WD-40 CO (WDFC) Stock Technical Analysis
NASDAQ:WDFC - Nasdaq - US9292361071 - Common Stock - Currency: USD
Overall WDFC gets a technical rating of 0 out of 10. WDFC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WDFC is a bad performer in the overall market: 79% of all stocks are doing better.
WDFC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WDFC is one of the better performing stocks in the Household Products industry, it outperforms 72% of 12 stocks in the same industry.
In the last month WDFC has a been trading in the 222.17 - 246.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WDFC has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
215.31
253.44
We found 2 important support areas.
- Support @222.02 from a horizontal line in the weekly time frame.
- Support @217.48 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 225.52 to 229.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 233.68 to 240.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 245.51 to 245.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 250.92 to 250.93. This zone is formed by a combination of multiple trend lines 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 WDFC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WDFC is neutral. |
| ChartMill Relative Strength | 21.13 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 78.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WDFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WDFC is below a declining 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) | 33.09 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests WDFC has a negative trend. |
| Stochastics (14,3) | 17.67 | OVERSOLD | The low Stochastics value suggests WDFC may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.78 | NEUTRAL | The ADX value for WDFC suggests a possible start of a new 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)
223.33
-1.57 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg-0.7%
1 Week-4.22%
2 Weeks-2.28%
1 Month-8.43%
3 Month0.59%
6 Month-7.24%
12 Month-6.9%
2 Year-2.69%
3 Year25.91%
5 Year13.63%
10 Year149.17%
15 Year514.22%
Volatility
ATR(14)6.4
ATR(20)%2.88%
ATR Inc88.21%
Range Today15.11
ADR(20)6.42
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.13
Mansfield-1.65
10 Day High237.33
10 Day Low222.17
20 Day High246.39
20 Day Low222.17
52 Week High292.36
52 Week Low208
CS1 End222.02
CR1 Start225.52
Volume & EV
DER(3)1.27%
DER(5)1.77%
Volume318.20K
Volume Incr-7.53%
Vol(5)226.84K
Vol(50)187.73K