USA - NYSE:WD - US93148P1021 - Common Stock
We assign a technical rating of 5 out of 10 to WD. In the last year, WD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, WD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 83.84, a Stop Loss order could be placed below this zone.
81.42
We found 1 important support area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for WD is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WD is up. |
ChartMill Relative Strength | 21.4 | NEGATIVE | WD has a low relative strength, it was outperformed by 78.6% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WD is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WD is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WD is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for WD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests WD has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 36.78 | NEUTRAL | The Stochastics value for WD is a neutral value. |
Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WD suggests some volalility. |
Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for WD suggests a weak or negative trend. |
83.97
-0.41 (-0.49%)