WESCO INTERNATIONAL INC (WCC) Technical Analysis
NYSE:WCC • US95082P1057
Current stock price
WCC Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WCC is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by WCC over the past year are nicely spread over this period.
- WCC is part of the Trading Companies & Distributors industry. There are 46 other stocks in this industry. WCC outperforms 93% of them.
- WCC is currently trading near its 52 week high, which is a good sign. 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 256.27 - 324.34 range, which is quite wide. It is currently trading near the high of this range.
WCC Weekly and Daily overview Charts
WCC Setup Rating and Analysis
Although WCC has an excellent technical rating, it does not offer a high quality setup 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 4 important support areas.
- A support zone ranging from 284.85 to 287.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 257.61 to 261.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @251.41 from a horizontal line in the weekly time frame.
- Support @246.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 322.81 to 322.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 91.07 | POSITIVE | WCC has a high relative strength, it outperformed 91.07% 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) | 70.93 | OVERBOUGHT | The high RSI value suggests WCC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.49 | POSITIVE | The MACD value suggests WCC has a positive trend. |
| Stochastics (14,3) | 94.14 | OVERBOUGHT | The high Stochastics value suggests WCC may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for WCC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | 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
322.8
+3.74 (+1.17%)
WESCO INTERNATIONAL INC / WCC TA FAQ
Can you provide the ChartMill technical rating for WESCO INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to WCC.
What is the current trend direction of WESCO INTERNATIONAL INC (WCC) stock?
The current trend direction for WESCO INTERNATIONAL INC (WCC) is Bullish.
What is the RSI signal for WCC stock?
WESCO INTERNATIONAL INC (WCC) has an RSI value of 70.9266. This indicates that the stock is currently overbought.
What is the short term momentum for WESCO INTERNATIONAL INC (WCC) stock?
The short term momentum for WESCO INTERNATIONAL INC (WCC) is positive.
What is the support and resistance level for WCC stock?
WESCO INTERNATIONAL INC (WCC) has a support level at 287.88 and a resistance level at 322.81. Check the full technical report for our detailed analysis of WCC support and resistance levels.