WASTE CONNECTIONS INC (WCN) Stock Technical Analysis
NYSE:WCN - New York Stock Exchange, Inc. - CA94106B1013 - Common Stock - Currency: USD
Taking everything into account, WCN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WCN is showing a nice and steady performance.
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 WCN is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by WCN over the past year are nicely spread over this period.
WCN is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. WCN outperforms 73% of them.
WCN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month WCN has a been trading in the 182.81 - 199.78 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
WCN has an average volume of 1213720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, WCN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 198.40. Right above this resistance zone may be a good entry point.
More info and screens
168.18
201.96
We found 4 important support areas.
- Support @187.37 from a trend line in the daily time frame.
- A support zone ranging from 182.62 to 183.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @174.66 from a trend line in the weekly time frame.
- A support zone ranging from 169.88 to 170.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 198.40 to 199.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.3
Mansfield1.01
10 Day High199.78
10 Day Low190.93
20 Day High199.78
20 Day Low182.81
52 Week High201.66
52 Week Low160.34
Performance
1 Week0.38%
2 Weeks1.38%
1 Month8.26%
3 Month4.29%
6 Month7.8%
12 Month18.53%
2 Year45.18%
3 Year55.55%
5 Year110.96%
10 Year195.24%
15 Year510.4%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)58.07
LBB193.68
UBB199.55
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 |
|---|---|---|---|
| 199.97 | 190.92 | 9.05 (4.53%) | 22.10% |
| An entry @199.97. This is a Buy Stop order right above the resistance zone. | An exit @190.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.05 points, which is 4.53%. | When investing 22.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
198.39
+0.01 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.01%
1 Week0.38%
2 Weeks1.38%
1 Month8.26%
3 Month4.29%
6 Month7.8%
12 Month18.53%
2 Year45.18%
3 Year55.55%
5 Year110.96%
10 Year195.24%
15 Year510.4%
Volatility
ATR(14)3.79
ATR(20)%2.09%
ATR Inc-45.04%
Range Today2.22
ADR(20)4.06
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.3
Mansfield1.01
10 Day High199.78
10 Day Low190.93
20 Day High199.78
20 Day Low182.81
52 Week High201.66
52 Week Low160.34
CS1 End187.37
CR1 Start198.4
Volume & EV
DER(3)1.7%
DER(5)0.2%
Volume891.50K
Volume Incr-55.76%
Vol(5)713.58K
Vol(50)1.21M