WESCO INTERNATIONAL INC (WCC) Stock Technical Analysis
USA - NYSE:WCC - US95082P1057 - Common Stock
213.78 USD
-4.62 (-2.12%)
213.78 USD
0 (0%)
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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
WCC is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry. WCC outperforms 70% of them.
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.
Looking at the yearly performance, WCC did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month WCC has a been trading in the 203.40 - 226.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
201.46
229.47
2 important support areas can be observed.
- A support zone ranging from 207.69 to 211.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @203.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 214.38 to 222.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 227.19 to 227.20. This zone is formed by a combination of multiple trend lines 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 | 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. |
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)
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. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
213.78
-4.62 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.12%
1 Week2.64%
2 Weeks-0.97%
1 Month2.4%
3 Month3.84%
6 Month41.44%
12 Month18.75%
2 Year66.76%
3 Year55.17%
5 Year418.38%
10 Year336.91%
15 Year399.25%
Volatility
ATR(14)8.43
ATR(20)%3.5%
ATR Inc1.44%
Range Today9.55
ADR(20)7.22
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.35
Mansfield0.33
10 Day High226.93
10 Day Low207.39
20 Day High226.93
20 Day Low203.4
52 Week High228.35
52 Week Low125.21
CS1 End211.24
CR1 Start214.38
Volume & EV
DER(3)-0.42%
DER(5)-0.78%
Volume491.90K
Volume Incr-17.22%
Vol(5)517.78K
Vol(50)582.48K