Overall WDFC gets a technical rating of 4 out of 10. In the past year, WDFC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
WDFC has an average technical rating and it also 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
185.63
We found 3 important support areas.
- A support zone ranging from 196.74 to 201.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 190.72 to 191.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @187.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 205.77 to 207.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WDFC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDFC is up. |
| ChartMill Relative Strength | 22.47 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 77.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WDFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.62 | POSITIVE | The MACD value suggests WDFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.2 | OVERBOUGHT | The high Stochastics value suggests WDFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.4 | NEGATIVE | The low ADX value for WDFC suggests a weak or negative trend. |
205.76
-1.87 (-0.9%)
WD-40 CO / WDFC FAQ
What is the technical rating for WDFC stock?
ChartMill assigns a technical rating of 4 / 10 to WDFC.
Can you provide the trend direction for WD-40 CO?
The current trend direction for WD-40 CO (WDFC) is Bearish.
What is the RSI signal for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has an RSI value of 61.1649. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WD-40 CO?
The short term momentum for WD-40 CO (WDFC) is positive.
What are the support and resistance levels for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has a support level at 201.52 and a resistance level at 205.77. Check the full technical report for our detailed analysis of WDFC support and resistance levels.