stock price
WCC Technical Rating and Analysis
Overall WCC gets a technical rating of 5 out of 10. Although WCC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, WCC did better than 89% of all other stocks. We also observe that the gains produced by WCC over the past year are nicely spread over this period.
- WCC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 91% of 48 stocks in the same industry.
- WCC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WCC is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month WCC has a been trading in the 244.08 - 298.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WCC Weekly and Daily overview Charts
WCC Setup Rating and Analysis
WCC has an average technical rating and the quality of the presented setup is also not ideal 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
WCC Support and Resistance Analysis
244.51
We found 1 important support area.
- A support zone ranging from 246.98 to 252.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @276.77 from a horizontal line in the daily time frame.
WCC 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 | NEUTRAL | NEUTRAL | The long term trend for WCC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WCC is neutral. |
| ChartMill Relative Strength | 89.33 | POSITIVE | WCC has a high relative strength, it outperformed 89.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WCC is below a declining 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) | 44.33 | NEUTRAL | The RSI value for WCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.15 | POSITIVE | The MACD value suggests WCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.38 | NEUTRAL | The Stochastics value for WCC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for WCC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for WCC suggests a possible start of a new trend. |
WCC Chart- and CandleStick Pattern Analysis
WCC Technicals: Chart, Performance Metrics, Trend & Indicators
262.13
-3.85 (-1.45%)
WESCO INTERNATIONAL INC / WCC TA FAQ
Can you provide the ChartMill technical rating for WESCO INTERNATIONAL INC?
ChartMill assigns a technical rating of 5 / 10 to WCC.
Can you provide the trend direction for WESCO INTERNATIONAL INC?
The current trend direction for WESCO INTERNATIONAL INC (WCC) is Bearish.
Can you provide the RSI signal for WESCO INTERNATIONAL INC?
WESCO INTERNATIONAL INC (WCC) has an RSI value of 44.334. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESCO INTERNATIONAL INC?
The MACD indicator for WESCO INTERNATIONAL INC (WCC) has a value of 1.15313, indicating a bullish trend.