WASTE CONNECTIONS INC (WCN) Stock Technical Analysis
USA - NYSE:WCN - CA94106B1013 - Common Stock
170.84 USD
+1.1 (+0.65%)
170.84 USD
0 (0%)
Overall WCN gets a technical rating of 0 out of 10. WCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WCN is a bad performer in the overall market: 75% of all stocks are doing better.
WCN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
WCN has an average volume of 1092540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WCN is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, WCN did better than 51% of them.
In the last month WCN has a been trading in a tight range between 169.40 and 177.01.
WCN has a bad 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 170.83, a Stop Loss order could be placed below this zone.
More info and screens
168.03
199.06
When analyzing the support we notice one important area.
- A support zone ranging from 169.73 to 170.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 172.39 to 174.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 177.97 to 188.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 191.85 to 192.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @197.09 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 | DOWN | NEGATIVE | The long term trend for WCN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCN is down. |
| ChartMill Relative Strength | 25.14 | NEGATIVE | WCN has a low relative strength, it was outperformed by 74.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WCN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WCN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.35 | NEUTRAL | The RSI value for WCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.65 | NEUTRAL | The Stochastics value for WCN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for WCN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for WCN suggests a strong 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)
170.84
+1.1 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.65%
1 Week0.38%
2 Weeks-1.27%
1 Month-2.61%
3 Month-6.46%
6 Month-13.44%
12 Month-6.44%
2 Year31.92%
3 Year29.51%
5 Year72.01%
10 Year126.48%
15 Year354.29%
Volatility
ATR(14)2.62
ATR(20)%1.52%
ATR Inc13.13%
Range Today1.7
ADR(20)2.49
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.14
Mansfield-1.61
10 Day High175.57
10 Day Low169.4
20 Day High177.01
20 Day Low169.4
52 Week High201.66
52 Week Low169.36
CS1 End170.83
CR1 Start172.39
Volume & EV
DER(3)-1.78%
DER(5)-1.82%
Volume1.36M
Volume Incr4.71%
Vol(5)1.17M
Vol(50)1.09M