WESCO INTERNATIONAL INC (WCC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:WCC • US95082P1057
Taking everything into account, WCC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WCC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WCC did better than 91% of all other stocks. On top of that, WCC also shows a nice and consistent pattern of rising prices.
- WCC is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry. WCC outperforms 89% of them.
- WCC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WCC has a been trading in the 264.82 - 318.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WCC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
201.46
5 important support areas can be observed.
- A support zone ranging from 271.16 to 276.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @261.95 from a trend line in the daily time frame.
- Support @253.76 from a trend line in the weekly time frame.
- A support zone ranging from 246.98 to 248.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @203.49 from a horizontal line in the daily 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 | 91.78 | POSITIVE | WCC has a high relative strength, it outperformed 91.78% 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) | 74.16 | OVERBOUGHT | The high RSI value suggests WCC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.7 | POSITIVE | The MACD value suggests WCC has a positive trend. |
| Stochastics (14,3) | 72.1 | NEUTRAL | The Stochastics value for WCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for WCC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.08 | POSITIVE | The high ADX value value for WCC suggests a strong trend. |
315.27
+15.78 (+5.27%)
WESCO INTERNATIONAL INC / WCC FAQ
Can you provide the ChartMill technical rating for WESCO INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to WCC.
Can you provide the trend direction for WESCO INTERNATIONAL INC?
The current trend direction for WESCO INTERNATIONAL INC (WCC) is Bullish.
Can you provide the RSI signal for WESCO INTERNATIONAL INC?
WESCO INTERNATIONAL INC (WCC) has an RSI value of 74.1591. This indicates that the stock is currently overbought.
Can you provide the MACD signal for WESCO INTERNATIONAL INC?
The MACD indicator for WESCO INTERNATIONAL INC (WCC) has a value of 1.69809, indicating a bullish trend.
Can you provide the buy/sell signal for WESCO INTERNATIONAL INC?
The buy/sell signal for WESCO INTERNATIONAL INC (WCC) is buy as both the short term and long term trends are positive.