We assign a technical rating of 3 out of 10 to WDFC. Recently some decent action could be observed, but in the medium term time frame this is still negative. WDFC was also a bad performer in the overall market in the last year.
The technical rating of WDFC is bad and it also does not present a 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
When analyzing the support we can see 4 important areas.
- Support @206.54 from a horizontal line in the daily time frame.
- A support zone ranging from 196.47 to 198.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 207.64 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 | 23.51 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 76.49% 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) | 64.74 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.72 | POSITIVE | The MACD value suggests WDFC has a positive trend. |
| Stochastics (14,3) | 87.86 | OVERBOUGHT | The high Stochastics value suggests WDFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for WDFC suggests a weak or negative trend. |
207.63
+1.69 (+0.82%)
WD-40 CO / WDFC FAQ
What is the technical rating for WDFC stock?
ChartMill assigns a technical rating of 3 / 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 64.7378. 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 206.54 and a resistance level at 207.64. Check the full technical report for our detailed analysis of WDFC support and resistance levels.